01/05/2018
Saudi Arabia takes step closer to giant Aramco IPO
Bulletin published in the kingdom’s official gazette said the cabinet had approved giving joint-stock status to Aramco
Alternative Investments
01/03/2018
Jadwa Investment launches Jadwa REIT Saudi Fund
The equity-financed REIT will offer an initial net dividend yield of 7.3% in the form of quarterly distributions.
01/03/2018
MAG Lifestyle Development launches new unit
MAG International Alliances, he stated, has already created partnerships with top GCC organisations across the aviation, banking, healthcare and education sectors, and is also forming agreements with governmental entities.
01/03/2018
Bank Leumi agrees in principle to sell Romanian
The final transaction, which is not expected to impact financial results significantly
01/02/2018
Mideast funds to boost equities positions, favour Saudi after state budget
The latest monthly Reuters poll of 13 leading regional fund managers, conducted over the past 10 days, shows many funds will bet on 2018 being better.
01/02/2018
Al Rajhi Capital launches latest Saudi REIT IPO
Six other REITs have been listed since the Saudi stock market opened to them in 2016
01/01/2018
Egypt picks five Banks to manage Its $4billion Eurobond sale
The government selected HSBC Holdings Plc, Citigroup Inc., JPMorgan Chase & Co.,Morgan Stanley and the National Bank of Abu Dhabi for the sale scheduled around January
01/01/2018
Digital transformation: The catalyst for sustainable logistics operations
Kushal Nahata explains why sustainability must be front of mind for the region’s logistics players
12/29/2017
Saudi forex reserves rise for second month
It was the first time since mid-2014 that the reserves rose for two consecutive months.
12/28/2017
NDFI Pledges Support for Exports to Oman
Lack of liquidity was referred to by the official as the main problem facing Iranian investors in Oman and he called on the national development fund to assist in this regard.
12/28/2017
UAE non-oil growth to surge to 3.7pc in 2018
This should help offset continued weakness in the oil sector and deliver growth of around 3 per cent in the overall economy
12/28/2017
Financial Oil Trading Booms, Especially in the United States
This is more than double the 71 million trades for spot Brent futures
12/28/2017
Sharjah developer secures $270m funding for mega project
ARADA says it has signed loan deal with two UAE Islamic banks to support development of Aljada project
12/28/2017
Realty, insurance, transport buying lifts Qatar bourse
Trade turnover was on the rise amidst lower volumes in the bourse
12/28/2017
Gulf energy firms issue record $28.7bn debt in 2017
Bloomberg date shows issuance has eclipsed the previous high set two years earlier
12/27/2017
Regional investors show interest in ONIC to invest in Oman, says Ominvest
“We remain open to such collaborations to create synergies for ONIC’s portfolio companies and create value for ONIC shareholders,”
12/27/2017
Saudi, Egyptian markets outperform in weak region
Investors are also hoping for the company to reach a deal with the housing ministry on building homes
12/27/2017
UAE banks ready for challenges
Industry to stabilise along with the nation's economy; capitalisation set to remain robust
12/27/2017
Egypt's CI Capital acquires Reefy
Both companies signed the final contracts for the sale and the termination of the agreement on the terms of payment of about EGP 400m.
12/26/2017
Bank ABC arranges $75mln facility for Is Finansal
The facility is expected to be signed by mid-January 2018 and will be used by Is Leasing for general corporate purposes.