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.
Alternative Investments
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.
12/26/2017
GAM launches first foreign funds in Israel
The funds seek to deliver consistent returns for investors, including a regular income, by investing predominantly in investment grade or high quality bond issuers, and have a proven track record of over 30 years.
12/26/2017
ADIA Invests In HDFC Capital’s $1 Billion Housing Fund
With a development footprint of 75 million square feet across affordable and mid-income residential projects, affordable housing will be developed in 15 leading cities over the next two-three years in India.
12/26/2017
Ithmaar in Process of Completing Dubai Listing
Ithmaar Holding received on Thursday approval from the UAE’s Securities and Commodities Authority to list on the Dubai Financial Market
12/26/2017
UAE, Tajikistan plan to create joint investment fund
UAE invested more than $188m in central Asian country in the last ten years
12/25/2017
EFG Hermes looks to manage renewable energy projects: energy head
He expected renewable energy to attract investors from the Gulf and Asia in 2018.
12/25/2017
Union Properties to IPO unit in second half of 2018
The public offering is part of the Dubai-listed developer's strategy to diversify revenue sources
12/25/2017
Muscat Capital launches real estate fund
The fund will be listed on Saudi stock exchange
12/21/2017
Registered kuwaitis still not working statistics
The number of bachelor degree holders constitutes the majority of the unemployed in the country.