12/20/2017
UAE moots pensions for expats
The end-of-service gratuity calculates an amount based upon completion of a full year of employment.
Alternative Investments
12/19/2017
REIT boom gathers pace in Saudi Arabia
The REIT is invested in 15 assets, located in six cities: Riyadh, Dammam, Jubail, Khobar, Jeddah, and Al-Ahsa.
12/19/2017
Dubai firm buys 'iconic' London skyscraper for $357m
Subsidiary of Al Gurg Group inks deal for 20-storey building in UK capital city
12/19/2017
Saudi budgets 978 billion riyal spending for 2018
Kingdom expects to post a budget deficit for the fifth year in the row
12/18/2017
Clifford Chance advises Emirates REIT on debut $400 million Sukuk
Clifford Chance has advised Emirates REIT Limited, the world's largest, publically listed Shari'ah-compliant real estate investment trust, on its inaugural $400 million issuance of five-year trust certificates.
12/18/2017
Saudi Aramco Hires Citi to Lead $2 Billion UK-Backed Loan: Sources
Banks look at these kinds of operations for relationship purposes," said a source at a European export credit agency in the Middle East.
12/17/2017
Saudi Arabia — A Kingdom under Transformation
Over the past two years, the Kingdom has laid out a clear road map on measures to be taken to diversify its economy
12/17/2017
GCC’s insurance sector poised for strong growth in next five years
Economic diversification and supportive regulatory environment to boost growth
12/17/2017
MENA hotel investments to hit record high in 2018
New figures from the Arabian Hotel Investment Conference 2018 forecasts that $14 billion in construction contracts will be awarded in 2018..
12/17/2017
Mashreq Bank honours CEO with ‘wellness leader’ award
He constantly pushes leaders (and other employees) from the organisations that he manages to get fitter
12/17/2017
Dubai prime residential prices to rise in 2018 - forecast
Government investment in the economy and infrastructure ahead of Expo2020 are helping to attract more employment, driving demand higher, it said.
12/14/2017
Gulf may have slightly firm tone in response to Fed caution
Qatar's central bank has not yet announced its rate decision, but is expected to imitate the Fed because of its currency peg.
12/14/2017
Qatar to deepen venture capital financing for SMEs
Promoting policies to encourage the listing of family-owned companies and introducing market regulations for closely-held private entities
12/13/2017
Mideast, Asian buyers dominate prime Central London property market
The research suggests international buyer appetite for high-end property in the capital is returning after fears about the impact of Brexit coupled with economic problems within their home countries had put off some overseas investors.
12/13/2017
Saudi Arabia to create $8bn export bank
Move comes after analysts see stronger international demand for the kingdom’s products and services
12/13/2017
Saudi Aramco asked banks to pitch for a role in its $2 trillion IPO
Saudi Aramco approaches banks to request pitches to run its IPO in 2018.
12/13/2017
KKR Injects Additional Capital to Support Joulon’s Asset Management Platform
Capital injection enhances Joulon’s acquisition activity
12/13/2017
Qatar launches new investments worth QR4 billion
The Prime Minister had recently issued decisions to support domestic investment and encourage the private sector.
12/13/2017
Qatar Re wins ‘Bond deal of the Year’ award
The Bonds, Loans & Sukuk Middle East award ceremony recognises outstanding achievement and celebrates excellence in the Middle Eastern Debt Capital markets.
12/13/2017
Saudi sovereign fund plans cinema venture with AMC Entertainment
The Saudi government announced on Monday that the first theatres could start showing films as early as March