02/14/2017
UNB profits down 15% amid tighter liquidity
Bank reports Dh1.57b in net profit for 2016
Alternative Investments
02/13/2017
Al Ghurair International Exchange launches IMPS service for Indian customers in UAE
The service means Indians in the UAE can transfer funds instantly and securely to IMPS enabled banks in India, all day, every day, including Sundays and bank holidays in India.
02/13/2017
The Promise of Middle East Sovereign Wealth Funds
But the world in which SWFs invest has changed, and they must change with it.
02/13/2017
EBRD discussing co-investments with Gulf sovereign funds
Several Gulf sovereign funds are among the world's largest, with assets in the hundreds of billions of dollars.
02/10/2017
A right royal play for Aussie fashion stable
It has lobbed a $135 million bid for the owner of clothing chains including Rivers and Katies, according to speculation sweeping the market.
02/10/2017
Bahrain's Investcorp H1 net income falls 30 pct
Profit fell to $35.6 million in the six months to Dec. 31 from $50.9 million in the prior-year period.
02/09/2017
Aramco's Fee Squeeze
Saudi Arabian Oil Co. can really start turning the thumb screws
02/09/2017
Abu Dhabi’s foresight pays off in London as Mayfair squares return to glory
After the 1850s, Hanover Square went into slow decline, the houses converted into lodgings, and then transformed into offices
02/08/2017
Dubai gold prices hit record high
Bullion forecast to strengthen further amid volatility triggered by recent policies of new US administration
02/08/2017
Saudi Aramco hires Moelis for historic $2 trillion flotation
It had to fight off stiff competition as dealmakers from around the world were all drawn to the prospect of working on the historic deal.
02/08/2017
Iran's State-Owned Insurer Launches Bank Bid to End Woes
The state-owned insurer has been trying to establish a bank for a long time.
02/08/2017
Turkey hiring senior bankers to run wealth fund
Potential candidates are already being interviewed.
02/08/2017
London third-biggest residential property market for Middle Eastern wealth
International Property Show 2017 to host buoyant markets that offer lucrative returns.
02/07/2017
Credit insurer Coface expects easing in payment delays in Saudi Arabia
The number of delayed payments in the kingdom fell by 8 percent between the first and second quarters of 2016.
02/07/2017
Last plot of land in Dubai's JBR to get $272m luxury tower
Dubai Properties said 1/JBR project to be completed in Q4 2019, prices start at $1.47m
02/07/2017
South Korea in CPEC
The best opportunities exist for Pakistan’s investment partners.
02/06/2017
Countering financial crimes remains a top priority of UAE market regulators
The financial industry is influenced by new challenges presented by innovation as well as a fast developing regulatory environment
02/06/2017
New trends in luxury tourism emphasize unique experiences
The luxury tourism industry is definitely shifting, from consumers becoming less interested in thread-count, caviar and other material objects, and more interested in experiences.
02/06/2017
Equitativa, Al Hamra and National Bonds launch the UAE’s first Residential REIT
There continues to be significant interest in REITs across the region from both institutional and private investors,” said Sylvain Vieujot, Chairman of Equitativa.
02/06/2017
GFH reports 2016 financial results, makes new investments in emerging markets
This represents a significant increase from losses of $5.52 million reported in 2015 due to provisions.