08/01/2016
Emaar Properties records 12% growth in net profit to AED 2.475 billion in first half 2016
Launch of The Tower in Dubai Creek Harbour marks a new milestone in development strategy of Emaar
Alternative Investments
08/01/2016
Saudi banks’ first half results point to increasing pressure on profitability
The first half profits of the listed Saudi banks marginally rose by 0.75 per cent to SR23.3 billion, compared to SR23.1 billion in the same period last year.
08/01/2016
Jordan's Housing Bank H1 net profit up 8 pct
The bank's main shareholder is Qatar National Bank, with a stake of over 35 percent.
08/01/2016
Now Is A Good Time To Invest In Dubai Property
“These include the continued diversification and open nature of the Dubai economy."
07/29/2016
Mubadala to acquire 20% take in Investcorp
Mubadala's investment strengthens Investcorp's shareholder base
07/29/2016
Malaysian Bank Cimb In Sales Alliance With Dubai Fund
The alliance will involve "multiple levels of collaboration," including cross-marketing and distributing each other's products and services
07/29/2016
CIMB Group partners with Fajr Capital
CIMB group chief executive Tengku Datuk Seri Zafrul Aziz said CIMB remained committed to the Middle East.
07/27/2016
Sukuk issuances to match or beat last year’s $32bn, says Fitch
The UK’s vote to leave the European Union has also reinforced the pressure on interest rates.
07/27/2016
Second half of 2016 bodes well for well-diversified investments
This should also to a certain extent, benefit EM stocks.
07/27/2016
Qatar’s British expats look to Al Rayan Bank for home finance products
Al Rayan, the UK subsidiary of Masraf Al Rayan, began to actively target the expat market in 2013.
07/27/2016
Phase 1 of Damac's Akoya Imagine villas sold out
The sales event for phase 2 will be held for only one day at Jumeirah Emirates Towers in Dubai on July 30 from 2pm till 10pm on a first-come-first-served basis.
07/27/2016
BAB holds forum on financing mega projects
He explained that such policy was the result of the decline in oil prices and the subsequent rationalisation of government spending.
07/27/2016
Gulf markets slip as Saudi hit by poor Q2 earnings
The firm posted a quarterly net profit of 104mn riyals, beating analysts’ forecasts for a net loss of 1.2mn riyals and ending a run of five straight losses, although sales fell.
07/26/2016
UAE Rebounds, Bank weigh on Saudi
Sahara also said profit jumped because some of its plants experienced scheduled shut-downs in the year-earlier period.
07/26/2016
Economic downturn bites businesses in Dubai
Abandoned cars at the airport show impact of slump in crude oil prices on the Gulf state
07/26/2016
ADX and ADGM to boost financial services in Abu Dhabi
ADX and ADGM will jointly explore and develop financial products and services that will further boost the economic growth and investment sector of Abu Dhabi.
07/26/2016
19% increase in industrial investments compared to last year
This year 1,304 approvals for investment projects were granted in comparison to 1,099 approvals in 2015
07/26/2016
Remittances from Qatar up in 2016 first half
The most number of transactions during this period came from India.
07/25/2016
How GCC companies can avoid growth traps
There are three ways to build capabilities in-house, by acquisition or through partnerships.
07/25/2016
ADIB: Dubai real estate values remain stable with robust demand for quality developments
Residential sales prices in Dubai remained stable during the second quarter of 2016