07/14/2016
Kuwait open to coordinating with Saudi Arabia on competing bonds
The plunge in crude is driving bond sales across the six-nation Gulf block as governments seek to plug budget deficits
Alternative Investments
07/13/2016
Back to business: Iran, a new emerging market
The critical question is how the overall market has changed since those sanctions were imposed.
07/13/2016
Gulf bourses end higher on oil prices; Egypt stocks down on profit-taking
Saudi Arabia’s index advanced for a third day since it resumed trading after the Eid al-Fitr holiday.
07/13/2016
Al Tamimi advises DFM on three rights issues
This is the first new issue of shares in the UAE to have such an underwriting arrangement.
07/13/2016
Finansbank acquisition helps lift quarterly profits at Qatar National Bank
For the first six months of 2016, the bank's net profit rose 12 percent from a year earlier to 6.2 billion riyals
07/13/2016
The world’s 10 biggest sovereign wealth funds
A drop in oil prices this year suggests that oil-funded SWFs are under pressure
07/12/2016
Societe Generale awarded Best Islamic Finance Deal of the Year accolade for Jazan Air Separation for Jazan Air Separation Unit financing
Societe Generale has been active in the Middle East since 1997
07/12/2016
Dubai, Abu Dhabi house prices ‘down 4-6%’
Apartment and villa prices lower in the second quarter compared to same time last year – report
07/12/2016
Deposit decline begins to hurt Saudi banking sector liquidity
Funding costs seen rising as loans to deposits ratio rises
07/12/2016
Dubai’s Residential Real Estate Market: Risks And Rewards
Recent declines in residential sales prices are, in some instances, leading to deferred investment activity as investors hold out for anticipated lower prices.
07/11/2016
DFM wins Global Finance's "Best Stock Exchange for Shariah-Compliant Listings" Award
His Excellency Essa Kazim: "This recognition underlines DFM's position as the first Shariah compliant exchange and Dubai's successes as the Capital of Islamic Economy globally"
07/08/2016
Six UAE and global business stories to keep an eye on this year
Whether the Federal Reserve pulls the trigger or not hinges on how the global economy is performing.
07/08/2016
Sahara to sell 3 overseas hotels to Qatar Investment for $1.6 billion
The 3 hotels include Grosvenor House, New York Plaza and Dream Downtown in New York.
07/08/2016
ICC Qatar holds banking workshop in Doha
Representatives from bank, export and important companies, law firms, investment houses, ministries and the Qatar Stock Exchange attended the event.
07/08/2016
Persian Gulf’s Huge New Export: Debt
The energy-producing states of the Persian Gulf are issuing bonds at the fastest clip ever, showing how the oil bust is reshaping the region’s finances despite a near doubling of crude prices this year.
07/08/2016
Emirates National Oil Company secures $230 million loan from Chinese bank
The loan was secured at the bank’s branch at the Dubai International Financial Center in the UAE.
07/06/2016
UAE, Russia, Egypt agree details of $500m investment fund
The initial financing will be used to start construction of a two million square metre Russian industrial zone at Egypt’s Port Said, local media said.
07/06/2016
Qatari banks' rising foreign liabilities not an 'immediate concern', says EIU
The sector's heavy exposure to the cyclical real-estate and financial services sectors poses a risk if property or other asset prices slump, EIU said.
07/05/2016
Qatar's Barwa Real Estate Q2 net profit nearly trebles
Barwa made a net profit of 1.20 billion riyals in the first half of 2016
07/05/2016
UAE group Al Jaber to raise $1.6bn from asset sale
Al Jaber will now need to get an additional Dh3.9 billion ($1.06 billion) after already raising Dh1.3 billion ($353 million) from previous sales, it said in its presentation to creditors last week, according to the people.