08/05/2016
It aims to join investment efforts of UAE companies investing abroad under one umbrella to form an investment power to strengthen foreign investment relations and support a sustainable economic development.
08/05/2016
As the most open real estate market in the Middle East, Dubai has always found itself more susceptible to external factors.
08/05/2016
That is the biggest annual decline in almost seven years prompted by Brexit uncertainty and tax hikes.
08/04/2016
In the initial stage, a specific percentage of public funds and revenue will be allocated to create the main basis of the newly planned wealth management fund.
08/04/2016
This is a diverse pool of fresh liquidity, which helps ease pressure within the domestic financial market.
08/03/2016
SICO Bahrain forecast Aldar would make a quarterly profit of 384.1 million dirhams.
08/03/2016
The full economic effect will become clear only after a few months, as the U.K. economy is expected to slows and the twin trade and budget deficits grow.
08/03/2016
That company would create another entity, Turkiye Varlik Fonu, or Turkey Wealth Fund TVF, and other funds as it sees necessary, according to the draft.
08/03/2016
Both companies are listed on the Saudi bourse Tadawul, audit and assurance services firm PwC noted yesterday.
08/03/2016
The Saudi index sank 1.2% as petrochemical giant Saudi Basic Industries fell 1.5% and Saudi British Bank lost 2.7%.
08/03/2016
Bank Al-Jazirasuccessfully issued a US$533 million 10 year Sukuk, with an option for the lender to redeem the Sukuk after five years.
08/03/2016
Most of these workers are in a fix since they do not have enough money to travel home, nor can they legally stay in Saudi Arabia because of which most are confined to company-owned camps in different parts of the kingdom.
08/02/2016
Enquiries with market leaders suggest that there is a lull in the real estate market.
08/02/2016
The IMF revealed, however, that non-performing loans in the construction and real estate development industries saw a significant decrease from 12.3 percent of the total in 2013 to just 7.5 percent in March 2016.
08/02/2016
The sovereign wealth fund says it has a “significant” minority stake, but did not elaborate further.
08/01/2016
These two recognitions make it eight awards in total for the Saudi based financial services company in 2016.
08/01/2016
Aramex said last week that it recorded a 24 per cent growth in net profit for the first half of this year to Dh222.5 million.
08/01/2016
The latest Indosuez Wealth Management research report, ‘Macro Comment – MENA Update’, noted that the demography of the GCC region would play a crucial role in the economic growth and future of the region.
08/01/2016
Launch of The Tower in Dubai Creek Harbour marks a new milestone in development strategy of Emaar
08/01/2016
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.