08/10/2016
Turkish Sovereign Wealth Fund expected to be among world top 20
The government has goals to boost Turkey's economic growth by an additional 1.5 percent in the next 10 years with the new fund.
Alternative Investments
08/10/2016
Ominvest Posts Group Net Profit of RO17MN
Ominvest’s banking subsidiary, Oman Arab Bank, posted a decline in profit, to RO11.5mn in the first half of 2016 from RO15.9mn a year earlier.
08/10/2016
Forbes Middle East unveils the most promising startups in Egypt
These startups were inspired by entrepreneurs who have used social media and technology to their full advantage.
08/10/2016
China set to choose yuan clearing bank for UAE by end of year
A clearing bank in the UAE could have a big impact on trade and investment in the Gulf
08/09/2016
Deyaar announces $30.2 million in net profit for first half of 2016
The company will continue to strive to deliver the best in real estate.
08/08/2016
Abu Dhabi and Dubai markets up in early trade
Emerging-market stocks rose to the strongest level in a year last week
08/08/2016
Six GCC firms on BCG’s '100 Global Challengers' list
They have managed to maintain higher gross margins and revenue compound annual growth rate than many emerging markets such as Latin America and Africa, added the report.
08/05/2016
UAE International Investors Council announces its partnership with the second Edition of UAE - India Economic Forum
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
Brexit unlikely to affect Dubai real estate markets
As the most open real estate market in the Middle East, Dubai has always found itself more susceptible to external factors.
08/05/2016
Weak pound creates bargain London property deals for Gulf buyers
That is the biggest annual decline in almost seven years prompted by Brexit uncertainty and tax hikes.
08/04/2016
Draft to launch Turkish sovereign wealth fund sent to parliament
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
State-owned firms plan to raise fund from abroad
This is a diverse pool of fresh liquidity, which helps ease pressure within the domestic financial market.
08/03/2016
Abu Dhabi's Aldar Properties Q2 net profit up 9.7 pct
SICO Bahrain forecast Aldar would make a quarterly profit of 384.1 million dirhams.
08/03/2016
Silver Linings Playbook: Gulfside
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
Turkey Unveils Draft Details of Planned Sovereign Wealth Fund
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
IPOs muted as volatility weighs on investors
Both companies are listed on the Saudi bourse Tadawul, audit and assurance services firm PwC noted yesterday.
08/03/2016
Weak oil and global bourses pull down Gulf; Egypt rises
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
GCC bonds & Sukuk market gets a new life in Q2
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
Govt wakes up to plight of Pakistanis in Saudi Arabia
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
Qatar’s real estate price index witnesses steady decline in Q2
Enquiries with market leaders suggest that there is a lull in the real estate market.