06/02/2016
Uber attracts $3.5bn from Saudi Public Investment Fund
Uber will invest $250m in the Middle East, where it has been expanding aggressively.
Alternative Investments
06/01/2016
Qatar Airways wins gold at MENA Digital Awards
With a multitude of options available on qatarairways.com customers can plan their travel by comparing multiple destination prices and connectivity times at a glance before making a booking.
05/31/2016
DFM launches new direct deals service
Disclosure and transparency rules in effect must be observed when conducting such deals.
05/31/2016
Funding crunch leaves GCC projects in the lurch
Shrinking banking sector liquidity and rising funding costs are expected to increase cost of bank funding for projects across the GCC.
05/31/2016
Qatari bank completes key UK residential project
The building benefits from southerly views and access to a private garden square, very rare in central London.
05/31/2016
Qatar Investment Authority taking steps to restructure assets
The QIA fund has more than $250 billion in assets.
05/31/2016
Mideast funds more cautious on equities, bonds
Trading volumes may not pick up for many weeks because of the approach of the holy month of Ramadan and summer holidays.
05/31/2016
Doha Bank CEO honoured with ‘Green Economy Visionary Award’
During the event, Seetharaman said “green banking” promotes environmental-friendly practices and reduces carbon footprint of banking activities.
05/30/2016
Noor Bank successfully issues US$500 million Tier 1 capital Sukuk
The strong investor demand we saw during this exercise was a testament of our brand recognition in the international capital markets
05/29/2016
Qatar National Bank says closes syndication of 2.25 bln euro 3-yr loan
The loan's annual interest rate is EURIBOR plus 1.05 percent.
05/27/2016
Qatar raises US$9b in Middle East’s biggest bond sale
The amount is almost double the US$5 billion that bankers close to the deal said Qatar was targeting.
05/26/2016
Monaco’s First Gold Refinery Set to Target Luxury Brands
“Major luxury groups” are lined up to buy, mainly in Europe and the U.S.
05/25/2016
Gulf bond sales return, and this time it’s none of your business
GCC bond sales climbed 32% to a total $15.9bn this year, according to data compiled by Bloomberg.
05/25/2016
GCC boards need to focus more on diversity
"Effective boards are essential for the sustainability of economies and prosperity of societies.
05/25/2016
India cross border investments set to surge
Relations between the UAE and India have now grown beyond trade.
05/24/2016
1MDB Bond Fates Diverge as Abu Dhabi Vow Trumps Najib Support
The contrast reflects growing investor concern about the Malaysian government backing as Najib grapples with an economy forecast to expand at the slowest pace in seven years amid a collapse in oil prices.
05/24/2016
Banque Du Caire delays launch of new fund by three months
The fund is balanced, set to invest in stocks, bonds, and fixed-income instruments.
05/23/2016
Ministry of Finance strengthens trust in e-Dirham security features
A downloadable mobile application enables the e-Dirham card holder to set up an e-wallet.
05/23/2016
Abu Dhabi-based fund manager launches first ever GCC equities strategy for international investors
This will be a significant global event, with up to $100bn of stock coming to market, increasing the depth and profile of the domestic market and making it home to the biggest company in the world.
05/23/2016
UAE delegation to KazanSummit showcases investment strengths
Al Saleh highlighted the importance of the economic ties between the UAE and Russia