08/26/2016
Moody’s upgrades Masraf Al Rayan’s issuer ratings
The outlook on the long-term ratings has changed to stable from positive.
Alternative Investments
08/26/2016
Sale of former Burlington to German bank secures its future as a landmark hotel
The future of the former Burlington Hotel in Dublin 4 as a four-star hotel and conference venue is set to be secured following the entry of German asset manager DekaBank into exclusive talks with its owners, the US private equity giant, Blackstone.
08/25/2016
Qatar's financial position 'will remain strong over next decade'
Similar to other hydrocarbon-exporting countries, Qatar's sovereign outlook deteriorated on the back of the slump in global oil prices that began in the summer of 2014.
08/25/2016
Qatar fund buys 9.9% stake in Empire State Building owner
Qatar Investment Authority bought a near 10% interest in Empire State Realty Trust as it boosts investments in N. America and the Asia Pacific region
08/24/2016
Bedaya holds workshop on ‘financial statements’
This was done by using templates that helped in forecasting sales figures and managing monthly as well as annual profit and loss expectations.
08/24/2016
Qatar fund buys stake in Empire State Building
While Empire State Realty Trust owns properties in Manhattan, Westchester County and Connecticut, the Empire State Building is its most valuable building
08/24/2016
UAE India Economic Forum focus to step up ties
According to a recent report on economic and trade relations between the UAE and India, India is considered to be the UAE’s primary trade partner
08/24/2016
Business Outlook: Saudi Market and Investors
The public’s confidence in the market is yet to be restored.
08/23/2016
Piramal invests Rs150 crore in Smaaash Entertainment
Smaaash, which has five gaming arcades, will use the funds to enter new markets in India and abroad
08/23/2016
Dubai index extends losses as investors take money off table
Out of a total of 33 stocks traded on the exchange, the shares of 21 companies fell, while those of six others rose.
08/23/2016
New Dubai theme park eyes 4.5m visitors in first year
IMG Worlds of Adventure, which opens on August 31, aims to be a major draw for tourists from countries that don’t have large-scale theme parks
08/23/2016
KSE stocks edge lower amid selling pressure
Stocks of the transport, financial services and insurance’s sectors were in the green zone, amid selective trades on shares of the other sectors.
08/23/2016
UAE offers $1 billion financial deposit to Egypt
As well as recognition of Egypt's central role in the region, according to UAE News Agency.
08/23/2016
Damac signs £200m deal with Lendlease to build Versace-designed Aykon London One residential tower
Move indicates confidence in the economy post Brexit
08/22/2016
Arabian Gulf markets remain quiet amid oil’s return to $50 mark
Saudi shares started the day positively, but the Tadawul index eventually gave up gains to end 0.2 per cent lower.
08/22/2016
ETF take-up rockets as fund managers favour low-cost liquidity
Investment managers have increased their use of exchange-traded funds to get into hard-to-reach markets or replace complex derivatives.
08/22/2016
ACWA Power increases credit facility to $159.9m
The facility used a Sharia compliant murabaha structure, the statement said.
08/22/2016
Investors’ choice widens with Nasdaq Dubai’s futures contract
This would widen the choice for investors who just depend on cash market as of now.
08/22/2016
Saudi Arabia is ‘1st foreign venue’ for Made in Qatar
The focus of the exhibition, he said, will be on Qatari-made goods, particularly up-and-coming products that can be introduced to new markets.
08/22/2016
Nakheel Repays $1.2 Billion Bond, Ending Dubai Debt Saga
The securities, which have a profit rate of 10 percent, were issued to contractors and suppliers in 2011 as part of a plan to reorganize more than $16 billion of liabilities.