10/24/2016
Beltone Financial says still has chance to seal CI Capital deal
But the deal failed to secure approval from the Egyptian Financial Supervisory Authority.
Alternative Investments
10/24/2016
Hospitality leaders shape AHIC 2017 agenda
In a poll, members described business this year as challenging and difficult with their outlook for 2017 continuing to be challenging.
10/24/2016
Deyaar declares Dh168 million net profit
Deyaar Development said property revenues in projects remained robust
10/24/2016
Citigate holds roadshow in KSA on new investment opportunities
Citigate’s vision is to help boost mineral export volumes between Africa, GCC and Asia by tapping into Africa’s vast natural resources.
10/24/2016
Kuwait: Kamco buys GE office tower in US
The acquisition was yet another landmark in Kamco’s expansion plan
10/24/2016
Dubai-based Adeptio committed to takeover offer for Kuwait Food Co shares
The consortium was obliged to launch a mandatory offer to buy Americana’s remaining shares under Kuwaiti securities rules.
10/24/2016
Gulf Firms with Saudi outperforming on continued Optimism
The company attributed the rise to higher revenues from property sales and lower operating expenses, such as payroll and consultancy fees.
10/24/2016
QSE opens week on a flat note; index down for third session
Trade turnover and volumes were on the decline in the market, where Islamic stocks declined relatively slower than the conventional ones.
10/24/2016
Saudi record bond sale hands investors profit of $209mn
The 10-year bonds were at 99.70 cents versus 98.679, the 30-year securities at 99.50 cents from 98.015, according to data compiled by Bloomberg.
10/21/2016
Riyadh's Record-Setting $17.5B Bond Issue Sets The Scene For Even More Middle East Debt Issuance
Saudi Arabia somewhere in the middle of the regional market yields on 10-year bonds from Qatar and Oman stand at 3.07% and 4.76% respectively.
10/21/2016
Forgotten fees: the challenge of investing in Dubai property
Investors attracted to low service charges at some Dubai residential towers are now facing huge bills to replace ill-maintained assets, or risk potentially dangerous hazards for tenants
10/20/2016
Investors still upping real estate allocation, but more defensively — survey
The 2016 Allocations Monitor focuses on the role of real estate in institutional portfolios, and the impact of institutional allocation trends on the investment management industry.
10/20/2016
Ahli United Bank $200 million Perpetual Additional Tier 1 Sukuk oversub scribed
State of Kuwait enjoys the necessary components to attract international investors to enter the Kuwait market
10/20/2016
Qatar Said to Weigh Joining $100 Billion SoftBank Tech Fund
The Qatar Investment Authority sovereign wealth fund is considering an investment of billions of dollars, which will help diversify its economy away from oil.
10/19/2016
Egypt turning towards to China for investment
Europe, traditionally one of Egypt’s biggest investors, still lies in the shadow of the global financial crisis.
10/19/2016
3 reasons the emerging market rally is not over yet
First, emerging markets' macro recovery appears to be gaining strength. This time the boost to growth is not just com¬ing from stimulus in China.
10/19/2016
Saudi woos bond investors but mum on oil
When it came to an oil price increasingly influenced by Iran and the proxy war in Yemen they were less forthcoming
10/19/2016
Samba Financial Group latest Saudi bank to report drop in profit as bad loans weigh
Saudi banks have suffered poor Q3 earnings season
10/19/2016
Saudi Arabia Plans Debut Bond Sale to Shore Up Finances
Bankers expect multi-tranche dollar-bond offer to be worth at least $10 billion in total
10/18/2016
Saudi Shares Hit By Q3 Earnings, Most Of Region Weak
The Saudi index slipped 1.2 percent and most heavily traded stock dropped 2.9 percent