04/27/2016
Saudi Arabia to overhaul floundering financial district, economic cities
The project to build the King Abdullah Financial District began in 2006; skyscrapers were to house banks and the financial regulator.
Alternative Investments
04/26/2016
Abu Dhabi begins marketing dual-tranche bond offering
Abu Dhabi is rated AA by both Standard & Poor's and Fitch.
04/26/2016
Dubai International Financial Centre Hosts IMF 2016 Regional Economic Outlook for Middle East, North Africa and Pakistan
Dr. Masood Ahmed, Director of IMF's Middle East and Central Asia Department: The economic activity of oil importers in the MENAP region have started to strengthen
04/25/2016
Instinctif Partners Middle East appointed to advise Fisch Asset Management
International business communications consultancy will provide strategic communications support to Fisch Asset Management across the GCC Zurich-based asset management boutique specialises in convertible and corporate bond strategies
04/25/2016
UAE currency exchanges optimistic despite economic worries
India topped the list as the world’s largest recipient of remittances from abroad, with its citizens sending home $69 billion.
04/25/2016
Qatar First Bank’s QSE listing a ‘significant achievement’: Chairman
It marks the next step in Qatar’s efforts to reactivate Qatar’s stock market and encourage the participation of the private sector in all aspects of the Qatari economy and in particular the banking sector.”
04/25/2016
Alkhabeer Capital launches private equity fund targeting Saudi Arabia's emergent education sector
he Fund is a closed-ended investment fund that was launched in Q4 2015 and offered by way of private placement, according to the Investment Fund Regulations.
04/25/2016
DAMAC Properties Leads the Innovation that Allows Individual Investors to Tap into Burgeoning Hospitality Sector
The asset promises to be lucrative with an estimated 10% return on investment annually
04/24/2016
Sloanes Real Estate opens office in Qatar
The company will focus on selling, renting and managing, high-end real estate properties to residents of Qatar as well as offering international investment solutions globally.
04/24/2016
Saudi Arabia set for a 'Yellow Oil' Revolution
The world is witnessing unprecedented competition in the production of solar energy.
04/24/2016
Egyptian Arab Land Bank to reassess asset holdings in period of transition: Deputy Chairman Al-Sharqawi
The bank plans to transfer EGP 5bn in assets to a real estate subsidiary.
04/21/2016
Quantum Global Group Announces Regional Expansion Plans in Africa and the Middle East
As part of the expansion plan, Quantum Global has begun the legal registration process to open a representative office in Dubai.
04/21/2016
Why Saudi Arabia Is Borrowing for the First Time in 10 Years
Governments and companies around the Gulf Arab region are scrambling to raise funds abroad as low oil prices cut flows of new petrodollars into their economies.
04/21/2016
Oman picks banks for first international bond in almost 20 yrs -sources
One notable absentee from the bond arrangers is Gulf International Bank, which was one of three banks - along with Citi and Natixis - to underwrite the loan before it was sold to other lenders.
04/20/2016
Bin Faqeeh real estate investment co. To participate in 2016 gulf property show
Bin Faqeeh unravels details on Waterbay project at the Gulf Property Show
04/20/2016
Yoox Net-a-Porter sells £790m stake to Dubai property magnate
The share sale comes a year after the Italian online fashion retailer Yoox bought its upmarket rival Net-a-Porter in a £1.3bn all-share takeover.
04/19/2016
Abu Dhabi said to be planning bond sale
Abu Dhabi last tapped investors with a bond in April 2009, selling $1.5bn in 10-year securities.
04/19/2016
1Mdb in default, declares Gulf fund
$4.7b bond raised by 1MDB thrown into limbo as KL-Abu Dhabi row escalates
04/19/2016
Dubai Said to Close Sheikh's Buyout Firm That Held $13 Billion
Dubai International is fully owned by Dubai Holding, an investment company backed by ruler Sheikh Mohamed bin Rashid Al Maktoum.
04/18/2016
Ethiopia: Omani Investors Keen to Invest in Ethiopia
OPEX is a holistic group composed of four Oman government bodies in partnership with young business people who focus on introducing Omani products to all parts of the world.