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Alternative Investments

11/20/2023

Dubai penthouse sold for $136mln

Here's what makes it the most expensive residential property ever

11/20/2023

Veteran investor Mark Mobius to start new venture in Dubai – Bloomberg

New venture is still in the ‘negotiating stage’

11/16/2023

Value of UAE, Saudi sustainable-linked bonds issuances hit $16.1bln in 9M 2023

Green bonds are expected to continue driving regional issuance over the next 3 to 5 years

11/16/2023

Saudi welcomes first hybrid and EV maintenance network with Petromin EV auto care

This pioneering initiative, in line with the Kingdom's 2030 goals, marked a significant step toward sustainable transportation solutions

11/15/2023

Dubai Investments reports net profit of AED 817.02mln for the nine-month period ended September 30, 2023

Total Income for the period was AED 3.00 billion

11/14/2023

Dubai property prices could slightly reverse in 12-18 months: S&P

Stronger cash generation bolsters liquidity and credit metrics of Dubai developers

11/10/2023

Emaar nine-month net profit sees 43% hike bolstered by property sales

Emaar Development’s net profit for the first nine months of the year touched Dhs4.1bn ($1.1bn)

11/10/2023

Oman's public revenues reach OMR8.8 billion by 3Q 2023

Current revenue by the end of the 3rd quarter of 2023 slightly increased

11/09/2023

IHC’s quarterly revenue reaches Dhs14.2bn

The group’s assets edged up by 3.3 per cent to reach Dhs235.6bn, compared to Dhs228bn a year earlier

11/08/2023

Saudi Arabia dominates MENA IPO activity in Q3, raises $330mln from 5 listings: EY

The IPO pipeline for Q4 2023 and into 2024 remains 'promising'

11/08/2023

Abu Dhabi publishing firm completes Dhs623m SPAC merger with ADC

The SPAC raised Dhs1.1bn of growth capital, including Dhs734m from the previously announced PIPE transaction

11/08/2023

Dubai Investments raises stake in UK digital bank Monument to 16.93%

Its holding in Monument rises to 16.93% as DI doubles down in financial services space

11/07/2023

It is time these UAE property owners with mortgages should be thinking 're-finance'

Property owners nearing end of their fixed-term rates should think of switching

11/06/2023

Abu Dhabi off-plan sales hits new high in Q3

Villa rentals outpaced apartments in terms of growth

11/03/2023

QSE current performance provides opportunity for new positions at low prices

He also expected an increase in the rate of transactions in the fourth quarter of this year

11/01/2023

Boursa Kuwait Records Decline with Banking Sector in Focus

The week and only two sessions before the monthly closings.

10/31/2023

Gold demand trends: Support for gold continues as central banks maintain historic buying in Q3

The World Gold Council’s Q3 Gold Demand Trends report reveals

10/30/2023

PIF announces initiatives to support Saudi Arabia’s asset management industry at FII7

PIF makes two major announcements to support Saudi Arabia’s asset management industry at its inaugural Asset Management Forum at FII7

10/30/2023

Bank Muscat successfully manages OQ Gas Networks IPO

The unprecedented investor interest in this IPO further strengthens our strong track record in the investment banking business.

10/26/2023

UK’s Gemcorp to launch $1bln investment fund for Saudi Arabia

Saudi fund to offer investors direct investment opportunities in the kingdom

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