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Alternative Investments

08/04/2023

Metropolitan Group ranks sixth on the Best Workplaces in the Middle East list

Company’s outstanding corporate culture is recognised in the Medium category

08/03/2023

Dubai's Deyaar Q2 net profit surges on new handovers

The developer posted a 52% rise in revenue for the quarter

08/03/2023

UAE: Gold prices slip in Dubai, reaching nearly 3-week low

As the market opens on Thursday, the price of 24K gold is Dh234.25 per gram

08/03/2023

Gulf International Bank honoured for best API banking initiative by Global Finance Innovators Awards 2023

Developed by the GIB Wholesale Banking Group’s Global Transaction Banking team

08/03/2023

ADSS appoints Mahmoud Alkudsi as Senior Market Analyst

He combines expert knowledge of technical & fundamental analysis principles with acute insights into how market prices are affected by external factors

08/02/2023

UAE GDP records 3.8% growth in three months

The UAE’s GDP now stands at AED418.3 billion compared to the same period last year

08/02/2023

Saudi Arabia’s real estate price index rises 0.8% in Q2: GASTAT

Given the heavy weight of the residential sector prices, it had a significant impact on the increase in this general index,” said GASTAT in the report.

08/02/2023

Al-Falih highlights Saudi investment interest in Brazil

This was the guidance we received from our leadership with this historic mission that we’re carrying out.

08/01/2023

Aldar's Q2 2023 net profit rises 52%

Driven by record development sales and strong contributions from its recurring income portfolio

08/01/2023

Dubai Chamber of Commerce marks significant step in strengthening bilateral trade and investments with launch of Serbian Business Council

The total value of non-oil bilateral trade between Dubai and Serbia reached US$ 73.4 million in 2022

08/01/2023

Saudi Arabia’s Social Development Bank wins major award

These initiatives encompassed over 518 development and training programs, along with conducting more than 39,000 consultation sessions, achieving a satisfaction rate exceeding 90 percent.

07/31/2023

UAE's property market growth to continue this year, ADIB executive says

Booming real estate sector has not 'reached the peak yet' and will further drive the bank's home-financing business this year

07/31/2023

Aldar expands its education portfolio across Abu Dhabi, Dubai, and Bahrain

Aldar invests a further AED 350 million in Aldar Education to acquire Kent College Dubai and Virginia International Private School Abu Dhabi

07/31/2023

Sharjah registers real estate transactions worth Dhs549.4m in H1 2023

In Kalba, 98 sales transactions were recorded in 21 regions, totalling Dhs54.1m

07/31/2023

Ooredoo Group first half revenue up 3% to QR11.4bn

These strong growth figures reflect the Group’s continued focus on profitability and the effective management of its operations.

07/28/2023

Saudi Arabia’s PIF to expand investment in Oman

The fund has signed an agreement with Oman Investment Authority aiming to invest in a wide range of asset classes and target industries

07/28/2023

Foreign investment in Arab countries hits $200bn, UAE leads way with 57%

Arab countries saw over 1,600 projects boosted by foreign investment last year

07/28/2023

DFM reports 77% upsurge in net profit during the first half of 2023 to AED 112.2 mln

DFM attracted 25,699 new investors in the first half of 2023, 74% of which were foreign investors

07/27/2023

Nasdaq Dubai welcomes the listing of $600mln Sukuk by Dar Al-Arkan

This issuance by Dar Al-Arkan will be under the USD 2.5 billion Trust Certificate Issuance Programme and is scheduled to mature in 2029

07/25/2023

Value of MENA debt issuances more than double to $45.9bln in H2 2023

Saudi Arabia was the most active issuer nation during the period

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