03/15/2015
Bahrain's GFH proposes capital cut, no dividend for 2014
The stock tumbled its daily 10 percent limit in Dubai and was down 10.6 percent in Kuwait.
Alternative Investments
03/15/2015
Saudi Arabia, Kuwait, UAE pledge USD 12bn at EEDC
Saudi Arabia said it would deposit USD one billion in the Central Bank of Egypt
03/15/2015
Khalaf Ahmad Al Habtoor Discusses Egypt Investments with the National Bank of Egypt
Al Habtoor recently announced that he is considering large-scale investments in Egypt, similar to the Al Habtoor City mega-development currently under construction in Dubai. He said he is also looking at potential tie-ups in the auto industry.
03/15/2015
Lloyds to tap ultra-low insurance penetration in Gulf
Reinsurer plans to boost growth by getting more managing agents on its platform
03/13/2015
World's oldest insurer launches operations in Dubai
Lloyd's of London wants to encourage more foreign investment to bring in business, its chief executive told Reuters on Wednesday, as the insurance market undergoes rapid consolidation.
03/13/2015
Will Economic Summit attract foreign investment in communication and IT sector?
The summit is being held in difficult security and economic circumstances.
03/13/2015
Yuan settlement gains popularity in Gulf region
China's yuan, once an almost unknown currency in the daily economic life in the Gulf Arab region, is enjoying rising acceptance across the area.
03/12/2015
RAK FTZ seeks investments from Australia
A high-level delegation of the Ras Al Khaimah Free Trade Zone this week promoted its facilities in Australia, seeking to draw investment into the UAE free zone.
03/12/2015
Emirates hires banks to arrange UK-guaranteed sukuk
The deal assumes significance as this is the first time the export credit agency has guaranteed a sukuk, as Islamic bonds are known.
03/11/2015
Dubai's commercial real estate market continues to attract investors
The increase in prime office supply at more competitive rental prices is helping to attract more inward investment to Dubai with more foreign companies interested in establishing a physical presence in the emirate
03/11/2015
DIFC Welcomes Lloyd's of London
Lloyd's, the global centre for specialist insurance and reinsurance, today announced the inauguration of its operations in the Dubai International Financial Centre
03/11/2015
UK property market continues to see interest from Middle East
Middle Eastern interest in the UK property market continues to remain high, despite the recent plunge in oil prices.
03/10/2015
One of Egypt's largest property developers acquires land on Mediterranean North Coast
The announcement came weeks after the company said it planned 2.3 billion Egyptian pounds in new investments in 2015.
03/10/2015
DGCX Records 3% year-to-date growth
Volumes in Equities rose 22% year-on-year and 10% month-on-month Indian Rupee Options recorded all time high volumes and value with 7,200 contracts
03/10/2015
Mubasher Awarded ‘Best Regional Equities Trading Service’
We continue to provide premier brokerage services for GCC, MENA and key frontier and emerging markets
03/10/2015
Sheikh Zayed Housing Programme And EDB Sign Agreement To Provide Banking And Financial Services
By focusing on creating a family-focused environment, the outcome will be a strong and stable society for all citizens.
03/10/2015
Sharjah to attract investors from Portugal
Al Mazrouei expressed his appreciation to Sheikha Najla Al Qassimi for her support and thanked Shurooq for their participation.
03/10/2015
Crowdfunding can be a 'catapult for innovation' in the Middle East
Rafat Abushaban, a business development specialist from Gaza, was first introduced to crowdfunding in 2011 when someone told him to check out a website called Kickstarter.
03/09/2015
UAE Exchange offers instant India bank transfers
Global remittance provider UAE Exchange has tied up with YES Bank, India's 4th largest Private Sector Bank, for real time money transfers to any bank in India
03/09/2015
Qatar-South Korea to become strong trade and investment partners
President Park of South Korea tour of the Middle East ended in Qatar where he met with Emir Sheikh al-Thani and most of their discussions focused on trade and investment.