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
Alternative Investments
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
07/25/2023
Abu Dhabi's Multiply Group sees Q2 2023 profit rise to $98.5mln
Group said it was seeing “value accretive acquisition opportunities” globally
07/25/2023
DEWA bolsters commitment to green mobility by joining CharIN
The membership allows DEWA to actively participate in establishing industry standards for electric vehicle charging systems