11/02/2022
Dubai office rents likely to rise in ‘double digits’ over next 12 months
Demand is outpacing supply significantly, says JLL head of research
Alternative Investments
11/02/2022
e& reports consolidated net profit of $680mln for Q3 2022, up 1.9%
At constant exchange rates, revenue increased by 5.5%
11/02/2022
Bahrain attracts $72.7m worth of investment in financial services
The financial services investments are expected to generate over 840 jobs over the next three years
11/02/2022
Saudi Aramco makes second highest profit on surging oil prices
Aramco’s net income was $41.6bn in the third quarter, slightly above analysts’ expectations
11/01/2022
Dubai records over $1.04bln in realty transactions on Monday
The sales included 551 villas and apartments
11/01/2022
At $1,650 levels, gold is getting back consumer attention as safe haven
July-to-September turns out to be best quarter in 5 years - Q4-22 could be just as good
10/31/2022
Korea to expand trade, investment footprint in Qatar: Kotra Chief
The Korea Medical Centre (KMC), a specialized and technologically advanced medical center and the only facility to be in the GCC is scheduled to open doors in Qatar next year.
10/31/2022
M7 opens Dubai office
“Since founding M7 in 2009, we have always placed great importance on having a local presence and Dubai, as a world-leading financial centre and a primary gateway to accessing Middle Eastern capital, has always been a target market for us,”
10/31/2022
Waha Capital more than triples Q3 profit despite global macroeconomic headwinds
Abu Dhabi-listed company is 'well equipped' to navigate continuing economic volatility, chairman says
10/28/2022
Abu Dhabi’s Biggest Wealth Fund Is Pushing Deeper into the U.S., Real Estate
The emirate’s biggest sovereign wealth fund has raised its target allocation range for North America to between 45 percent and 60 percent
10/28/2022
Investcorp and Fung Capital set up new $500m fund to invest in mid-cap companies in China
Fund will engage in privately-negotiated equity or equity-linked investments in growing and profitable companies
10/27/2022
Saudi Aramco sets up $1.5bln sustainability fund
Fund to invest in technologies that are in line with net-zero ambitions
10/27/2022
Abu Dhabi's Aldar Properties' nine-month sales of Dh9.3b is already Dh2b over full-year 2021
Series of offplan launches and asset acquisitions drive Abu Dhabi developer's numbers
10/27/2022
Drop in UAE gold prices and Diwali led to the best gold sales weekend in 2022
Gold price dropped to year’s low at right time - and UAE residents, tourists were ready
10/26/2022
DMCC and Panama’s Logis sign MoU to facilitate collaboration between the two free zones
The MOU will see DMCC and Logis work together to exchange knowledge and expertise to support the continued development of thriving commodities marketplaces in both free zones.
10/26/2022
National Bonds launches nation-wide financial literacy program targeted towards youth
National Bonds seeks to build foundational financial literacy amongst over 300,000 high school and university students currently in the UAE
10/25/2022
Al Mal Capital scoops the award for the Best Regional Asset Management Firm for HNWI’s
As the region continues its various economic diversification programs there will continue to be significant growth in the number of HNWI’s residing in the region and we would focus on capitalising these opportunities
10/25/2022
Saudi PIF launches Regional Voluntary Carbon Market Co. with $133m capital
Plan for VCM was announced last year by Crown Prince Mohammed bin Salman
10/25/2022
European investor M7 opens first Middle East office in Dubai
The company currently manages around €1bn of European real estate on behalf of Middle Eastern investors
10/25/2022
Bahrain insurance sector has shown steady results for the six months ended 30 June 2022
Gross premiums written registered BD 146.86 million