07/18/2022
Egyptian real estate group MNHD urges SODIC to revise takeover offer
MNHD's board said it was prepared to restart work to conclude a deal if SODIC put forward an offer matching its fair value
Alternative Investments
07/18/2022
Kuwait Zain's Q2 net profit rises 22% to $165mln; beats estimate
Declares H1 dividend of 10 fils per share
07/14/2022
Dubai real-estate sales strong in Q2 2022, US Fed rate increases may hamper mortgage growth
Most loan takers opted for a fixed-rate structure to prevent future anticipated rate hikes that may be imposed to curb rising global inflation
07/14/2022
Bahrain national product exports jump 43% to $3.59bln in Q2
The top 10 countries in terms of the value of exports of national origin purchased from Bahrain accounted for 71% of the total value
07/13/2022
Gulf investment in UK real estate set to increase, predicts BLME
British institutions such as the Premier League and the Royal Family weigh heavily on investment decisions, along with its leading educational establishments and internationally spoken language
07/13/2022
Swiss banks expanding operations in Qatar: Envoy
The envoy said that a number of high level visitors have been seen, and Credit Suisse Group has increased its staff compared to UBS Group, in an effort to boost its footprint in Qatar.
07/13/2022
QFC highlights Qatar's 'vast' investment prospects at Berlin and Munich
The roundtables also featured eminent speakers from leading companies operating in Qatar who discussed their rewarding experiences in the Gulf State and working with the QFC.
07/12/2022
Al-Futtaim Group Real Estate announces partnership with TIER Mobility
To Introduce Sustainable Micro-Mobility in Dubai Festival City
07/11/2022
Saudi industrial production index up 24% in May
The IPI continued to show positive growth rates due to the high production in the three sub-sectors mining and quarrying, manufacturing, and electricity and gas supplies
07/11/2022
As Dubai Gold Rate remains under Dh200/g, UAE shoppers keep buying
Most shoppers have already bought or booked rather than await another price drop
07/11/2022
IMF says it held productive talks on new programme for Egypt
Analysts say that because Egypt has exceeded its normal IMF borrowing quota, it would likely face exceptional access criteria, making it subject to a greater level of scrutiny.
07/11/2022
UAE, Brazil poised to see surge in trade and investments
About 1,030 Brazilian companies that became part of the Brazilian pavilion at the Expo and secured business deals of $648mln during the event are expecting additional deals worth $3.4bln in the next 12 months
07/08/2022
Middle East governments must innovate to unlock green investment in region, study advises
‘The MENA region has an opportunity to capitalize on its resources, create jobs and tackle climate change, but this will require much greater investment from the private sector,’ said Beyer.
07/08/2022
In Dubai property, offplan prices are rising much faster than ready homes - what should buyers do?
First developers start offering 'free' Golden Visas as part of Dh2m property deals
07/07/2022
Zain Group boss is top Kuwait-based CEO on Forbes Middle East list of top executives
The magazine ranked Bader Nasser Al-Kharafi in 35th place on its list of the top 100 CEOs in the region
07/07/2022
Kuwait Lender KFH to acquire Bahrain's Ahli United for $12bn
Through the merger, the Gulf will have its seventh-largest lender worth $115 billion, a rare cross-border acquisition.
07/07/2022
Bank loans to Saudi construction, building sector touches $27bln in Q1
Q1 credit grew 3.9 percent year-on-year
07/06/2022
Dubai Land Department announces strategic collaboration with Emirates NBD to boost UAE real estate
Automation of rental cheque payment through UAEDDS to enable rent payments through bank accounts and credit cards
07/06/2022
CFA Society Bahrain & SICO launch Women in Investment Programme
Through the CFA Society mentorship programme, Qodwa, the participants will receive ongoing executive mentoring to support their progression
07/06/2022
Arab Fund for Economic and Social Development Names Northern Trust Its Asset Servicing Provider
Projects financed by AFESD include infrastructures in electricity, communications and transportations.