03/10/2022
Dubal Holding reports profit of $735mln for 2021
The company, an investment arm of Dubai Government, said it is planning acquisitions in the global aluminium market
Alternative Investments
03/09/2022
Sotheby's International Realty brand opens first office in Kuwait
A New Concept In Real Estate Investment For Family Offices and High Net Worth Individuals
03/09/2022
Investcorp named 'Firm of the Year MENA'
This is a great achievement for the team and is a testament to our continued efforts towards contributing to the development of the private equity industry and the capital markets in the MENA region
03/09/2022
EFG Hermes signs EGP 600mln sale and leaseback agreement with LMD visionary real estate development company
The agreement capitalizes on EFG Hermes Corp-Solutions’ efforts to provide financing to Egypt’s premium real estate development firms
03/09/2022
Dubai Developments signed a contract with Etqan" as a financial and marketing consultant for its projects
Eng. Abd El Fattah AL Murr: our target to contract with major consulting companies locally and internationally
03/08/2022
Abu Dhabi developer Aldar plans to deploy more capital this year
Aldar’s full-year 2021 revenue went up 2 percent year-on-year to 8.58 billion in 2021, while gross profit rose 21 percent to 3.6 billion dirhams. Recommended dividend for shareholders increased to AED 0.15 per share.
03/08/2022
Dubai’s villa price boom won’t continue; prices already slowing down: Knight Frank
Villa prices in the emirate surged nearly 22 percent since the pandemic started, partly driven by huge demand from ultra-high-net-worth foreign investors who have appetite for luxurious homes.
03/08/2022
RAK’s Al Hamra earmarks Dhs1bn investment for five-year growth plan
Al Hamra’s growth plan includes enhancing its hospitality and retail offerings, and developing vertical and horizontal real estate assets
03/07/2022
Saudi HRSD Ministry and Jadwa Investment launch funds to develop non-profit sector
They jointly announced the establishment of two investment funds to further develop the non-profit sector at a launch event hosted by the Ministry in Riyadh last week
03/06/2022
Vesttoo's Continues Global Expansion
Insurance-linked investment platform Vesttoo hires several high-profile members to lead its continued expansion to key global markets.
03/04/2022
Concerns about future Gulf Bank credit risk
10% of total assets of banks in Oman and United Arab Emirates (5-year average), 12% and 15% to about 17% in Saudi Arabia and Bahrain, respectively.
03/04/2022
Abu Dhabi wealth fund cuts jobs in effort to save 1b dirham in costs
The fund had a cost-saving target of around 1 billion dirhams which has been communicated internally to management, said the sources.
03/04/2022
Qatar, Oman to enhance trade and investment partnership
The purpose of her visit to the State of Qatar is to promote investment in the Sultanate of Oman
03/04/2022
Jordan’s Capital Bank lists $100m bond on Nasdaq Dubai
The bond is the first issuance of its kind for a Jordanian bank on the exchange
03/04/2022
Saudi Arabia, Jordan eye trade relations over $1bn with new agreement
There is a need to strengthen these relations to rise above $1 billion
03/03/2022
Ankura enters Saudi Arabia with Riyadh office
“The Kingdom of Saudi Arabia has taken huge leaps in fostering a thriving business environment full of opportunities,”
03/03/2022
Most GCC markets gained in February despite geopolitical turmoil
UAE markets among top gainers, says Kamco Invest
03/03/2022
Business conditions in UAE’s non-oil sector mark strong expansion - PMI
However, shipment delays and weak hiring drove backlogs higher
03/03/2022
Dubai is well set to transition to next phase of economic cycle – Emirates NBD
With quality infrastructure capacity and proactive policies will help keep the economy open, says Emirates NBD
03/02/2022
Saudi Amlak renews $177mln loan from SAIB to bolster real estate finance
As per the agreement, the financing duration shall be one year