02/18/2022
India and UAE to sign trade deal worth $100bln
The new deal is expected to elevate the imports of Indian products in the UAE, especially textiles, jewelry, and gems.
Alternative Investments
02/18/2022
Egypt aims to expand in financing technological, innovative projects: Gamea
Venture capital programme worth $50m launched to finance new, existing investment funds
02/17/2022
Kuwait's Markaz Q4 net profit falls 72%
Board proposes 10% cash dividend, 5% bonus shares
02/17/2022
Dubai's BHM Capital 2021 net profit rises 125% to $3.53mln
Company records 45% increase in new account openings
02/17/2022
Dubai's National General Insurance posts 53.5% rise in 2021 net profit
Gross premiums, income from investment portfolio are also up
02/17/2022
Barwa Real Estate posts QR1114m net profit for 2021
As a result of the Group’s success in developing a balanced real estate portfolio has helped to cope with market fluctuations.
02/16/2022
Dubai's National General Insurance posts 53.5% rise in 2021 net profit
Gross premiums, income from investment portfolio are also up
02/15/2022
Emaar Properties’ 2021 profit jumps 80% on record sales
The developer’s revenue rose more than 57% to $7.7bn
02/15/2022
Waha Capital delivers net profit of AED 391mln
A 69% increase on the previous year
02/15/2022
SHUAA Capital net profit before one-off impairments reaches record high of AED 229mln
And net profit after impairments AED 40mln
02/15/2022
'Arab banks are well prepared to counter cyber-security challenges'
Wissam H Fattouh, Secretary-General of the Union of Arab Banks, lays out the roadmap for the region’s banking institutions.
02/15/2022
Bahrain's Investcorp buys 64 US industrial properties for $640mln
Company says sector continues to benefit from strong tailwinds driven by an increase in e-commerce, heightened by the pandemic
02/15/2022
Dubai's Amanat Holding posts 28-fold jump in net profit to $76.4mln
Company recommends highest-ever dividend worth $40mln
02/15/2022
Kenya Banks On Dubai Expo To Re-Establish Presence In UAE
By the close of last year, Kenya recorded close to 11,000 tourists from the Middle East, an increase from previous years.
02/14/2022
QIC awarded four accolades at Global Banking & Finance Review Awards 2021
The awards recognise companies of all sizes which are prominent in specific areas of expertise and excellence within the world of finance.
02/14/2022
Masterplan approved for Bahrain’s ‘green city’ Bilaj Al Jazayer
Chairman of Bahrain Mumtalakat Holding Company unit says coastal city will incorporate a range of clean technologies
02/14/2022
QLM reports strong growth of 16% in net underwriting income in FY 2021
Net profit stood at QAR 106mln, up 8%
02/14/2022
Apollo to Invest in Aldar Through Landmark US$1.4 Billion Transaction
The Aldar investment marks Apollo’s latest commitment to Abu Dhabi and the UAE.
02/14/2022
Mubadala Capital holds a successful final close on its first investment fund in Brazil
The Brazil Special Opportunities Fund brought together a group of like-minded global institutional investors to capitalize on an attractive market opportunity in Brazil with a highly differentiated strategy
02/14/2022
For UAE developers, low-cost financing from Europe opens up interesting options
State-owned European banks are getting active in UAE's project space