Middle East investors to spend $15 billion/year in global real estate
The Middle Eastern investor base has expanded, fuelled by weakening oil prices; this has led to a major shift in…
Comment & Analysis
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Abu Dhabi rents continue to rise, reports ADIB
Q2 2015 witnessed only 1,647 units entering the market, taking this year’s addition to 2,397 units with an additional 4,200…
Qatar likely to face fiscal deficit in 2016
The deterioration in Qatar’s fiscal position in financial year 2014-15 April-March on the back of the lower hydrocarbon prices was…
Risky world of angel investing takes off in the UAE and wider region
For aspiring angel investors in the UAE, the message from above is clear – start-ups can produce sky-high returns, but…
Markaz examines trends in the GCC bonds & Sukuk primary marke
Kuwait Financial Centre “Markaz”, in its recent research report titled GCC Bonds & Sukuk Market Survey, has highlighted the trends…
BisB announces net profit for H1 2015 of BHD 8.2 million
The Bank has reported for the three months ended 30 June 2015 net income of BHD 5.1 million compared to…
UAE Bonds Reap Benefits of Fuel Subsidy Halt
The yield on bonds of Abu Dhabi has decreased four basis points since 22 July OPEC’s third-biggest oil producer just…
KKR, Majid Al Futtaim Said to Weigh Bids for Abu Dhabi’s Dunia
KKR & Co. and Dubai’s Majid Al Futtaim Holding are among companies weighing a bid for Abu Dhabi consumer finance…
Tough times strike Saudi Arabia’s millionaires
Turmoil in the Middle East, an unimpressive international stock market debut and tumbling oil prices will hit the wealth of…
Emirati females more likely to work in Banking & Finance than male counterparts, finds survey report
Emirati women are more likely than their male counterparts to consider a position in banking and finance (29% vs 11%)…
UAE credit growth expected around 2 pct in 2015 -Mashreq CEO
Credit growth in the United Arab Emirates is expected to be around 2 percent this year, the chief executive of…
Buying a new home top priority for UAE investors
UAE investors' top three goals are buying a new home 25%, starting or investing in a new business venture 21%…