Citi is bullish on SABIC, UAE's Empower
Citi has upgraded Saudi petrochemicals company SABIC to 'Buy' and raised its target price by 14% to 114 riyals ($30.4).…
Hedge Funds & Alternative Investments
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UAE-Israel trade more than doubles in 2022
Bilateral trade between the UAE and Israel more than doubled last year with the Emirates becoming among the top 20…
Saudi management consultancy TAM eyes IPO
Saudi Arabia-based management consultancy TAM Development Co. is planning an IPO later this year, according to a Bloomberg report. …
Qatar an innovator in Middle East: Officials
Qatar is a true innovator in the Middle East, consistently leading the way with progressive and forward-thinking initiatives. Beyond Technology…
Abu Dhabi TAQA invests $65mln in Taweelah IWPP
Abu Dhabi National Energy Co. has expanded its stake in Taweelah B Independent Power and Water Plant with an investment…
Sharjah’s real estate transactions top $6.5bn in 2022
Sharjah recorded real estate transactions worth over Dhs24bn ($6.53bn) during 2022, the emirate’s real estate registration department has said. …
Will UAE businesses raise salaries by 4.4% in 2023 to retain talent and cope with inflation costs?
Businesses in the UAE could come up with a 4.4 per cent salary hike this year, a marginal hike on…
Beehive celebrates official launch of crowdfunding platform in Oman
On the evening of Tuesday 17th January, fintech company Beehive, a Capital Market Authority (CMA) regulated crowdfunding platform, officially celebrated…
Top locations in Dubai that offer highest returns for property investors
Dubai Marina and International City are among the top areas to watch for investors who are looking to earn the…
Dubai National Insurance launches new partnership with Takalam’s award-winning mental health platform
Takalam expands its services and offerings to a wider audience in need of mental health support through DNI’s network DNI…
UAE aims to be among top 10 hydrogen-producing countries globally
The UAE, the Arab world’s second-largest economy, aims to be among the top 10 hydrogen-producing countries globally, a Ministry of…
Interest rate hikes remain a key risk to UAE real estate market – report
Interest rate hikes remain a key risk to watch out for the UAE real estate sector in 2023 though it…