Eshraq Investments buys back 5m shares to give stock a boost
Abu Dhabi’s Eshraq Investments confirmed that it has bought back 5 million of its shares, representing 10 per cent of…
Hedge Funds & Alternative Investments
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Solid growth in manufacturing sector drives Qatar’s industrial production index up in June
As the coronovirus restrictive measures in Qatar and other parts of the world have started easing in a phased manner,…
Saudi crude exports plunge in June to lowest on record
Crude exports from Saudi Arabia, the world's largest oil exporter, extended a decline in June to the lowest on record,…
'Tough' months ahead for Dubai's property market: DAMAC CEO
The coronavirus pandemic has somewhat eased Dubai’s oversupply problems, but the months ahead will remain tough for the emirate’s real…
Can Dubai enter the premier league of financial centres?
The deal to normalise relations between Israel and the United Arab Emirates (uae), announced on August 13th, was a diplomatic…
QFC-based corporate banks’ net profits jump 9-fold; assets grow 34%
The Qatar Financial Centre (QFC)-based corporate banks’ net profits saw nine-fold year-on-year jump and total assets grew 34%; and their…
Total assets of 18 listed national banks rise to AED3 trillion by end of June
Total assets of the 18 listed national banks rose to around AED3 trillion in H1-2020, up 8.2 percent, compared to…
Qatar- QSE declines on selling pressure from banking segment
The Qatar Stock Exchange on Thursday declined 47 points and its barometer reached less than 9,800 levels, mainly on higher…
'It’s been a challenging year': Dubai loosens alcohol laws to ease economic slump worsened by coronavirus
Dubai again has loosened laws governing alcohol sales and possession of liquor as the sheikhdom tries to claw its way…
Dubai law to regulate family businesses
The law, which defines the terms of the family ownership contract, and the powers and obligations of its manager, is…
Manufacturing sector growth helps Qatar’s industrial production expand in June
A robust growth in the manufacturing sector — especially cement, refined petroleum goods, chemicals, rubber and plastics and beverages —…
Weakening dollar boon for Dubai's property market: analysts
The weaker dollar has proved to be a boon for Dubai's real estate sector, attracting investments from overseas investors during…