Golden Gate inks escrow account deal with KHCB
Golden Gate Developers, a joint venture between Kooheji Golden Gate and Indian real estate groups Ajmera and Mayfair Housing, has…
Hedge Funds & Alternative Investments
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How is Qatar coping with its economic embargo?
When four of Qatar's neighbours hit it with an economic and diplomatic embargo back in June 2017, one expert says…
Nasdaq Dubai launches Saudi equity futures
Nasdaq Dubai on Wednesday launched futures trading on 12 Saudi companies' shares with a combined market capitalisation of $212 billion…
Too many expats in UAE still view advisers as untrustworthy
The financial advisory community in the UAE is embarking on a new course in 2019 in line with the fast-changing…
Man Group to fight $156m Kuwaiti lawsuit
A Kuwaiti state pension fund is suing Man Group, the UK alternative investment manager, in a UK court for $156m.…
Dubai Land Department signs deal with ADIB
Dubai Land Department (DLD) recently signed a banking solutions memorandum of understanding (MoU) with Abu Dhabi Islamic Bank (ADIB) for…
Annual Meeting Of Arab Finance Deputies Starts In Abu Dhabi
The two-day Fourth Arab Finance Deputies meeting, organised by the Arab Monetary Fund, started in Abu Dhabi today to lay…
Commercial Bank of Dubai to take control of Abraaj assets secured against loan
Commercial Bank of Dubai, which lent around $170m to Abraaj, will take stakes in the troubled private equity firm’s funds…
UAE to grow 3% in 2019: WB
The UAE's gross domestic product (GDP) will maintain its strong growth in 2019 and the next two years, helped by…
Qatar National Bank raising 2 billion euro loan – LPC
Qatar National Bank (QNB) , the largest bank by assets in the Middle East and Africa, is raising a 2…
Dubai Creek Harbour launches five-star waterfront branded residence
Palace Residences bring a boutique waterfront living experience for residents with branded 1, 2, 3 and 4-bedroom apartments. The homes…
Dubai house prices to drop 5 to 10% more this year
There is potential for residential real estate prices in Dubai to decline by another 5 to 10 per cent this…