Damac revenue up 4% to Dh7.5b for 2017
Damac Properties reported total revenue of Dh7.5 billion for the year ended 2017, a 4 per cent increase over 2016,…
Hedge Funds & Alternative Investments
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Iran holds 100 traders and freezes accounts in dollar crackdown
Iranian authorities have detained almost 100 currency traders and frozen bank accounts reportedly worth 200tn rials ($5.3bn) in the biggest…
Saudi startups have wider funding options amid huge fund volumes
Saudi startups would have a wide range of financing options as funding volumes in GCC have increased steadily, with a…
Saudi developer plans debut sukuk for social housing
Saudi developer Salman Abdullah Bin Saedan Real Estate Group is planning a debut issuance of Islamic bonds in the coming…
Insurance unit of Warren Buffett's Berkshire Hathaway opens Dubai office
An insurance subsidiary of Warren Buffett's Berkshire Hathaway said on Monday it had established an office in the Dubai International…
Global supports Yargıcı in franchising its lifestyle retail brand into Saudi Arabia and Kuwait
Global Investment House has announced that Yargıcı Konfeksiyon Ihracat ve Ticaret A.Ş. , has recently signed master franchise agreements with…
Japanese investment on the rise in Turkey
Manisa, a vibrant industrial town in Turkey’s Western Anatolia region, has had a lot of visitors from Japan recently. …
War-battered Iraq says it’s ‘open for investors’
War-battered Iraq sought yesterday to attract international investors to rebuild the country, offering hundreds of projects and touting extensive legal…
Mideast needs to invent new economic model: IMF chief
The International Monetary Fund said oil prices are expected to weaken gradually over the next three to four years and…
World Bank's IFC calls for investment in Iraq reconstruction
The World Bank's private sector arm urged international companies on Sunday to overcome concerns about funding reconstruction projects in Iraq…
Rebound in Dubai house prices unlikely as supply pipeline grows
Dubai's residential market "shows few signs of bouncing back quickly" from what is now a three-year downturn, according to note…
Life on Mars? UAE to fund space habitation ideas
The United Arab Emirates has announced it is to offer seed grants to support research into new ideas and technologies…