Launch Of RAK Economic Zone
In 2017, the government of Ras Al Khaimah announced the launch of Ras Al Khaimah Economic Zone (RAKEZ). This…
Hedge Funds & Alternative Investments
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Aldar’s first half net profit down 3.8%
Aldar Properties posted a 3.8 per cent decrease in net profit for the first half of 2017 when compared to…
Saudi business conditions improved last month
Growth in Saudi Arabia’s non-oil private sector picked up at the start of the third quarter on the back of…
Middle East geopolitics behind $262M transfer
Neymar’s $262 million move to Paris Saint-Germain has obliterated world soccer’s transfer record in a monumental coup for the French…
Front-liners gain further momentum in strong Dubai markets
Buying in front-line stocks boosted the Dubai index, which extended gains for another session on Thursday even as traders continue…
GCC banks become more selective in lending
Tighter liquidity conditions, weakening asset quality and slowing economic growth are expected to further tighten lending standards of GCC banks…
Dubai Investments reports rising rent income despite profit decline
Dubai Investments said second-quarter profit fell 12 percent to 191 million dirhams ($52 million) as it plows ahead with a…
In Abu Dhabi, smaller the flat, bigger the returns
It's common knowledge that close to 50 per cent of Abu Dhabi's gross domestic product is reliant on the oil…
Abu Dhabi's Senaat asks proposals for dollar sukuk – sources
Abu Dhabi's Senaat, a state-owned investor in the emirate's industrial sector, has asked banks for proposals to arrange a U.S.…
El-Erian takes on new advisory role
Investcorp has announced that Dr. Mohamed A. El-Erian, Chief Economic Advisor at Allianz and chair of its International Advisory Board,…
Mideast funds more positive on equities, Qatar balanced
Middle East fund managers have become more positive on regional equities and have a balanced view on Qatar following a…
Chinese firms to invest $300m in Abu Dhabi
Five Chinese companies will start operations in Abu Dhabi's industrial zone with an initial investment of $300 million in a…