Qatar shares gain as bullish sentiment prevails
Strong buying, particularly in the telecom, industrials and realty counters on Thursday lifted the Qatar Stock Exchange for the second…
Hedge Funds & Alternative Investments
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Mohammed Bin Rashid Fund and Metis Management Consultancy up for Post-Fund Monitoring of SMEs
Mohammed Bin Rashid Fund (MBRF), the financial arm of Dubai SME, the agency of Dubai Economy mandated to develop the…
Oman signs $3.55 billion loan with Chinese banks
The government of Oman has raised $3.55 billion through a loan from a group of Chinese financial institutions, the latest…
Launch Of RAK Economic Zone
In 2017, the government of Ras Al Khaimah announced the launch of Ras Al Khaimah Economic Zone (RAKEZ). This…
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.…