Kuwaiti property sales slip 27% in Q3
Real estate sales in Kuwait have dropped 27 percent in the third quarter of 2016 to $5.58 billion (KD1.7 billion)…
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Saudi Oger seeks payment freeze on $3.5 billion local bank debt – sources
Construction giant Saudi Oger has asked banks to agree to a freeze in repayments on at least 13 billion riyals,…
Dubai South readies for VIP Terminal opening with ad sales partnership November 8, 2016
The newly built VIP Terminal in Dubai South, United Arab Emirates, scheduled to open in December, will provide ultra high…
Cityscape joins Top Expo group to launch
Informa Exhibitions, organiser of the Cityscape real estate events, has signed an agreement with Kuwaiti based Top Expo Group, …
Dubai property market remains 'challenging', says Damac chairman
Damac Properties chairman Hussain Sajwani has described Dubai’s property market conditions as “challenging”, after the company's net profit fell 11.7…
Saudi Arabia to hike municipal fees Qatar raises govt salaries
Qatar will raise the salaries of government employees next year in a rare spending hike by a Gulf state at…
KFIC Report on Global, GCC Markets Gulf equities buoyant amid bearish trends across world
Kuwait Finance and Investment Company clarified in its financial report for October; Global equity markets ended in negative territory during…
Watani Investment Co. acts as arranger for USD 2.25 bln bonds
Watani Investment Company acted as Arranger and Joint Lead Manager in establishment of a Global Medium Term Note program by…
Louvre Group Expands Its Middle East Operations
Louvre’s Dubai business, Louvre Middle East, has grown with the creation of a new role. Tom Kimber rejoins Louvre as…
Dubai real estate 'shifts towards mortgage'
Over the last four years there has been a paradigm shift in the structure of transaction activity in the Dubai…
Mideast Stocks-Profit taking hits Gulf equities after oil tumbles
Profit taking hit major equity markets across the Gulf in early trade on Sunday after crude oil suffered its biggest…
Investors Watching Closely Egypt And The U.S. Elections
Investors will be watching closely this week the market in Egypt and the U.S. elections. Egypt floated its currency…