Arqaam Capital maintains buy rating and take profit call for Mazaya
Arqaam Capital expects great potential for investment in the Boursa Kuwait-listed Al Mazaya Holding stocks as the investment bank has…
Property & Real Estate
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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,…
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…
Dubai's Al Ahli secures $340m financing to expand mall
Al Ahli Holding Group, a major UAE conglomerate, has secured an Islamic club financing facility worth Dh1.25 billion ($340 million)…
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…
NBK Capital Partners closes key real estate fund UAE Business
NBK Capital Partners, an alternative investments firm that leads flexible growth capital investments in mid-sized companies in the Middle East,…
Majority Of U.A.E. Expats Earn Just Enough To Live On
Nearly 56% of residents in the U.A.E. claim that they are concerned about earning just enough to live on, a…
Dubai Holding appoints new CEO to run $35bn firm
Dubai Holding appointed Amit Kaushal as chief executive officer, replacing Edris Alrafi who left the investment firm owned by the…
China's wealth becomes X factor in Dubai realty
The China effect on Dubai’s real estate market is only going to get bigger. High networth Chinese buyers are looking…
Mideast investors have reasons to retain trust in City
With office investment in 2017 in the City of London hitting £12.2 billion — doubling the 10-year annual average (£6.259…
Bank of China looks to finance infrastructure projects in Turkey
The Bank of China, the largest Chinese financial provider of the Belt and Road initiative, aims to support Turkey's stronger…
Dubai’s property market toys with crypto possibilities
Would you settle your rents using a crypto currency? Or buy that freehold apartment in Dubai by shelling out a…