08/20/2018
Trade between Hong Kong, UAE hits $4.63bln in H1 2018
The UAE is Hong Kong's 18th largest trading partner
Alternative Investments
08/20/2018
Property buyers dive in as Turkey’s lira plunges
This week’s currency crisis has prompted a flood of overseas buyers seeking bargains
08/20/2018
Saudi Arabia’s Problem Is Capital, not Canada
This is less than the $80 billion lost in 2017, but a sign of a continued bleed. Significantly, the projection was made before the contretemps with Canada.
08/20/2018
Here's where foreign real estate investors are buying in New York City
New York has remained one of the most expensive real estate markets in the world, helped by foreign buyers.
08/20/2018
Local banks lower investment in T-bills during H1 2018
The CBE cut interest rates twice earlier this year, in February and March by 200 basis points, and kept the rates unchanged during May and June meetings at 16.75 percent and 17.75 percent for the overnight deposit rate and the overnight lending rate, resp
08/17/2018
Qatar to invest $15b in Turkey's financial markets and banks
The countries have maintained strong ties with Ankara standing by Doha after Saudi Arabia and other Arab states cut relations with Qatar last year
08/16/2018
Bahrain Islamic Bank Provides Financing for Potential Residents of the Janayin Al Hamala Project
This comes in line with our aim to continue to offer a flexible range of financing solutions to suit our clients' needs,” said Dalal Al Qais, General Manager of Retail Banking of BisB.
08/16/2018
Arabian Gulf 2018 sovereign bond sales may reach $53bn topping 2017 issuances
Last year GCC governments sold $49.5bn worth of bonds as they diversified their funding sources
08/15/2018
Dubai eyes Dh110B India trade
The emirate is set to attract more SMEs from india
08/14/2018
Waha Capital Q2 profit surges 38.5% on investments and assets management businesses
Net profit for the three months to the end of June climbed to Dh132.4 million
08/13/2018
Egypt: AAIM's assets under management jump to USD269m
The managing director added "the growth in managed assets, amounting to 1.7 billion pounds, came as a result of the new mandates to manage more financial portfolios."
08/12/2018
State Street banker sees pace of reforms in Arabian Gulf accelerating
Laurina began his career in banking at the Bank of New York’s Brussels and London offices
08/12/2018
Saudi Arabia's massive investment fund said to be uninterested in funding Tesla's idea to go private
Tesla CEO Elon Musk has yet to submit a formal proposal for his idea to take the company private, but a major investor doesn't appear interested in financing a buyout, Reuters reported on Saturday.
08/10/2018
Saudi's fund manager-in-chief veers off-piste
The move risks undermining Saudi's ability to attract foreign capital
08/09/2018
BD150m government bonds listed on bourse
The system will automatically match the orders in accordance with the price priority then time priority.
08/08/2018
Saudi Aramco, Malaysia's Petronas tap banks for jumbo financing - sources
The two firms issued a request for proposals to banks last month and are now in preliminary discussions for a self-arranged loan
08/07/2018
Dubai financial firm Shuaa proposes first dividend payment for 10 years
Shuaa Capital posts a 21% jump in Q2 net profit while quarterly revenues also increase
08/06/2018
Asset manager Fidelity International to launch in DIFC
Free zone recorded 17 per cent rise in number of registered financial institutions in H1 2018
08/06/2018
United Arab Bank secures $185m funding
Both facilities have a 1-year extension option at the end of the two-year term
08/05/2018
United Arab Bank concludes $185m financing
Proceeds of the facility will be used for general corporate purposes and the refinancing of an existing syndicated facility