Yas Island turning into key Abu Dhabi residential hub

Yas Island, a man-made island developed by UAE-based Aldar Properties in Abu Dhabi, UAE, is slowly evolving from being a pure entertainment and leisure destination into a destination for living as well as tourism.


Government bank deposits fall

Government bank deposits continued to fall in Saudi Arabia and the UAE last month, as the low oil price hits the balance sheets of lenders in both countries.


Murjan buys London building for 85 million pounds

Saudi Arabia-based investor Al Murjan Group has bought London's Kinnaird House office building for 85 million pounds from German fund manager GLL Real Estate, executives involved in the transaction said on Tuesday.


Bank Nizwa sponsors 5th Oman Economic Forum

Bank Nizwa served as the Platinum Partner for this year’s Oman Economic Forum, an event organized by the Omani Ministry of Commerce and Industry and Al Iktissad Wal Amal Group.


Tough year for MENA Fund Managers

The sector has risen from a few hundred million dollars at the turn of the century to more than $4bn at the end of 2015.