Real EstateAldar launches its first Dh722 mn Saadiyat communityInternational Finance DeskSeptember 9, 2019December 23, 2019 by International Finance DeskSeptember 9, 2019December 23, 2019 Covering an area 422,370 square metres, the project features 1306 villa plots ranging between 600 to 1,400 square metres... Read more
AviationQatar Airways adds 60 nationals to its Al Darb programmeInternational Finance DeskSeptember 9, 2019December 23, 2019 by International Finance DeskSeptember 9, 2019December 23, 2019 The nationals will join various departments within Qatar Airways, gain experience and prepare to take up important positions within the organisation... Read more
TelecomVodafone signs MoU with ministry to begin operations in OmanInternational Finance DeskSeptember 6, 2019December 17, 2019 by International Finance DeskSeptember 6, 2019December 17, 2019 Vodafone will become the third telecom service provider in Oman after Omantel and Ooredoo Oman... Read more
Real EstateDubai’s housing prices likely to fall for another year: ExpertsInternational Finance DeskSeptember 6, 2019December 23, 2019 by International Finance DeskSeptember 6, 2019December 23, 2019 A slowing economy and oversupply in the market are some the major reasons for the price fall... Read more
BankingUBF: UAE banks well-capitalised, highly liquid, and stableInternational Finance DeskSeptember 5, 2019December 16, 2019 by International Finance DeskSeptember 5, 2019December 16, 2019 By December end, total banking assets reached $780 billion which bolstered the UAE banking sector’s position as the largest in the Gulf region... Read more
Oil & GasNew Aramco chairman takes charge, assures transparencyInternational Finance DeskSeptember 5, 2019December 17, 2019 by International Finance DeskSeptember 5, 2019December 17, 2019 Yassir Al Rumayyan’s appointment is a clear indication that Saudi Arabia is fast-tracking a local listing of Aramco... Read more
Real EstateEmaar Properties to issue Islamic bonds; hires Standard CharteredInternational Finance DeskSeptember 4, 2019December 23, 2019 by International Finance DeskSeptember 4, 2019December 23, 2019 The bond issuance is a part of the company’s $2 bn debt raising programme... Read more
Oil & GasSaudi Aramco favours Tokyo for international listing of its IPOInternational Finance DeskAugust 30, 2019December 17, 2019 by International Finance DeskAugust 30, 2019December 17, 2019 London and Hong Kong, considered previously for the listing, have been eliminated owing to political uncertainties... Read more
MarketsPortfolio investments lead foreign inflows into Saudi ArabiaInternational Finance DeskAugust 30, 2019December 12, 2019 by International Finance DeskAugust 30, 2019December 12, 2019 Despite weaker performance from its banking and energy, investors show interest in Saudi Arabia... Read more
FinanceMena fund managers increase investments in UAE, EgyptInternational Finance DeskAugust 29, 2019November 7, 2019 by International Finance DeskAugust 29, 2019November 7, 2019 Funds to reduce allocation to Saudi Arabia while keeping the earlier exposure to other Mena countries... Read more