Dubai Real Estate Fund Aims To Double In Size, Launch IPO Within 3 Years
Manrre Real Estate Fund reported a 12.5% return during its first year in operation Read more
Strong Rupee, Falling Interest Rates Lead To Plunge In NRI Deposits In India
Kerala, home to a large chunk of expat Indians, however, has seen growth in both NRI remittances and bank deposits in th... Read more
Aramco Said To Tap Saudi Billionaires For Major IPO Orders
Olayan family and Prince Alwaleed Bin Talal among big names reportedly negotiating deals to buy stock in Aramco Read more
Uber's Ex-CEO Said To Get $400m From Saudis For Food Start-up
Wall Street Journal says Travis Kalanick has received funding from Saudi Arabia's Public Investment Fund Read more
Saudi Aramco's Lavish Dividends Seen Stretching Finances In Oil Slump
To lure investors, Aramco has promised a bumper dividend payment of at least $75bn a year Read more
Bahrain's Investcorp Signs Deal To Invest In Asian Food Brands
New platform is aiming to raise $500m to invest in food brands in China, Singapore and greater Southeast Asia Read more
Aldar Unit Lists $500m Sukuk On Abu Dhabi Stock Market
Aldar Investment Properties says sukuk issuance was six times oversubscribed Read more
AB Crossfire: Will Cryptocurrency Replace Fiat In The Near Future?
Amidst concerns over volatility, regulations and the absence of a unified legislation, will cryptocurrency go mainstream... Read more
Drake & Scull Chief Vows To Complete Probe Into 'hidden Losses'
Chairman says new management is committed to completing ongoing investigations into all actions taken by the company's p... Read more
Bahrain's Investcorp Inks Deal To Target Chinese Tech Investments
Investcorp and China Everbright Limited announce they are combining their investment teams to target the Chinese technol... Read more
Islamic Banking Penetration In The UAE Hits New High
Islamic Banking Index by Emirates Islamic, which was first launched in 2014, shows penetration levels this year are at t... Read more
Opinion: Is Optimism Over Global Trade Talks A Bit Premature?
Financial markets have been dialling back on risk on two fronts: US-China trade and Brexit Read more
UAE Bank Launches New Digital Platform To Support SMEs
National Bank of Ras Al Khaimah unveils SMEsouk initiative to create digital ecosystem for small businesses Read more
SoftBank Posts $6.5bn Operating Loss On WeWork, Uber
The $100 billion Vision Fund had been a driver of profit growth at SoftBank, contributing over $14 billion in mostly pap... Read more
$1.4trn: How Far Apart Banks Are On Aramco IPO Valuation
Among 16 banks that offered an Aramco valuation, the range in estimates ran from $1.1trn at the bottom right up to $2.5t... Read more