Middle East Business News

Dubai Developer Secures $40m Financing For New Hotel Fit-out

Omniyat announces financing from Mashreq Bank for the fit-out of hotel in The Opus by Zaha Hadid in Downtown Dubai Read more

UAE Bank To Hold Investor Roadshow Ahead Of Issuing Bond

National Bank of Ras Al Khaimah to hold investor meetings in Hong Kong, Singapore and London Read more

Many UAE Expats Unprepared For Retirement - Survey

New survey reveals majority of UAE expats do not have realistic plans for securing a comfortable lifestyle when they fin... Read more

Saudi's Sidra Buys Student Housing Properties In The US

Financial services company says it has acquired a total of 2,058 beds across six US states Read more

New $450m Tamil Infra Fund To Target Middle East Investors

Tamil Nadu Infrastructure Fund Management Corporation's fund will be an impact investment fund that will be deployed in ... Read more

Dubai's Shuaa Confirms Merger Talks With Abu Dhabi Financial Group

Abu Dhabi Financial Group, together with its controlled entities, manages more than $20bn in assets Read more

Cashing In: Network International CEO Simon Haslam

As UAE-based Network International announces plans for a hotly anticipated IPO, CEO Simon Haslam says the Middle East an... Read more

UAE's Mubadala Explores New Investments, Partnerships In Asia

Abu Dhabi fund is looking at sectors including hi-tech industries, artificial intelligence, healthcare and real estate Read more

Dubai's Biggest Bank Lists $1bn Bond On Nasdaq Bourse

Emirates NBD is the largest issuer of conventional bonds on Nasdaq Dubai with a total nominal value of $5.28bn from eigh... Read more

UAE Banks To Suspend Credit, Debit Cards Of Users Who Don't Update Emirates ID

UAE Central Bank issued a circular last year saying that all details must be updated by the end of February Read more

Network International Confirms Plans For London IPO

The payments solution provider plans to sell at least a 25% stake Read more

UAE's Mubadala Said To Mull Bid For $3bn Watson Stake

Sources say Abu Dhabi fund is weighing bid for stake in global retailer AS Watson Group Read more

Unit Of Bahrain's Arcapita Buys California Signage Company

MC Group has announced it has made its second acquisition with the purchase of Coastal Signage + Wayfinding Read more

Abu Dhabi Investors Take Part In $100m Security Token Offering

Blue Rock Capital and Blue Stone Capital each sign $10m intentions as part of Sumner Group's fundraising Read more

US, UK Investors Flock To Saudi-focused Funds

Exchange-traded funds in the US and the UK focused on Saudi Arabian equities are piling up new money this year Read more