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Major real estate deals show renewed confidence of investors

UAE, Dubai, March 25 -- The 2019 has witnessed a number of significant real estate transactions in the GCC with the latest AED 289 million sale of Al Murjan, a residential tower in Abu Dhabi, showcasi... Read More


Shareholders approve Ithmaar Holding financial statements for 2018

MANAMA, BAHRAIN, March 25 -- The shareholders of Ithmaar Holding (Ithmaar or the Group) during Annual General Meeting (AGM) held on Monday approved the consolidated financial statements for 2018. The... Read More


The overall China-bound inflow will exceed $1trillion

LONDON, March 24 -- The overall China-bound inflow over the next three to five years will exceed $1 trillion using very conservative estimates. Steen Jakobsen, Chief Economist and CIO at Saxo Bank, i... Read More


Etisalat honours 'SMB Awards' 2018 winners

Dubai, March 24 -- Etisalat announced the winners of its inaugural 'SMB Awards 2018' in Grand Gala event to recognise and celebrate the outstanding achievements of small and medium businesses (SMBs) a... Read More


FinTech to propel economic growth of GCC

MANAMA, March 23 -- FinTech will radically improve the financial health of the people of the Gulf through access to next-generation banking services, says Simon Galpin, Managing Director of Bahrain Ec... Read More


Zoho bolsters its presence in UAE, GCC

Manama, March 23 -- Zoho, a global provider of cloud-based business software, announced its plans for expanding and reinforcing its presence in the UAE and GCC region. The announcement was made on the... Read More


ADFD finances 108 water projects in 56 countries worth AED8b

Abu Dhabi-UAE, March 23 -- Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, has financed 108 water sector projects in 56 countries with a total val... Read More


Over $37million cash windfall for ABG shareholders

MANAMA, March 23 -- Overwhelming majority of 83 per cent of the shareholding during the Annual General Meeting (AGM) of Al Baraka Banking Group has approved payment of cash dividend of US$ 37.3 millio... Read More


Fitch Affirms Doha Bank at A; outlook stable

London, March 19 -- Fitch Ratings has affirmed Doha Bank Q.P.S.C.'s (DB) Long-Term Issuer Default Rating (IDR) at 'A' with a Stable Outlook. At the same time, the agency has affirmed DB's Viability Ra... Read More


Bahrain: 1st country to launch 5G network in region: TRA

Seef District, March 19 -- The Telecommunications Regulatory Authority's (TRA) Board of Directors held their 1st meeting of 2019 at TRA's headquarters in the Seef District wherein the members praised ... Read More