Saturday , 15 December 2018

Tag Archives: Investment

UAE stocks attract foreign investors as H1 results continue

By Zawya- Mahmoud Gamal, Mubasher Listed-stocks have recently hit record highs on the back of the interim financial results The UAE stock markets are currently gaining accumulations by foreign investors as listed-stocks have recently hit record highs on the back of the interim financial results, analysts told Mubasher. Most institutional investors in the UAE’s twin bourses were buyers during Sunday’s …

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UAE, China sign 13 agreements and MoUs

MoUs signed between the two countries with the aim to strengthen strategic partnerships and bilateral cooperation across various sectors His Highness Sheikh Mohammed bin Rashid Al Maktoum, the Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and President …

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Kuwait to get e-cars

Kuwait Chamber of Commerce and Industry has requested all concerned authorities to provide necessary requirements for the entry of electric cars to Kuwait’s market KUWAIT CITY – Kuwait Chamber of Commerce and Industry (KCCI) has requested all concerned authorities to provide necessary requirements for the entry of electric cars to Kuwait’s market, reports Al-Rai daily. Report added KCCI received a …

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China’s Xi pledges $20bln in loans to revive Middle East

The loans will fund a plan of “economic reconstruction” and “industrial revival” that would include cooperation on oil and gas, nuclear and clean energy, Xi said Chinese President Xi Jinping on Tuesday pledged a package of $20 billion inloans and $1.6 billion in financial aid to countries in the Middle East, as part of what he called an “oil and …

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Angel delight: Mideast investors rank social impact above financial gain

Zawya Express presents the top story, topic or trend highlighted by our editorial team as recommended reading to start your working day The ability to impact social change, rather than financial gain, is the biggest motivator for angel investors in the Middle East, according to a new report which also showed that the region’s entrepreneurs ranked highly on a global …

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Know your numbers: Advisors welcome banks’ attempt to improve financial knowledge among business owners

Zawya Express presents the top story, topic or trend highlighted by our editorial team as recommended reading to start your working day The introduction of a new guide aimed at improving the financial literacy of business owners has been welcomed by advisors. The UAE Banks Federation (UBF) announced yesterday that the 64-page guide has been produced as part of its …

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Investment outlook: Gulf’s fixed income market likely to match last year’s highs

Despite higher oil prices, benign funding environment means strong levels of bond issuance are likely to continue. Gulf sukuk and bond issuance could set another annual record this year as government institutions again turn to debt to help meet budget shortfalls, although elevated geopolitical risk and imminent interest rate rises will make borrowing more expensive. Emirates NBD, Dubai’s largest bank, …

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Smart Cities Global Summit to take place in Africa gathering International Government and Industry leaders to assess regional Smart City technology and investment strategies

Government’s role in stimulating new technology and Smart cities investment will be a key focus of the event agenda, with eight key Smart City investment themes featured over 50 sessions Smart Cities Global Technology & Investment Summit 2018 (www.SmartCityAlgiers.com) has been announced to take place in Algiers, Algeria, on June 27-28, gathering international Government and Industry leaders to assess global …

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Chinese firm wins $163mln contract for Damac’s Dubai skyscraper

China State Construction to build tower at Aykon City overlooking Dubai Canal. Damac Properties has announced the award of a 600 million UAE dirham ($163.4 million) contract to build a tower at its Aykon City project on Sheikh Zayed Road in Dubai. The company has chosen China State Construction Engineering Corporation’s Middle East (CSCEC) arm to build the tower overlooking …

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UAE ranked 13th most promising economy for investment

Ranking reflects UAE’s liberal and investment-friendly business policies Staff Writer, Khaleej Times The UAE has been named the 13th Most Promising Home Economy for Investment in 2017-19 according to a survey conducted by the United Nations Council for Trade and Development (UNCTAD) and Investment Promotion Agency (IPA) Observer. The ranking, published in the UNCTAD’s recently released annual World Investment Report …

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