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Emirates Global Aluminium plans IPO, banks pitch for role
Source : Arab News  
Date : 2017-03-22
Emirates Global Aluminium (EGA), one of the world’s top five producers, has invited banks to pitch for a role in its planned initial public offering, sources told Reuters....
Tadawul institutional ownership rises further but different drivers
Source : Saudi Gazette  
Date : 2017-03-22
After reaching multi-year lows during August-September 2016, Saudi Stock Exchange (Tadawul)'s traded value increased to hit a 8-month high in December 2016 with the market gaining 28% during that period,...
UAE publishes VAT timetable; excise tax roll out in 2017
Source : Khaleej Times  
Date : 2017-03-22
The UAE Ministry of Finance has launched the first phase of its awareness and education workshops that will prepare businesses for the new tax system that will be introduced by...
Total volume of UAE personal loans reaches Dhs349.9 billion
Source : Gulf Today  
Date : 2017-03-22
Total volume of personal loans in the UAE increased to Dhs349.9 billion in February 2017, according to a UAE Central Bank report issued on Tuesday, which affirmed the banks' continual...
Dubai economy continues to grow despite challenges
Source : Gulf Today  
Date : 2017-03-22
The Emirate of Dubai continues to show growing levels of buoyancy in different business sectors, boasting growing demand and increasing returns thanks to its highly sophisticated industrial base and rising...
Opec mulls oil cut extension
Source : Khaleej Times  
Date : 2017-03-22
Opec oil producers increasingly favour extending beyond June a pact on reducing crude supply to balance the market, sources within the group said, although Russia and other non-members need to...
'Endowment is a tool for developing communities'
Source : Gulf Today  
Date : 2017-03-22
His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, emphasised that endowment is a developmental tool for communities and an...
Shurooq, Emaar, Eagle launch Dhs2.47b projects
Source : Gulf Today  
Date : 2017-03-22
Sharjah-based Omran Properties is to launch three real-estate projects in the emirate worth Dhs2.47 billion. The unprecedented developments, the first Omran have made in Sharjah, bring new residential, retail, commercial...
VP launches new beachfront resort
Source : Gulf Today  
Date : 2017-03-22
His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Tuesday launched a new beachfront entertainment destination located at...
Dubai realty to attract Chinese investments
Source : Gulf Today  
Date : 2017-03-22
Dubai developers are all geared to showcase the best of Dubai real estate opportunities to the Chinese investors at the upcoming Dubai Property Show that will be held in Shanghai,...
Pak investors pump Dhs4.4b in Dubai properties
Source : Gulf Today  
Date : 2017-03-22
Pakistani investors have pumped in Dhs4.4 billion worth of investment in Dubai’s property market in 2016 and are among the top 3 investors, according to Dubai Land Department....
MoF organises workshop on tax awareness for businesses
Source : Gulf Today  
Date : 2017-03-22
The UAE Ministry of Finance (MoF) has launched the first phase of its awareness and education workshops that will prepare businesses for the new tax system that will be introduced...
MoE unveils app to strengthen country's foreign trade, economic relations
Source : Gulf Today  
Date : 2017-03-22
The Ministry of Economy launched an interactive and smart online application to strengthen the UAE's economic and foreign trade relations with countries across the world....
Jafza organises American Business Forum
Source : Gulf Today  
Date : 2017-03-22
Jebel Ali Free Zone (Jafza), a DP World Company and the UAE's flagship trade and logistics hub for the Middle East region and Africa, has organised a business forum for...
Oman to use AIM platform to forge new trade, investment ties
Source : Gulf Today  
Date : 2017-03-22
Ithraa, Oman's inward investment and export promotion agency, is geared up to take advantage of the ambitious three-day annual investment conference and exhibition to be held in Dubai to spur...
Dubai starts desert solar plant as part of world's biggest park
Source : Times of Oman  
Date : 2017-03-22
Dubai's government-owned utility completed a 200-megawatt power plant one month ahead of schedule as part of a plan to build the world's largest solar energy park by 2030....
Kuwait to showcase at Dubai ATM multi-billion dollar 'tourism' plan
Source : Arab Times  
Date : 2017-03-22
With ambitions to welcome 440,000 visitors a year by 2024, the government of Kuwait is pressing ahead with multiple plans that will see billions of dollars invested in projects and...
QGIRCO eyes expansion
Source : The Peninsula  
Date : 2017-03-22
Qatar General Insurance and Reinsurance Company (QGIRCO) is planning to further expand its presence in insurance sector with focus on the real estate projects....
CI affirms QNB ratings on par with Qatar's with a stable outlook
Source : Gulf Times  
Date : 2017-03-22
Capital Intelligence (CI), a global credit rating agency, yesterday affirmed QNB's long and short-term foreign currency ratings (FCRs) at 'AA-' and 'A1+' respectively, at the same level as the sovereign...
UAE is new hub for entrepreneurs says report
Source : TradeArabia  
Date : 2017-03-22
The United Arab Emirates (UAE) is emerging as a new hub for entrepreneurs and startups, according to a report....
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