Articles
Saudi banks to remain profitable despite margin pressure
Kingdom's 'Big Three' are expected to continue outperforming their regional peers
Saudi's Almarai appoints new chief executive
Deputy CEO Majed Nofal to replace Georges Schorderet next month
ENBD Reit to delist from Nasdaq Dubai
Asset manager looks to take fund private as share price continues to trade at substantial discount to net asset value
Saudi construction sector continues strong growth in third quarter
Contract awards for the first nine months of 2019 up 117 per cent to 87.2 billion riyals
Gulf's GDP growth underpinned by 'resilient' non-oil sector
World Bank report praises diversification efforts but says more needs to be done
Business output in Lebanon slumps at fastest rate on record
Monthly PMI data shows sharp decline as crisis hits firms' operations
UK firm delivers stadium for Saudi's big fight in just six weeks
The 15,000-seater structure for this week's Clash on the Dunes is the biggest temporary structure built by Arena Events since 2012 London Olympics
UAE banks relatively undervalued compared to GCC peers, says analyst
Emirates NBD, ADCB and Dubai Islamic Bank all have strong fundamentals that could drive investor interest, says EFG Hermes
Adnoc updates global investors on strategy at Abu Dhabi forum
National oil company briefs financiers on co-investment opportunities
Masdar agrees deal with Armenian state fund to develop up to $320m of solar projects
Abu Dhabi company and Armenian National Interests Fund identify opportunities for 400MW of solar and wind projects
Damac chairman confirms buy-out of Roberto Cavalli business
The deal was executed through Hussain Sajwani's privately owned Vision Investments
Bahrain's GFH Financial Group launches $200 million schools investment arm
Company plans to invest in mid-market schools where student capacity can be maximised
UAE's Utico finalises $400m rescue deal for Hyflux
The company will acquire a 95 per cent stake for a $300m equity injection and provide a $100m credit line
Dubai's visitor numbers for nine months climb 4% on summer arrivals boost
Emirate sees more visitors from Saudi Arabia, Oman and China but arrivals from India and UK fall
Dubai developer Damac to move into luxury resorts business
Exclusive: Damac Properties is planning to bring forward resorts in the Maldives, Seychelles, Bali and Marrakech
