Saturday 5 September 2015
 
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British investors on UAE property buying spree

British investors are showing no signs of slowing down after pumping more than Dh4.7 billion ($1.27 billion) into the UAE real estate market in the first half of 2015, said a report. According to the Dubai Land Department, the tot

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Investors upbeat on Dubai real estate market

Majority of the investors (60 per cent) expect Dubai’s real estate market to grow over the next 12 months, said a survey conducted ahead of a key industry event in Dubai, UAE. The largest property showcase in the Middle East

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GFH distributes $53m to its funds' investors

GFH Financial Group has distributed $53 million to its funds' investors who currently have underlying investments in Bahrain, UAE, US and India.   Based on its revised strategy, GFH has over the last 18 month

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Trading starts in key development bonds in Bahrain

Investors will today (August 10) be able to buy and sell a fresh set of Government Development Bonds following their listing on the Bahrain Bourse (BHB) yesterday. In a statement, the exchange said the bonds, floated to raise BD100 million ($2

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Crude oil futures up as investors await jobs data

Crude oil futures traded higher on Friday, after setting multi-month lows in the previous session, with investors awaiting US jobs numbers later in the day and Chinese trade data over the weekend.   Despite the g

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New investors sought for Muharraq development

New investors will be roped in for a multi-million-dinar Bahrain project on the coast of Muharraq, after the original developers walked out. Plans for Al Ghous Corniche, which were initially spearheaded by a consortium of Turkish,

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Foreign investors buy more shares in Saudi

Foreign investors bought 2.33 per cent of all shares purchased on Saudi Arabia's stock market in June, the first month since new rules allowed more overseas investment in the Arab world's largest bourse, data showed on Thursday.

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ADIB investors back rights issue, sukuk plans

Shareholders of Abu Dhabi Islamic Bank (ADIB) have approved plans to raise Dh504 million ($137.22 million) of share capital through a rights issue, it said in a statement. The timing of the share issue, which will see shareholders

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ME investors eye Canadian food company stake

A consortium of investors from the Middle East region is set to acquire a majority stake in La Maison Cannelle, a leading specialised food producer in the health and wellness food segment based in Quebec, Canada. Headquartered in

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Chestertons to help UAE investors to invest in EU

Chestertons, a leading international real estate, said it has created a new international properties’ unit that will focus on EU-based properties for UAE investors. A multi-disciplinary property business covering residential

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