Thursday 20 July 2017
 
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Ajman real estate transactions top $199m in Q1

The real estate sector in the UAE emirate of Ajman has registered solid growth during the first quarter with its transactions surging to more than Dh733 million ($199 million), said senior officials of the Department of Land and Real Estate Regu

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Bahrain to issue new ID cards to GCC investors

Bahrain government is set to issue special Bahraini ID cards to all GCC and global investors in a bid to help them complete their transaction procedures at various service departments in the kingdom without any hassles. The move c

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Bahrain to issue new ID cards to GCC investors

Bahrain government is set to issue special Bahraini ID cards to all GCC and global investors in a bid to help them complete their transaction procedures at various service departments in the kingdom without any hassles. The move c

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Dubai's residential transaction volumes up 30pc

The total residential transaction volumes in Dubai's residential sector for the last quarter grew 30 per cent over the third quarter of 2016,  according to the leading international property agency Chestertons.   Wit

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Etihad, Natixis close first aircraft leasing transactions

Etihad Airways and Natixis have completed a sale and leaseback for two 2016 vintage Airbus A380 aircraft. Both aircraft are owned by special purpose companies based in Abu Dhabi Global Market (ADGM), the world’s newest inter

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Etihad Aviation Group, partners raise $500m additional funds

Etihad Airways, Etihad Airport Services, airberlin, Air Serbia, Air Seychelles and Alitalia have successfully raised a further $500 million in a second platform financing transaction, following the success of last year’s bond which raised

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EFG Hermes to acquire 76pc stake in Tanmeyah

EFG Hermes, a leading investment bank in the Arab world, has signed a binding deal to acquire 76.7 per cent of Tanmeyah Microenterprise Services, a provider of comprehensive microfinance solutions to business owners across Egypt.

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Swift's growth in MEA outpaces global rate

Growth in financial transactions messaging system Swift's traffic volumes in the Middle East and Africa has accelerated by double-digit percentages this year as banks expand rapidly and non-financial institutions join the industry cooperativ

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Exchange firm in Bahrain 'failed to report deals'

A panel set up to investigate financial irregularities at a major currency exchange company operating in Bahrain has found that the majority of its transactions over a two-year period had not been properly reported. The revelation

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Private sector to 'boost opportunities for power deals'

The increasing role of the private sector in both power generation and water could boost opportunities for large-scale transactions in Mena in the future, according to an EY report.   The leading professional ser

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