Tuesday 31 May 2016
 
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investments

DI acquires 20pc more stake in Properties Investments

Dubai Investments, a leading, diversified investments conglomerate listed on the Dubai Financial Market, has acquired a 20 per cent additional stake in Properties Investments (PI), a joint venture of Dubai Investments and Union Properties, for

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Bahrain hosts UN Investments Committee meeting

Bahrain today (February 8) hosted the United Nations Investments Committee meeting, which was held in Manama. The United Nations Investments Committee makes investment recommendations to the United National Joint Staff Pension Fun

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Ibdar exits Bahrain real estate investments

Bahrain-based Islamic lender Ibdar Bank has announced its successful exit from four real estate investments in the kingdom for a total value of $21.67 million. The first two exits consist of the sale of two 11-storey buildings acq

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Ibdar exits Bahrain real estate investments

Bahrain-based Islamic lender Ibdar Bank has announced its successful exit from four real estate investments in the kingdom for a total value of $21.67 million. The first two exits consist of the sale of two 11-storey buildings acq

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Saudi King Salman orders over $8bn investments in Egypt

Saudi Arabia's King Salman has ordered the kingdom to help meet Egypt's petroleum needs for the next five years, Saudi state news agency SPA reported. He also ordered that Saudi investments in Egypt be more than 30 billion

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Egypt seeks to drum up Gulf investments

Egyptian Prime Minister Sherif Ismail will meet Saudi officials and investors this week in a bid to drum up more investment as Egypt seeks to revive an economy suffering from a foreign currency shortage. The talks follow a visit b

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Egypt seeks to drum up Gulf investments

Egyptian Prime Minister Sherif Ismail will meet Saudi officials and investors this week in a bid to drum up more investment as Egypt seeks to revive an economy suffering from a foreign currency shortage. The talks follow a visit b

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Chinese investments in Dubai hit new high

Chinese investments in Dubai's real estate sector have soared to 2.76 billion yuan ($431 million) within eight months thus reflecting a positive sentiment of business practice in the emirate, said a property expert citing official data.

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Algeria postpones energy bids, sees slight rise in output

Algeria has postponed a round of bids for oil and gas exploration rights planned for this year after a slump in world crude prices, and will launch the round when market conditions improve, a senior Algerian energy official said.

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UAE goes ahead with plan to boost oil output

The United Arab Emirates is moving ahead with its oil and gas investments despite the current drop in oil prices and expects no delays in plans to boost its crude output potential by 2017, the country's energy minister said on Sunday.

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