Friday 28 April 2017
 
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UAE firm acquires Carlton Downtown Hotel in Dubai

Expanding its footprint in the hospitality sector, Dubai-based The First Investor group, a subsidiary of Al Fardan Group, has acquired the Carlton Downtown hotel on Sheikh Zayed Road. Formerly the Warwick Hotel, it is the third ho

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Chinese investors considering methanol projects in Oman

Investors from China are considering plans to develop a pair of methanol projects in the Special Economic Zone (Sezad) at Duqm in Oman, said a report. The proposed methanol schemes, implementation of which hinge on the availabilit

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Chinese investors considering methanol projects in Oman

Investors from China are considering plans to develop a pair of methanol projects in the Special Economic Zone (Sezad) at Duqm in Oman, said a report. The proposed methanol schemes, implementation of which hinge on the availabilit

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Cheval Residences sees growing GCC investor demand

Cheval Residences Group, a leading London developer, said it has been receiving an overwhelming response from the GCC investors for its serviced apartment projects in the Middle East and UK. The regional investors are keen to capi

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Turkish Airlines unveils Investor Relations mobile app

In order to improve its transparent communication with its stakeholders, Turkish Airlines released a mobile Investor Relations application compatible with iPad, iPhone and Android devices. With this application, all Turkish Airlin

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Dafza reaches out to potential UK investors

A delegation from Dubai Airport Free Zone Authority (Dafza) recently showcased investment opportunities for UK businesses in Dubai in a bid to increase foreign investment flowing into the emirate. Among the key markets targeted by the d

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Qatar First Bank launches new private banking platform

Qatar First Bank, a leading Shari’ah compliant bank in Qatar, has developed a new open architecture private banking platform which allows shareholders and clients to grow, manage and protect their wealth and assets. Supported by a

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Sipchem plans sukuk investor meetings in May

Saudi International Petrochemical Company (Sipchem) will begin investors meetings in May for a potential issue of sharia-compliant bonds, the firm said on Sunday. Sipchem has appointed Riyad Capital and NCB Capital as managers of

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Americana says Gulf investor finished due diligence

The Gulf investment firm seeking to acquire a majority stake in Kuwait Food Co (Americana) has completed due diligence, the results of which will be communicated ‘in the coming period,’ a bourse filing said.  

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Asia shares led lower by Japan, dollar still groggy

Asian shares and the dollar both lost more ground on Friday as investors began the new quarter in a cautious mood, with glimmers of life in China's economy offset by a darkening mood in Japan.   Activity in C

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