Thursday, January 23, 2020

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dubai financial centre

Dubai’s Real Estate Slump Catches Up With the City’s Finance Hub

(Bloomberg) -- Walk into the latest expansion of Dubai’s financial district and you’ll see a handful of small art galleries, some upscale men’s tailors and...
progress 2019

Reserve Your Copy of Progress 2019

United Media Services (UMS) has published the 25th edition of its annual bilingual publication, Progress (Al Takkadum) 2019-2020, saluting His Majesty Sultan Qaboos Bin...
Amlak Finance is nearing a deal to restructure debt for a second time as the Dubai-based Islamic mortgage provider navigates an ongoing property slump; emaar uae

Dubai’s Top Developer to Team Up on $11 Billion Project in China

(Bloomberg) -- The developer of the world’s tallest tower in Dubai will venture out to China as property demand falters at home. Emaar Properties, the...
wind farm; renewable energy; wind power

Saudi Arabia Is Set to Start First Wind-Power Plant

(Bloomberg) -- Saudi Arabia, the world’s biggest oil exporter, is poised to start generating wind power within three years as part of an effort to...
telecom; oman

Oman’s Telecom Overview: 2018-19

The Sultanate of Oman is among the region’s most progressive countries in the telecom sector in terms of liberalisation and promotion of competition. The telecom...
middle eastern stock market

Middle East Stocks Fall With Regional Tensions Rising: Inside EM

(Bloomberg) -- Most Middle Eastern equity markets dropped on Sunday amid an increase in geopolitical tensions after Iran seized a British oil tanker in the...
stock image of economists

Recession Forecast for 2020: Economists Are So Bad, They’re Good

(Bloomberg Opinion) -- It’s no secret that economists are terrible at predicting recessions: a host of studies, along with a raft of anecdotal evidence, reveals...
Reserve Bank of India Governor Shaktikanta Das

RBI Governor Das Sees Positives for India Economy: Read His Words

(Bloomberg) -- Reserve Bank of India Governor Shaktikanta Das gave his first interview with media since taking office in December. Here’s an edited transcript of...
First Abu Dhabi (FAB) Bank blue close up storefront sign and entrance.

FAB Shares Gain as Bank Seeks to Remove Foreign Ownership Limit

(Bloomberg) -- First Abu Dhabi Bank's board proposed removing the foreign ownership limit after the United Arab Emirates started loosening rules to attract international investors....
British airways plane; BA & Lufthansa flights to cairo suspended

British Airways Halts All Cairo Flights for Seven Days

(Bloomberg) -- British Airways suspended all flights to Cairo for seven days to “allow for further assessment,” a day after the U.K. government raised its...