MidEast Stocks: Egypt hits new 45-month high; Dubai surges
Egypt’s benchmark index rose for a fourth straight session, up 0.4% to…
JP Morgan cuts banking ties with Dubai’s Emirates NBD
JP Morgan said in a statement that it was “important for us…
Dubai house prices forecast to reach pre-crisis levels
The fast growth has raised concern about a potential repeat of the…
Deutsche Bank found in “non-compliance” with Dubai regulator
The material non-compliance was declared by the court which covers the Dubai…
Dubai’s Arabtec Holding says will set up five new subsidiaries
One company will focus on investment in Egypt
Dubai’s Arabtec extends reach with giant construction order
Reuters - Dubai construction firm Arabtec clinched a $6.1bn contract on Sunday,…
Dubai retailer Al Futtaim to invest $2.3bn in Egypt
The investment plan is positive for Egypt’s army-backed government, which is trying…
Dubai’s Arabtec wins $705m Abu Dhabi contract
Reuters - Major Dubai-based builder Arabtec Holding said on Tuesday that one…
Dubai’s Drydocks World signs $730m North Sea rig deal
Drydocks agreed a restructuring plan worth $2.2bn in 2012 having got into…