Emirates REIT to raise $135m in first Dubai IPO since 2009
Reuters - A real estate investment trust, Emirates REIT, said on Tuesday…
Fitch upgrade boosts Saudi shares
Saudi Arabia’s measure advanced 1.1% to its highest level since July 2008,…
Qatar may face higher costs of hiring foreign workers: IMF
Qatar, which has denied the Guardian’s findings, has seen an increasing influx…
Global PC shipments to fall 6.1% in 2014: IDC
Reuters - Global shipments of personal computers fell 9.8% last year, the…
Bahrain’s Al Salam Bank launches Asian Islamic REIT
Reuters - Bahrain’s Al Salam Bank has launched a listed sharia-compliant real…
Kuwait’s Zain says finalises $800m, five-year loan facility
Reuters - Kuwait’s Zain has finalised an $800m, five-year loan facility from…
Sawiris to buy into German travel group FTI
Sawiris, a member of Egypt’s richest family, runs Orascom Development Holding, operating…
Egyptian Pound flat in official and black market trade
Reuters - The Egyptian pound was steady at a central bank foreign…
Arabtec denies plans to acquire Kuwait’s Kharafi National
Reuters - Dubai builder Arabtec on Wednesday denied that it planned to…
Moody’s says Egypt banking sector outlook still negative
Moody’s cited “banks’ high and increasing exposure to Caa1-rated Egyptian government debt”,…