Rents in Dubai continue to plunge as more tenants vacate homes

October 26, 2020     /

Rents in Dubai continue to plunge as more tenants vacate homes Numerous residents are downsizing, others are repatriating to home…

Monday Outlook: Dollar firms over new U.S. coronavirus aid package; oil prices drop

October 26, 2020     /

Monday Outlook: Dollar firms over new U.S. coronavirus aid package; oil prices drop US has recorded its highest ever number of…

Revealed: Top priorities of MENA finance leaders amidst COVID-19

October 26, 2020     /

Revealed: Top priorities of MENA finance leaders amidst COVID-19 EY survey says 69% have prioritised overcoming finance and liquidity challenges…

Saudi’s Dr Sulaiman Al Habib distributes $56mln dividend

October 25, 2020     /

Saudi’s Dr Sulaiman Al Habib distributes $56mln dividend 350mlnn shares are eligible for six percent dividend at SAR0.60 per share…

Saudi Arabia’s economy begins ‘gradual recovery’ – Knight Frank

October 25, 2020     /

Saudi Arabia’s economy begins ‘gradual recovery’ – Knight Frank Consultant says real estate transaction numbers are down 28% year on…

Telecom Egypt is building Egypt’s largest international data centre

October 25, 2020     /

Telecom Egypt is building Egypt’s largest international data centre Facility is expected to be commissioned in early 2021 with access…

Wall of debt: Maturities mount in Middle East amid COVID-19 borrowing spree

October 25, 2020     /

Wall of debt: Maturities mount in Middle East amid COVID-19 borrowing spree Borrowings across region, including Europe, Africa, jump to…

UAE’s Dana Gas to sell onshore Egypt assets to IPR Energy unit for $236mln

October 25, 2020     /

UAE’s Dana Gas to sell onshore Egypt assets to IPR Energy unit for $236mln The transaction, is subject to a…

UAE’s Dana Gas to sell onshore Egypt assets to IPR Energy unit for $236mln

October 25, 2020     /

UAE’s Dana Gas to sell onshore Egypt assets to IPR Energy unit for $236mln The transaction, is subject to a…

Sunday Outlook: Stocks rally, Treasury yields hit highs on stimulus hopes

October 25, 2020     /

Sunday Outlook: Stocks rally, Treasury yields hit highs on stimulus hopes Oil falls about 2% on Libyan output, COVID-19 demand…