Tuesday, August 21, 2018

MIDEAST STOCKS-Property pulls back UAE; Saudi stocks fall on oil volatility

Weakness in property shares weighedon the Abu Dhabi and Dubai markets on Thursday in fallout froman earnings miss by Aldar Properties, while oil pricevolatility hurt Saudi stocks. Read More At Article Source | Article...

Emaar Development net profit surges 68pc to $496m

UAE-based Emaar Development has reported a net profit of Dh1.82 billion ($496 million) for the first six months of 2018, up 68 per cent compared to Dh1.08 billion ($294 million) for the same...

Russia’s Surgut sells Sept-Oct ESPO crude at slightly higher premiums

SINGAPORE, Aug 16 (Reuters) - * Russian oil producer Surgutneftegaz has sold two ESPO crude cargoes at slightly higher premiums than the previous month via a tender, several trade sources said on Thursday *...

Arena Events looks to raise £20m to fund acquisitions

Arena Events Group is looking to raise as much as £20m by way of a placing of up to 33.33m new shares at a price of 60p as it agreed the acquisitions of Stuart...

UAE group ramps up PH logistics expansion

Published August 9, 2018, 10:00 PM By Bernie Cahiles-Magkilat LuLu Group International, a diversified firm based in United Arab Emirates (UAE), is investing $100 million this year for its expansion in the...

Collier County Organizations to Share $2.7 Million Gift from United Arab Emirates for Hurricane...

NAPLES, Fla., Aug. 8, 2018 /PRNewswire/ -- As part of its commitment to help communities in Florida recover from Hurricane Irma, officials from the United Arab Emirates (UAE), The United Way of Collier County, Collier...

‘Disruptive’ photo platform and marketplace Coinaphoto announces expansion plans amid £500,000 crowdfunding launch

‘Disruptive’ photography platform and marketplace Coinaphoto has revealed ambitious expansion plans, including adding video, music and software to its current offering, as it launches a £500,000 crowdfunding bid.  

Reyl Appoints Emirates CEO

Reyl appointed a new chief executive officer for its Emirates-based subsidiary. The banker was a co-founder of the business and has a quarter of a century of banking experience. Nicolas Farah will take over as...

Takaful industry becoming greater in the world

Related ArticlesShariah-compliant framework likely to be practice in Britain’s transactions next yearThe global Takaful industry is expected to experience strong growth driven by demand from Islamic countries according to speakers at World Takaful Conference,...

Al Qudra Holding posts 56.5% profit decline Q2

Abu Dhabi – Mubasher: Al Qudra Holding has reported a 56.5% year-on-year slump in net profit during the second quarter of 2018, recording AED 37.24 million. Revenue went down to AED 66.47 million...