Thursday 5 March 2015
 
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investment

Saudi Arabia invests over $533bn in industries

Saudi Arabia’s industrial exports is set to grow by two to six per cent during the next five years, with over SR2 trillion ($533 billion) having been invested in industries across the kingdom, according to a report. Speaking

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Oman fund plans five-star resort in Salalah

Oman Investment Fund (OIF) plans to develop a five-star Alila Salalah Resort in the Dhofar governorate’s Mirbat. Due to open in the second half of 2017, Alila Salalah will be a unique luxury destination resort and will include a l

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Bahrain ranks high on investment benchmark

Bahrain was ranked 18th in the 2015 Islamic Growth Markets Investment Index which ranks countries' investment potential relatively within the Organisation of Islamic Co-operation (OIC) member states. Thomson Reuters in partner

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Experts shed light on major Islamic investment sectors

Infrastructure development, education, food and agriculture are high potential sectors for Islamic investments, an expert has said. Bahrain’s Economic Development Board (EDB) chief economist Dr Jarmo Kotilaine said the incre

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Construction projects boom as Bahrain eases rules

Investments worth billions of dinars are expected to be pumped into Bahrain as the government works on easing regulations on setting up businesses in the kingdom. Information Affairs Minister Isa Al Hammadi said urban development

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RBS shrinks investment bank, posts $5.4bn loss

Royal Bank of Scotland (RBS) will shrink investment banking operations drastically, pulling out of 25 countries across Europe, Asia and the Middle East and allowing the state-controlled lender to refocus on lending in Britain. RBS

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Majid Al Futtaim to invest $2.35bn in Egypt

Majid Al Futtaim, a Dubai-based shopping mall, retail and leisure pioneer, is expanding its investments in Egypt, pumping EGP18 billion ($2.35 billion) in the market as part of an ongoing five-year plan. The investment plan includes new

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ADIB sheds light on investment trends at seminars

Abu Dhabi Islamic Bank’s (ADIB) Private Banking Group recently held a series of seminars for its high net worth customers in Abu Dhabi, Al Ain and Dubai, in line with its ongoing commitment to provide its customers with insights into regio

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Alkhabeer plans $10.8m dividend distribution

Alkhabeer Capital, a leading asset management and investment firm in Saudi Arabia, plans to distribute cash dividends of SR40.7 million ($10.8 million) to its shareholders for the fiscal year ended December 31, 2014 - equivalent to 5 per cent of

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Industrial investment key to UAE economic growth

The UAE’s gross domestic product (GDP) is less dependent on oil due to diversification of revenue sources and higher inflow of investment into the industrial sector which is fast becoming a major contributor to the country's economic g

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