BP's shareholders have voted against chief executive Bob Dudley's $20 million pay deal for 2015, a rare investor revolt for such a major company, after it recorded a record annual loss.
Some 59 per cent
Chestertons, an international property agency with a hub in Dubai, said investors from the Middle East and North Africa (Mena) region had pumped more than Dh265 million ($72.1 million) into London's real estate market in 2015.
Oil rose above $42 a barrel, hitting its highest this year and extending a rally into a fourth week on expectations of a production freeze by major exporters, stronger seasonal demand and dollar weakness.
Indian airlines, Brazilian chemical producers and Turkish car makers are just some of the emerging market firms thriving thanks to low commodity prices, and yet investors are often slow to catch on due to the asset class's dismal overall per
More than 200 UAE investors are preparing to capitalise on the growing real estate opportunities in Turkey when they descend upon Istanbul for the first Cityscape exhibition in the country later this month.
The Hosted Buyer Progra
UAE master developer Nakheel is set to map out investment opportunities worth Dh4 billion ($1.08 billion) across Dubai during its debut show at top European real estate event Mipim which opens on Tuesday (March 15) in France.
Mubasher Financial Services, a leading financial institution in the Middle East, has undertaken a step to offer investors access to seven additional trading markets.
It includes South Africa, Singapore, Hong Ko
A consortium of Canadian and Kuwaiti investors has signed an agreement with American fund Global Infrastructure Partners to acquire London City Airport in a deal that is reported to be worth nearly £2 billion ($2.8 million), said a report.
The measures being taken to attract more foreign investors to Dubai and the steps to achieve this will be among key highlights at the upcoming Dubai Forward.
The event will run from February 15 to 17 at Mina A&
Dubai-based Riveria Global Group has announced the launch of a comprehensive new property portal - 3villaz.com - aimed at helping expats invest in the highly lucrative markets of Dubai and India.
The site has specifically been cre