Majority of the high networth individuals (HNWIs) in the GCC region are likley to invest in assets closer to home rather than globally mainly due to their confidence in the local economy, said a study.
Globally, these super rich i
Investors have pulled out of a BD25 million ($65.9 million) development project on the coast of Muharraq, despite months of negotiations with government bodies.
Work on Al Ghous Corniche should have started ear
Investors face a major information challenge as Gulf exchanges boom. Secretive company managements, poor disclosure mechanisms and patchy enforcement of disclosure rules mean information is often more scarce than it is in markets elsewhere in th
Renewed demand from domestic and overseas buyers seeking Dubai property assets is a sign of increasing interest in Dubai’s improving real estate market, said a property expert.
Strong interest in Emaar’s newly launched
Bahrain's trading community has been urged to join hands with the government to turn Bahrain into an attractive destination for investors and visitors.
"We share the same goal of having a secure and stable country with pr
Investors from non-EU countries will be allowed to obtain five-year resident permits in Greece, provided the investment is at least 250,000 euros ($340,378), according to a new law, said a report.
The Greek Consul General in Jedda
Siemens shareholders told chief executive Joe Kaeser they expected him to deliver radical change at the German engineering group that will permanently close the gap with more profitable rivals.
Kaeser got the top job at Germany
The Turkish real estate growth is sparking a lot of interest among Arabian and Russian investors with many eyeing the central fashionable districts in the capital, according to a property expert.
“Istanbul in particular has attrac
Turkish Airlines has launched its newest high-flying business venture, the ‘Invest On Board’ platform that gives investors a chance to reach business startups in the sky.
The campaign is to further promote the entrepre
Saudi Arabia's bourse rose to a five-year high on Thursday in a new trend which signals the return of investor confidence in blue chips, while most other regional markets also advanced.
After most Saudi banks and petrochemical