Friday 29 March 2024
 
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DME sets a new open interest record

Dubai Mercantile Exchange (DME), the premier international energy futures and commodities exchange in the Middle East, has reported a new exchange-wide open interest record of 71,586 lots on July 31. This total is equivalent to al

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DME sets a new open interest record

Dubai Mercantile Exchange (DME), the premier international energy futures and commodities exchange in the Middle East, has reported a new exchange-wide open interest record of 71,586 lots on July 31. This total is equivalent to al

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Top Dubai awards attract strong interest

The 10th cycle of the Mohammed Bin Rashid Al Maktoum (MRM) Business Award and the 2nd cycle of the MRM Business Innovation Award has attracted huge interest from companies in the UAE and GCC, the Dubai Chamber of Commerce and Industry has said.

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KHC sells interest in Four Seasons Langkawi for $90m

Kingdom Holding Company (KHC) chaired by HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, has sold its 90 per cent interest in the Four Seasons Resort Langkawi, Malaysia for $90 million. The shares were sold to Leisure Ventures

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Emirates Insolaire products receive strong interest globally

Dubai-based Emirates Insolaire, a pioneer in the development of new solar technologies, has received strong enquiries for its sustainable, energy-efficient coloured solar panel technology, reinforcing the surging demand for building-integrated p

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Oman's nature, wildlife reserves gain investment interest

Nature and wildlife reserves in Oman are expected to lead private investments in tourism industry as private investors have submitted applications for the development of two key reserves in the sultanate, said a report. According

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Millennials' interest 'spurs leisure boating sector'

UAE-based Gulf Craft, a manufacturer of luxury yachts and fibreglass boats, said that growing private wealth and marine developments in the country and across the region are combining to create a thriving leisure boating community in Qatar.

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Ahli United Bank 9-month profits jump to $442m

Ahli United Bank (AUB) reported a net profit attributable to its equity shareholders of $442.1 million for the nine months ended September 30, an increase of 5.5 per cent compared to $419.2 million achieved in the same period in 2015.

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Egypt cbank keeps main interest rates unchanged

Egypt's central bank kept benchmark interest rates unchanged on Thursday, it said in a statement.   The Monetary Policy Committee (MPC) kept the overnight deposit rate at 9.25 per cent and the overnight lendi

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Manara’s projects evoke keen interest at Bahrain expo

Manara has reported keen interest from prospective buyers and investors at its pavilion at the Bahrain International Property Exhibition (Bipex). The company is showcasing two of its projects currently underway, namely Investment Gateway &ndas

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