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Riyadh Development Co, Riyadh Holding Co set up $405m ventureRiyadh Development Company has signed of an agreement with Riyadh Holding Company to establish an entity that owns the assets and plays the role of the main developer and operator of the markets in the Qasr Al-Hukm area. More… |
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Kuwait markets positive in July on non-oil sector reboundKuwait's markets ended positive for July owing to a rebound in the non-oil sector activity, discovery of new oil reserves, and the news pertinent to the government planning to establish a secondary market for trading government bonds, acco More… |
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GCC IPOs raise $3.6bn in H1; Saudi markets spearhead growthThe initial public offerings (IPO) in the GCC markets has raised total proceeds of $3.6 billion through 23 offerings during the first six months, marking a year-on-year decline in value by 32% compared to H1 last year, where it raised $5.3 bil More… |
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Global air cargo rates stay firm driven by Asia, Mideast marketsThe global air cargo rates are holding firm during what is traditionally a quieter period for the market, boosted by continuing strong demand and high spot rates from Asian and Middle Eastern origins, according to the latest weekly fig More… |
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Soft landing unlikely for fragile world economy: SaxoMarket participants are making a mistake in believing that the current market cycle will play out like previous ones, warns Saxo, the online trading and investment specialist, in its Q3 2023 Quarterly Outlook for global markets. & More… |
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Soft landing unlikely for fragile world economy: SaxoMarket participants are making a mistake in believing that the current market cycle will play out like previous ones, warns Saxo, the online trading and investment specialist, in its Q3 2023 Quarterly Outlook for global markets. & More… |
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Soft landing unlikely for fragile world economy: SaxoMarket participants are making a mistake in believing that the current market cycle will play out like previous ones, warns Saxo, the online trading and investment specialist, in its Q3 2023 Quarterly Outlook for global markets. & More… |
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Mideast markets show mixed profitability in MayAmong key hotel markets in Middle East & Africa, Jordan and Qatar realised the only month-over-month gross operating profit per available room (GOPPAR) improvements, according to STR’s May 2023 P&L data release. More… |
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GCC economic growth placed at 2.5pc in 2023 and 3.2pc in 2024The GCC region’s economic growth is projected at 2.5% in 2023 and 3.2% in 2024, while Kuwait’s non-oil sector is expected to grow by 4.4% in 2023. The World Bank expects Kuwait' More… |
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GCC economic growth placed at 2.5pc in 2023 and 3.2pc in 2024The GCC region’s economic growth is projected at 2.5% in 2023 and 3.2% in 2024, while Kuwait’s non-oil sector is expected to grow by 4.4% in 2023. The World Bank expects Kuwait' More… |
