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Souq.com, Careem Have Given 'false Hope' To Entrepreneurs, Says Prince Khaled

Middle East Business News - Published date: .

Chairman of KBW Ventures says more must be done to help grow start-ups in the region Read more

Lebanon Minister Warns Health Sector At Threat Over Dollar Shortage

Middle East Business News - Published date: .

Jamal Jabak urges central bank to release US dollars over a hard currency shortage limiting medical imports to the prote... Read more

Abu Dhabi Said To Invest Up To $1.5bn In Saudi Aramco IPO

Middle East Business News - Published date: .

Sources say the emirate is seeking to make the investment through one or more state-linked entities Read more

UAE Parent App QiDZ Secures $1m In Seed Funding

Middle East Business News - Published date: .

Company says it will use the funds to enhance its product offering, grow its team and expand its footprint into other GC... Read more

Abu Dhabi Crown Prince Orders $1.8bn Housing Packages For Emiratis

Middle East Business News - Published date: .

Sheikh Mohamed bin Zayed Al Nahyan's directive aims to double the number of housing loans to UAE citizens Read more

Bahrain's Investcorp Invests $45m In Indian Healthcare Firm

Middle East Business News - Published date: .

Investcorp has announced that it has closed a $45m investment in Nephrocare Health Services Private Limited Read more

UAE Billionaire Wealth Falls More Than $4bn To Under $20bn

Middle East Business News - Published date: .

UBS and PwC Billionaires Insights report reveals there were seven billionaires in the UAe in 2018, unchanged from previo... Read more

Why Saudi Aramco's IPO Is No Ordinary Share Sale

Middle East Business News - Published date: .

Key questions answered on Saudi oil giant's IPO ahead of its launch next month Read more

What Are The Prospects For GCC Banks In 2020?

Middle East Business News - Published date: .

Moody's Investors Service says the outlook for GCC banks remains stable, expect in Oman Read more

Is $1.7trn A Fair Valuation Of Saudi Aramco?

Middle East Business News - Published date: .

Some money managers believe the energy giant is worth less than the valuation target of Saudi Arabia's Crown Prince Moha... Read more

Dubai Real Estate Fund Aims To Double In Size, Launch IPO Within 3 Years

Middle East Business News - Published date: .

Manrre Real Estate Fund reported a 12.5% return during its first year in operation Read more

Strong Rupee, Falling Interest Rates Lead To Plunge In NRI Deposits In India

Middle East Business News - Published date: .

Kerala, home to a large chunk of expat Indians, however, has seen growth in both NRI remittances and bank deposits in th... Read more

Aramco Said To Tap Saudi Billionaires For Major IPO Orders

Middle East Business News - Published date: .

Olayan family and Prince Alwaleed Bin Talal among big names reportedly negotiating deals to buy stock in Aramco Read more

Uber's Ex-CEO Said To Get $400m From Saudis For Food Start-up

Middle East Business News - Published date: .

Wall Street Journal says Travis Kalanick has received funding from Saudi Arabia's Public Investment Fund Read more

Saudi Aramco's Lavish Dividends Seen Stretching Finances In Oil Slump

Middle East Business News - Published date: .

To lure investors, Aramco has promised a bumper dividend payment of at least $75bn a year Read more