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22.Feb.2012 09:08:53
Mideast money pours into London property
The region’s investment in the city almost doubled last year as individuals sought to secure their funds from the threat of the Arab spring
 
21.Feb.2012 14:16:55
Egyptian bourse leads world this year
Benchmark index up nearly 40% with interest from local investors and emerging market funds but further progress hinges on external aid
 
15.Feb.2012 07:21:29
Sukuk proves a capital but complex friend
Islamic finance is an increasingly popular way for companies to raise funds, but they must plan carefully to meet its intricate requirements
 
10.Feb.2012 10:30:14
Uncertainty hampers business in Libya
While a smattering of foreign business people are trickling back, most companies are reluctant to restart operations until after June elections
 
08.Feb.2012 09:44:51
Saudi sukuk success boosts bond hopes
Bumper year looms for the kingdom’s debt issuance market after $4bn in sovereign-backed debt was sold to expand Jeddah airport
 
08.Feb.2012 09:16:04
Cautious optimism over Dubai’s debt
Dubai is set to use internal cash and friendly banks to re­finance tranches of about $4bn of bonds coming up for maturity in 2012
 
07.Feb.2012 04:36:39
Qatar seeks to lure asset managers
Doha recruits veteran leader of the UK financial services industry as looming regulatory changes in UAE raise alarm in the funds sector
 
06.Feb.2012 07:56:27
Kuwait edges towards bourse sell-off
Planned privatisation of the stock exchange has drawn criticism but proponents insist it is the best way of improving performance
 
31.Jan.2012 14:39:18
Pilot flame flickers on gas pipeline project
Moves are afoot to scale back €8bn plan to reduce Europe’s dependence on Russian energy imports after Turkey and Azerbaijan question its viability
 
30.Jan.2012 07:22:30
Charity begins at home for Saudi Arabia
The kingdom has made clear that it must deal with its own problems of job-creation and housing before helping the financially strapped west
 
26.Jan.2012 11:19:09
Egypt indices soar on peaceful protests
Cairo equity market extends year’s gains to over 22 per cent, making it the world’s second-best performer after Hungary
 
25.Jan.2012 10:50:02
Iran raises interest rate on bank deposits
Increase seen as a big setback for President Mahmoud Ahmadi-Nejad, who has advocated below-inflation interest rates to give cheap loans to the poor
 
25.Jan.2012 10:29:19
Projects boost Abu Dhabi property shares
Emirate’s government approves construction programmes including the airport extension and the Louvre and Guggenheim museums
 
25.Jan.2012 08:29:31
Iran tries to end widespread economic panic
Interest rates on bank deposits raised to 21 per cent as citizens stockpile food, gold and foreign currencies
 
24.Jan.2012 23:21:51
Louvre and Guggenheim Abu Dhabi delayed
Ambitious museum projects will begin opening in 2015 after government review approves budgets and construction timeline
 
24.Jan.2012 10:32:06
Abu Dhabi approves spending boost
After more than year of uncertainty, state body backs budgets for projects including Guggenheim and Louvre museums.
 
23.Jan.2012 12:41:07
Economy chief looks to self-reliance in Syria
Damascus braced to tough out economic hardship caused by international sanctions by falling back on its own resources
 
20.Jan.2012 13:34:49
Greece presses EU to ease Iran oil sanctions
Athens’ demands complicate protest against Tehran’s nuclear programme. Ministers meet on Monday to discuss plans
 
19.Jan.2012 12:14:21
Syrian plan paves way for pound’s devaluation
Officials hope that allowing private banks to sell foreign currencies at rates of their choice will increase the flow of money
 
19.Jan.2012 10:10:44
UAE central bank hit by hackers
The attack appeared to be the work of an Israeli team which had announced its intention of shutting the bank website and that of Arab Bank
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Objectives
Investment and enhancement of economic development:
 
Attraction of capital.
Encouragement of investment and constant success to combine realization of the highest investment return and economic development.
Participation with private/public sector.
Contribution to the economic development:
 
Participation in infra structure projects.
Participation in housing and real estate projects.
Participation in promising investment activities capable of yielding the best investment return through various tools, and in any fields that may maximize returns and profit standards.
Creation of investment opportunities that lead to profit maximization through:
 
Participation in enlarging projects basis and developing their performance.
Contribution to establishment of new projects.
Development of available resources allocation in order to maximize the company's value and the stockholders capital.
Promotion of good corporate governance, referencing, supervision, control, and accuracy:
 
Management of the company in accordance with standards of reference, transparency, and good judgment.
Enhancement and improvement of human resources standard.
Enhancement and development of the institution and the administrative practices in accordance with good judgment standards within projects and companies that the company shares in, or shares in managing.
Making decisions of investment, or investment close-down, in light of the profitability of projects and the strategic development vision, and in accordance with the standards of effectiveness and optimum use of resources.
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