Tuesday, September 16, 2014

DFM Boom on the Horizon?

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Finance and economy Tech Energy Real Estate Transport and Tourism Media and Marketing Luxury and Lifestyle
Finance and Economy
DFM boom on the horizon?
A flurry of imminent initial public offerings (IPO) is set to replenish an unusually dormant Dubai Financial Market (DFM) in the coming weeks. Having endured a rollercoaster experience throughout June and July, a lack...
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Qatar's SMEs to list on venture market
In a bid to energise and extend its stock market, the Qatar Stock Exchange is launching a venture share market for SMEs.
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GCC salaries to grow by 5.1 per cent in 2015
Salaries across the GCC are predicted to increase by an average of 5.1 per cent in 2015, AON Hewitt reveals.
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Hong Kong boosts Dubai's Islamic capital bid
Dubai's bid to become the global Islamic finance capital is gaining strength, with the Government of Hong Kong deciding to list its sukuk bonds on NASDAQ Dubai.
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Energy
Saudi Arabia defends oil prices by cutting output
Saudi Arabia has slashed its crude output by 400,000 barrels per day (bpd), in an effort to tackle declining oil prices. Although its current capacity stands at 12.5 million bpd, the kingdom produced 9.5 million bpd in August, down from ten million...
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Real Estate
Former Arabtec CEO 'has finalised the sale of a stake to Aabar'
According to unnamed sources close to Hasan Ismaik, the former Arabtec CEO has agreed to sell some of his 27.9 per cent stake to state-owned Aabar Investments.
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MENA Infrastructure eyes Turkey investment with new fund
MENA Infrastructure launches its second fund, with $500 million expected to be pumped into the energy, infrastructure and transport sectors.
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Technology
Internet protection: perfect timing for multi-device cover
Kaspersky has launched its 2015 internet security multi-device product in a bid to counter rapidly growing cyber threats in the UAE.
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Apple unveils thinnest iPhone and watch

Apple launched iPhone 6 and iPhone 6 Plus on Tuesday, September 9, and according the firm's chief executive Tim Cook "they are the best iPhones ever".
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