Zawya Weekly: Emaar unveils $2.7 billion Dubai Square mall; Egypt's new sovereign fund will be used to fund budget deficit; and more

Emaar's huge new mall will have more gross leasable space than Dubai Mall and will sit below the new Dubai Creek Harbour tower

  
Chinatown at Dubai Square.

Chinatown at Dubai Square.

EMAAR-Dubai Holding/handout via Thomson Reuters Zawya

Welcome to your weekly round-up of Zawya's top stories over the past seven days.

Emaar unveils new $2.7bln Dubai Square mall

Huge 750,000 sq m mall will be built under the Dubai Creek Harbour tower


Egypt's new sovereign fund will be used to fund state's budget deficit - parliament member

Egypt plans to raise funds from “over 4,000 unused assets” owned by the state, parliament member Amr El-Gohary says

GCC Equities Review: How have the Gulf's stock markets performed so far this year?

Saudi, Kuwait and Qatar witness event-based inflows, but Dubai and Oman stocks languish

UAE's Palmon Group plans to float new REIT on a UAE stock market within two years: chairman

Manohar Lahori, Palmon Group chairman, said firm's plan is to go public with a 500 million dirham REIT


Padmini Gupta on the app that aims to help improve the lives of low income workers in the UAE

In the latest of our Business For Good series highlighting the philanthropic work of business families, we speak to the founder of the Rise app aimed at improving the lot of the UAE’s domestic workers


Abu Dhabi landlords expecting stimulus boost will need patience

Residential prices likely to continue falling for 12 months, retail remains under pressure, says JLL


A healthy outlook: What Leejam Sports Company's prospectus tells us about the Saudi fitness centre market

Leejam Sports Company is to sell up to 30 percent of its shares via an initial public offering (IPO) on the Saudi Arabian stock exchange, Tadawul, next month.

Weekly Chart: In an article on Dubai's economic fortunes, Reuters pointed out that Dubai's stockmarket has lagged global emerging market indices so far this year. 

Further reading: Check out our special coverage topics this week:

BUSINESS FOR GOOD:  A series on the families of UAE business leaders and their contribution to the UAE society.

CEO CONVERSATIONS: Business leaders open up to Zawya about their thoughts and strategies for the corporate world.

Our Standards: The Thomson Reuters Trust Principles

Disclaimer: This article is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Read our full disclaimer policy here.

© ZAWYA 2018


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