United Real Estate Company S.A.K.P. (UREK.KW)

United Real Estate Company - Jordan Completes Buying Abdali Mall Company Shares

This deal came as part of an asset exchange between URC - Jordan and Abdali for Investment & Development Company, whereby URC has given up 40% of its stake in Abdali Boulevard Company, in return for the full acquisition of Abdali Mall Company

URC issues bond with KAMCO acting as Sole Manager & Arranger

The bond is comprised of two tranches.

Marina Hotel Kuwait wins 5 medals at HORECA Kuwait 2018

UGB Announces Results for the Nine Months of 2017

Bahrain– United Gulf Bank B.S.C. (Closed) (“UGB”) today announced a net profit attributable to shareholders of parent of US$ 8.3 million for the nine months ended 30 September 2017 compared to US$ 5.9 million in the same period last year. Key Financial Highlights:Net profit attributable to shareholders of the parent of US$ 8.3 million (Sept 2016: US$ 5.9 million)Net consolidated profit of US$ 11.0

Kuwait's KIPCO Group trains 500 students under the umbrella of INJAZ-Kuwait

Thirty-seven volunteers from the KIPCO Group trained 530 students in 14 training programs.

China Evergrande lines up funds for interest payment to avert default - source

The person said Evergrande remitted $83.5mln to a trustee account at Citibank on Thursday

U.S. existing home sales surge to 8-month high in September

Demand for housing surged early in the coronavirus pandemic

Dar Al Arkan and Qetaifan projects partner to develop premium sea-front project on Qetaifan Island

 NorthProject marks Dar Al Arkan's entry into the growing Qatari market

Banan Real Estate's shareholders nod to H1-21 dividends

Banan Real Estate will later announce the distribution date

Sidra Capital acquires landmark property facing Buckingham Palace

The 33,000 sq ft freehold property is the closest commercial office space to Buckingham Palace

Dollar set for second week of declines but outlook bullish

The dollar index edged 0.1% lower to 93.61, putting it on track for a second straight week of falls

Sterling dips after retail sales miss forecasts

Against the euro the pound traded 0.2% lower at 84.49 pence

UAE's ADNOC offers 6 LNG cargoes for April-Sept - sources

The cargoes are for loading between April and September, one of the sources said

Oil prices drop; Brent on track for first weekly dip in seven

Brent crude futures dropped 48 cents, or 0.6%, to $84.13 a barrel

Gold set for second week of gains on softer dollar

Spot gold rose 0.2% to $1,786.53 per ounce