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.

Dubai real estate fund ENBD REIT faces 'significant pressure'; asset value falls

Net asset value lowered by $32mln in September due to COVID-19 slowdown

Bahrain Housing Ministry begins distribution of homes in East Hidd

East Hidd project is one of the main pillars of the ministry’s programme to implement His Majesty King Hamad’s order to construct 40,000 units

Seven Tides to celebrate UAE National Day with rent-free promotion

Luxury developer to offer two months' free rent in Discovery Gardens & the Residences at Ibn Battuta Gate

Arabian Centres amends "U Walk Jeddah" land lease contract

The total value of land rent over the course of the contract has been reduced by $166mln

Amlak redeveloping Isa Town markets in Bahrain

The project is set to be completed by November 14 next year

COVID-19 vaccine adoption rates are 'wildcard' for U.S. stock rally

Investors will get the latest U.S. economic snapshot with data next week, including the monthly employment report

Oil prices post weekly gain ahead of OPEC+ meeting

Brent crude January futures rose 38 cents to settle at $48.18 a barrel

OPEC+ panel's informal online talks postponed to Sunday

OPEC+ is debating whether to ease oil output cuts from Jan. 1, as it previously agreed, or to continue producing at the same rate amid sluggish oil demand and the fallout from the coronavirus pandemic

Dollar falls to lowest level in almost 3 months as investors flock to risk

The dollar was last down 0.24% against a basket of major currencies after hitting $91.756, the lowest since September 1

Chinese banks to suspend new precious metal account openings

Industrial and Commercial Bank of China said in a notice on its website it would suspend the opening of new individual gold, silver and other precious metal investment trading accounts from Saturday via all channels, including over-the-counter and online or mobile banking