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.

Pandemic highlights the growing importance and surge in popularity of branded residences

COVID-19 likely to impact near-term supply and long-term design of housing around the world  

UAE-based Farnek wins 3-year contract from Dubai Developments

Firm will deliver facilities management services to several buildings around Dubai

Muscat residential rental market set to become more tenant-friendly

Expert warned that the sector is expected to continue to face pressure owing to the pandemic and economic slump

Golden Coast sees changes in shareholding structure

Ali Mahogub raised his stake in the company capital from 14.5017% to 16.7630%

Housing units in Bahrain on track

Work on East Hidd Town project is on track

Algeria tells traders relaxing some bug damage rules for wheat

Traders said they have received changed tender terms in a document from OAIC saying the agency will increase its tolerance level for 12.5% protein wheat to 0.5% bug (insect) damage in purchase tenders

Taiwan's CPC buys 1.5mln bbls Upper Zakum crude via tender -sources

The cargoes were purchased at premiums of between 10 and 20 cents per barrel to its official selling price

Equity funds enjoy biggest weekly inflows since March 2018 - BofA

A whopping $58.9bln left cash funds and gold saw its first first outflow in four months of $400mln

Dollar set for weekly loss as economic confidence sags

The dollar was last quoted at 92.923 against a basket of major currencies, on track for a 0.3% weekly loss

Stocks rally but lacklustre without fresh stimulus

MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.4% to head for its first weekly gain in three weeks