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Regulators alone can’t enforce true corporate governance

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The regulator is doing its part and the laws are there to ensure adherence to corporate governance. But funds and its managers will take on more direct responsibility to ensure this is so. Image Credit: Gulf News Archive The 2008-09 financial crisis helped to expose many shortcomings in corporate governance practices, especially in the alternative[…]

Making the young feel at home in workplaces

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The rush towards a all-digital economy will create a need for new job skills. The young can take up most of these positions, but they will still need some hand holding. Image Credit: iStockphoto Insights into emerging employment opportunities in the GCC and the specific skills required by candidates for each role are available through[…]

Mansion Global Daily: The Appeal of Cricket Fields, Housing Market in Europe Shows Signs of Life, and More

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Want a Strong Return on Investment? Consider Buying Near a Cricket Ground Rugby stadiums, on the other hand, are the worst stadium-adjacent property investments in the U.K., according to StripeHomes. Read More BY THE NUMBERS TRENDING TODAY LISTING OF THE DAY A Contemporary Home in Mallorca’s Beautiful Mountains The house is in a secure residential[…]

Mideast Stocks – Kuwait falls on broad-based losses, property shares hit Dubai

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In Kuwait, the index slid 3% as all its constituents ended in negative territory, including Kuwait Projects Company, which was down 2%. Kuwait’s 91-year-old ruler Emir Sheikh Sabah al-Ahmad al-Sabah was admitted to hospital on Saturday for medical checks and underwent successful surgery on Sunday morning. His office, in a statement carried by state news[…]

Ascott signs global agreement with Bureau Veritas

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The Ascott Limited, one of the leading international lodging owner-operators, has entered into a global agreement with a world leader in testing, inspection and certification, Bureau Veritas, to certify the hygiene and safety standards of its properties worldwide.   As the first serviced residence owner-operator to enter into such an agreement, Ascott has embarked on[…]

Dubai developers start offering payment deferments to offplan buyers

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Developers in Dubai have a better grip in handling the payment situation created by the COVID-19 crisis than in 2009, when buying activity just vanished. (Picture used for illustrative purposes only.) Image Credit: Gulf News Archive Dubai: Offplan property owners are starting to get deferments on their upcoming instalments, as more developers in Dubai realise[…]

Kuwait index falls, property shares hit Dubai – Markets

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DUBAI: Dubai’s stock market ended lower on Wednesday, dragged down by property shares, while the Kuwaiti index dropped to a 9-week low as investors shunned stocks across the board. Saudi Arabia’s benchmark index added 0.1%, with Saudi Telecom Company rising 2.3% and Al Rajhi Bank up 0.4%. After trading hours, Saudi Telecom reported a second-quarter[…]