06/20/2018

UAE cbank sets new caps on banking fees

The caps have been introduced as part of an amendment to 'Annexure 2' of the 'Regulations Regarding Bank Loans and Services Offered to Individual Customers (2011)', the report added.

06/18/2018

Managing Egypt’s Assets

Planning Minister Hala al-Saeed said the bill gives the fund the authority to establish sub-funds and contribute in similar Arab funds.

06/15/2018

How UAE rate hike will affect businesses, consumers

In short, higher finance rate will make properties more expensive for residents and foreign investors, while the higher cost of bank funding for projects will result in a corresponding price increase from the side of developers.

06/14/2018

‘Dubai leak’ exposes $110m dirty money

The leak has been used to identify 44 properties worth $28.2m (£21m, €23.8m) “directly associated” with individuals named in US sanctions and a further 37 properties worth $78.8m connected to them via their networks.