Clyde & Co represents Credit Suisse on key DIFC Court of Appeal win
The DIFC Court of Appeal has ruled in favour of Credit Suisse in Case No. CA-002-2021 Ashok Kumar Goel and…
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UAE: More residents opting for personal loans; here's why
Demand and appetite for both personal and business loans witnessed remarkable recovery in the first quarter of 2021, according to…
UAE Ministry of Economy starts inspections at brokers, consultants on anti-money laundering compliance
Businesses registered as real estate brokers, auditors and consultants are coming under inspection by the UAE Ministry of Economy for…
GCC Family Offices are often motivated by more than returns – Obediah Ayton
It is best to start with the basics of defining a family office. The term is used so commonly that…
Dubai's Gulf Navigation refinances its biggest loan, eyes Dh4m in savings
In what could be a significant boost to its cashflow position, Gulf Navigation Holding has restructured its biggest loan exposure…
History of banking in the UAE
For anyone considering banking in the UAE, here’s all you need to know about them. Here you can find out…
UAE Government to enforce anti-money laundering rules with AED5m fines
The UAE's Ministry of Economy has initiated inspection campaigns to ensure firms under its scrutiny comply with the registration procedures…
Saudi mortgage finance firm eyes US debut issuance
The Saudi Real Estate Refinance Company, the mortgage finance giant owned by the Kingdom’s sovereign wealth fund, the Public Investment…
Abu Dhabi’s Adnoc and OCI said to hire banks for Fertiglobe IPO
Abu Dhabi National Oil Co. and chemical producer OCI have hired banks for a potential listing of their fertilizer joint…
Emirates NBD Capital records strongest ever quarter in debt capital market
Emirates NBD Capital, the investment banking arm of Dubai-headquartered Emirates NBD, has recorded its strongest ever quarter in the debt…
Kuwait's Agility unit bought by Danish firm in $4.1bln deal
DSV Panalpina said on Tuesday it had agreed to acquire the logistics division of Kuwait's Agility Public Warehousing Co in…
MENA sovereigns: Only Abu Dhabi, Qatar will have fiscal surpluses in 2021
Gulf Cooperation Council sovereigns will experience significant narrowing of fiscal deficits/GDP in 2021, said Fitch Ratings in a report on…