Bahrain expected to raise $2 billion in three-tranche bond sale
Bahrain is expected to raise $2 billion in a three-tranche bond sale on Wednesday, a document showed, as it seeks…
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Abu Dhabi, Aldar Properties to develop capital projects worth $12.25bln
The Abu Dhabi Executive Council has approved a framework between Abu Dhabi Government and Aldar Properties for the development of…
Emirates NBD sees increased remittances via 60 second DirectRemit service
Emirates NBD has recorded an increase of over 20% in the number and value of funds transfers via its DirectRemit…
Sharjah Islamic Bank achieved a net profit of AED 405.8 million for the year 2020 and propose 8% cash dividend
Sharjah Islamic Bank has reports an increase in its operating profits before provisions by 8.7%, amounting to AED 697.7 million,…
Deutsche Bank appoints Thamer Saleh Alsedais as general manager of its Saudi Arabia branch
Deutsche Bank has announced the appointment of Thamer Saleh Alsedais as General Manager of Deutsche Bank AG Riyadh Branch in…
Women add $5trln to global wealth and control 32% of wealth: Experts
Legal and social barriers that exist for women’s access to jobs is costing the MENA region $575 billion. According to…
The ultra rich are lining up to pay $55,000 to fly in a private jet to the UAE or India and get the Covid vaccine way before all of us
If 2020 was the year of the coronavirus pandemic, 2021 is the year of the coronavirus vaccine. The super-rich…
Egypt aims to achieve comprehensive digital transformation of all non-banking financial activities: FRA
Financial Supervision Authority is currently aiming to achieve a comprehensive digital transformation based on the use of modern technology and…
FAB launches 2021 Global Investment Outlook Report
First Abu Dhabi Bank the UAE’s largest bank and one of the world’s largest and safest financial institutions, has published…
Tax authorities should engage with businesses and their supply chains
In 2017, the Gulf Cooperation Council countries agreed and announced the first-ever Value Added Tax (VAT) framework to allow member…
Alizz Islamic Bank appoints new Sharia Supervisory Board
Alizz Islamic Bank recently announced the appointment of a new Sharia Supervisory Board. Sheikh Dr Essam Khalaf Al Anzi was…
Ominvest's net profit rises to OMR33.7 million
Oman International Development and Investment Company SAOG , one of the oldest and the largest investment company in the Sultanate,…