How has the wealth management space fared in the GCC?
“When money realises that it is in good hands, it wants to stay and multiply in those hands,” author Idowu…
All Articles
Explore our comprehensive collection of financial insights, market analysis, and wealth management strategies.
47882 articles available
ADIB provides AED 91 million financing for UAE-based client to acquire UK Business Park
Abu Dhabi Islamic Bank has provided AED 91 million (£18.9 million) in Sharia’a-compliant structured financing for a private UAE-based client. …
Dubai developer Nakheel appoints new CEO
Dubai-based developer Nakheel has appointed Naaman Atallah as its chief executive officer. Atallah, who was most recently working as…
Aldar Properties’ Noya project sold within four hours of launch
Abu Dhabi’s property developer Aldar Properties has confirmed that its residential community Noya, situated on Yas Island, was sold out…
UAE banks' profits deteriorate; bad loans likely to go up
Profits of UAE’s top banks continued to deteriorate in the second quarter of the year as interest rates and credit…
Abu Dhabi’s Etihad and El Al Israel sign MoU to cooperate on codeshare and loyalty programme
Etihad Airways, the national airline of the UAE, and El Al Israel Airlines, the national carrier of Israel, signed an…
UAE’s Fruitful Day raises over Dhs3m to fund expansion
UAE-based fresh food delivery company Fruitful Day, has raised more than Dhs3m in investments, over two consecutive rounds of financing…
Saudi Aramco targeted by climate action investor group
Climate Action 100+, a leading investor group pushing corporations to act on climate change, has added Saudi Aramco to its…
Kuwait International Bank sells $300 million sukuk: Document
Kuwait International Bank sold $300 million Tier 2 sukuk, or Islamic bonds, on Tuesday at 2.375% and received more than…
Turkey hikes rates to rescue lira
Turkey’s central bank hiked interest rates on Thursday to support its battered currency. The regulator raised its benchmark rate…
Oman Arab Bank launches debt exemption initiative for defaulting borrowers
On the occasion of the 50th National Day, Oman Arab Bank (OAB) has written off over 150 defaulting loans. This…
Online portal for UAE economic substance regulation notification
The United Arab Emirates authorities have confirmed that notifications and annual reports due under its new Economic Substance Regulations (ESRs)…