UBP's Saudi Setback
The Genevan wealth manager is grappling with a hefty claim for damages from a major fraud scandal. After a years-long…
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Can Dubai enter the premier league of financial centres?
The deal to normalise relations between Israel and the United Arab Emirates (uae), announced on August 13th, was a diplomatic…
'Tough' months ahead for Dubai's property market: DAMAC CEO
The coronavirus pandemic has somewhat eased Dubai’s oversupply problems, but the months ahead will remain tough for the emirate’s real…
Kuwait passes law to protect ailing companies, attract investors
The Kuwaiti parliament has approved a law to increase protection for troubled businesses and provide two new options before they…
QC Environment Committee reviews proposals to regulate waste recycling and treatment
Qatar Chamber’s Environment Committee, a subsidiary of Food Security and Environment Committee, held a meeting at the Chamber’s venue to…
Saudi crude exports plunge in June to lowest on record
Crude exports from Saudi Arabia, the world's largest oil exporter, extended a decline in June to the lowest on record,…
Solid growth in manufacturing sector drives Qatar’s industrial production index up in June
As the coronovirus restrictive measures in Qatar and other parts of the world have started easing in a phased manner,…
QDB extends coverage period of National Response Guarantee Program
In implementation of the directives of the Amir HH Sheikh Tamim bin Hamad Al-Thani to support and provide financial and…
Eshraq Investments buys back 5m shares to give stock a boost
Abu Dhabi’s Eshraq Investments confirmed that it has bought back 5 million of its shares, representing 10 per cent of…
Saudi wealth fund PIF launches real estate company Roshn
Saudi Arabia's wealth management giant Public Investment Fund has launched a new real estate company to build "world-class" integrated communities…
COVID-19: World Bank chief warns extreme poverty could surge by 100m
The coronavirus pandemic may have driven as many as 100 million people back into extreme poverty, World Bank President David…
Al Salam Bank-Bahrain launches new mobile application
Al Salam Bank-Bahrain last week marked the beginning of an exciting new chapter in its ongoing journey towards digitisation with…