Abu Dhabi property sales set to increase in H2 2020
Sales volumes in Abu Dhabi’s real estate market are expected to rise in the second half of 2020, as developers…
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Region’s first global digital security capital raise from the DIFC
Dubai International Financial Centre, the leading global financial centre in the Middle East, Africa and South Asia region has announced…
Lebanon hires US firm for central bank probe
The Lebanese government has hired Alvarez & Marsal, a New York-based professional services firm, to carry out a forensic audit…
Optimism about personal finances is on the rise among UAE residents
The appearance of the Covid-19 pandemic has turned our familiar world upside down within a span of few months. YouGov’s…
Mashreq posts Dh535m net profit for first half of 2020
Mashreq on Wednesday reported a net profit of Dh535 million for the first half of 2020 down 56.2 per cent…
Time ripe for banks to move towards green loans: BAB
The exceptional circumstances inflicted by the Covid-19 pandemic and its repercussions on business offer a favourable opportunity for banks to…
BpiFrance seeks more Gulf investors for its LAC I fund
Bpifrance, a French national investment bank, is now ready to deploy 4.2 billion euros ($4.8 million) that has been successfully…
The top Microsoft partners in the Middle East & North Africa
Microsoft has unveiled the consulting firms and digital transformations firms that have won a Partner of the Year Award. Meet…
Region's first: Dubai's DIFC-based GRIP to raise $10mln via digital securities
Dubai's DIFC-based investment banking and wealth management firm, will commence raising $10 million for a Japanese client on July 27,…
Kerzner International announces new strategic leadership
Kerzner International Holdings Limited has announced a restructure of its strategic leadership team. Michael Wale, who has held the…
Dubai Islamic Bank reports $571.73mln H1 net profit
Dubai Islamic Bank has reported a net profit of AED2.11 billion ($571.73 million) for the first half of 2020, down…
Ooredoo Kuwait reports revenue of KWD 294 million for the first half of 2020
National Mobile Telecommunications Company K.S.C.P “Ooredoo” has announced its financial results for the half year ended 30 June 2020: Revenues…