Saudi company sues Natwest over ‘$5m scam’
A Saudi engineering business that claims it was tricked into sending $5 million to a Natwest bank account at a…
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Wealth planning in the UAE: trust or foundation?
Foundations are established in the UAE to provide families with a local solution to managing their wealth, protecting their assets…
Strategic pension reforms rethink by Bahraini lawmakers
Six new urgent reforms that require legislators’ consent have been presented by the government in a bid to prolong the…
Trust funds for all
It is far from certain whether the post-pandemic recovery will be a lasting one that results in more sustainable and…
Crédit Agricole proud of about 50-year operation in Egypt: Country Managing Director
Crédit Agricole considers Egypt an important market with excellent potential and tremendous investment opportunities across several sectors, says Crédit Agricole…
Masraf Al Rayan half-yearly net profit surges to QR1.08bn
Masraf Al Rayan posted a net profit of QR1.08bn for the six months that ended in June, up 0.5% compared…
Turkey moving forward to broaden its Islamic finance base
The Covid-19 pandemic has led to a situation in Turkey which prompted economists and financial experts to think about the…
Banks’ profitability not hit by CBB Covid-19 measures
Measures announced by the Central Bank of Bahrain (CBB) to mitigate the financial impact of Covid-19 on companies and individuals…
COVID-19 relief: Saudi Arabia allows businesses to delay loan payments for a year
Saudi Arabia will put off private sector loan payments for a year to reduce the impact on businesses from the…
Ahead of the Dubai real estate pack
Medallion Associates is a Dubai-based private real estate investment firm that offers advisory services, asset management, financing and development. …
Government of Sharjah hires banks for 30-yr Formosa bonds – document
Sharjah, the third-largest emirate of the United Arab Emirates, has hired banks to arrange the issuance of U.S. dollar-denominated 30-year…
Jersey agrees business initiatives with UAE
The Minister for External Relations, Senator Ian Gorst, has today hosted a webinar on growth and partnership opportunities between the…