Saudi Arabia's sovereign wealth fund denies link to Capco deal talks
The Saudi Arabian Ambassador has quashed reports his country’s sovereign wealth fund is backing property tycoon Nick Candy’s potential bid…
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Digital currencies cannot be wished away
After the US came out strongly against the issuance of Facebook’s digital currency Libra, many believed this trend was dumped…
UAE's Insurance Authority rolls out new life insurance regulations
The UAE Insurance Authority rolled out new regulations for life insurance and family takaful, which will see greater disclosure for…
Public sector credit demand to boost UAE lending
Credit demand from the government and public sector enterprises will fuel lending growth in the UAE in 2019 and 2020…
GCC countries likely to introduce direct and indirect tax in the near future
Tax experts in the region have confirmed that new taxes are expected to be applied on wealth and property, as…
Portfolio investments remain key drivers of GCC capital inflows
Non-resident capital inflows to the Mena region are projected to rise from $165bn last year to $200bn in 2019 before…
Doha Bank appoints Gudni Stiholt Adalsteinsson as Chief Treasury & Investment Officer
As part of Doha Bank’s wider strategy to bring professionals with extensive international experience and expertise to the firm in…
New Qatari graduates join HSBC
HSBC Qatar has welcomed this year’s intake of eleven young Qatari graduates who will join the business teams to start…
UAE's non-oil growth to accelerate to 3 per cent next year, IMF forecasts
Economic activity in the UAE, the second-biggest Arab economy, is recovering and is likely to gain momentum next year, according…
Emaar homes emerge star attraction for buyers in 2019: report
Emaar Properties’ homes, both off-plan and in the secondary market, were traded the most in Dubai in the first nine…
UAE bank launches new digital platform to support SMEs
The National Bank of Ras Al Khaimah, better known as Rakbank, has launched a new digital platform to support small…
Emirates Islamic: "The time for Islamic banking to come to the forefront of the finance sector is now"
The 2019 edition of the ISLAMIC BANKING INDEX by EMIRATES ISLAMIC™ demonstrates significant progress made by the Islamic banking sector…