GCC sovereigns will continue to run fiscal deficits, says Moody's
Economic reforms unveiled by the countries of the GCC has slowed the fiscal deterioration caused by lower oil prices, although…
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Waha Capital reports Dh124 million Q2 2019 net loss
Waha Capital PJSC on Wednesday announced its half-year financial results, showing a Dh182.2 million net loss for the first half…
Middle East M&A deals value surges 73% despite global slump
While the value of global merger and acquisition (M&A) activity falling by 12 percent in the first half of 2019,…
Qatar says economic growth to accelerate in 2019-2020
Qatar's economic growth will accelerate over the next two years amid expectations of stable oil prices and continued strong exports,…
Prosecutors add fraud charges to former Barclays executives accused in Qatar case
Three former top Barclays executives due to stand trial over the bank’s deals with Qatari investors during the financial crisis…
UAE's IBC eyes $5bn deal to acquire 10,000 Dubai holiday homes
UAE-based IBC Group announced on Wednesday that it intends to acquire 10,000 properties in Dubai to furnish and manage as…
Insurance, banking and industrials counters witness selling pressure on QSE
The Qatar Stock Exchange on Wednesday reopened after Eid holidays with more than 159 points decline, mainly on higher than…
QFPay raises $20mln in its latest round of funding from an all-star roster of investors
A leading digital payment technology company, QFPay has established business presence in 13 markets across Asia and Middle East…
CBK honors MoF regulations in bid to combat tax evasion.
The Central Bank of Kuwait had set a deadline of Thursday for local banks to send information about Kuwaitis and…
Most major Gulf markets open higher after Eid break
Most major Gulf markets traded in positive territory on Wednesday after the Eid holiday, taking their cue from global equity…
CBB issues rules for insurance aggregators
Rules on insurance aggregators have been finalised in Bahrain paving the way for ‘insurtech’ businesses. The Central Bank of…
BBK to launch e-remittance on MaxWallet
BBK plans to launch an electronic remittance service through MaxWallet in collaboration with CrediMax and Mastercard International. The bank…