ENBD REIT registers $255mln net asset in Q1
ENBD REIT Plc, the Shari’a compliant real estate investment trust managed by Emirates NBD Asset Management Limited, on Thursday announced…
All Articles
Explore our comprehensive collection of financial insights, market analysis, and wealth management strategies.
47799 articles available
Zurich appoints new CEO foe EMEA
Zurich, the Swiss-based international insurer, is marking its role as a leading provider of life products in the Middle East…
MidEast's first blockchain KYC data-sharing consortium launched in Dubai
A new alliance involving Dubai International Financial Centre Mashreq Bank and fintech firm Norbloc will launch the Middle East region’s…
UAB sees 68% plunge in profits as revenues fall
United Arab Bank reported on Wednesday a 68 per cent plunge in its net profit for the second quarter of…
QIB takes top spot at Global Finance ‘World’s Best Consumer Digital Banks’ awards
Qatar Islamic Bank took centre stage at the ‘Global Finance Magazine Awards for the Best Consumer Digital Banks in the…
Mubadala Ventures invests in Abu Dhabi crypto exchange
The venture capital arm of Mubadala Investment Company has taken a stake in MidChains, a company which recently gained approval…
As Fed cuts interest rates UAE and other GCC central banks follow suit
The Central Bank of the UAE and other Gulf regulators cut benchmark interest rates following the US Federal Reserve's decision…
Bahrain crypto exchange Rain secures MidEast's first licence
Bahrain-based cryptocurrency exchange, Rain, announced on Wednesday that it has acquired a licence from the central bank and has closed…
Dubai's biggest bank completes deal to buy Turkey's DenizBank
Emirates NBD Bank and Sberbank of Russia announced on Wednesday the completion of a deal that sees Dubai's biggest lender…
Financial package agreed for largest wind farm in Middle East
EDF Renewables and Masdar have reached a deal with Saudi and international banks to finance the Middle East’s largest wind…
The Firm That Wrecked Private Equity for the Middle East
The collapse of Abraaj Group didn’t just kill the private equity firm Arif Naqvi built in Dubai. It ruined the…
Statement from Central Bank of the UAE
The Central Bank of the UAE has announced that, effective, Thursday 1st August 2019, it will lower interest rates applied…