Saudi Arabia falls for a fourth day on Gulf concerns
Saudi Arabia's stock market dropped for a fourth straight day on Monday as geopolitical concerns in the Gulf region weighed.…
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Bahrain beats London, Silicon Valley on ratio of female startup founders
Bahrain is one of the top 10 startup ecosystems with the largest share of female founders, according to the 2019…
UAE economy grows by 2.2pc in Q1
UAE’s non-oil sector grew 1.6 per cent on year during the first quarter (Q1) of the year, with economic growth…
Saudi Arabia's expat permanent residency to cost US$213,000
Saudi Arabia has said expats can now apply for perminant residency, in a new programme designed to attract foreign investment.…
Saudi Arabia Full member of the Financial Action Task Force
The Financial Action Task Force Plenary Meeting agreed to grant the Kingdom of Saudi Arabia a full membership of the…
New system to curb money laundering in UAE
All financial institutions in the country have to now report any suspicious transactions through “goAML” (Anti-Money Laundering), a newly UN-developed…
UAE economy grows 2.2% in Q1 as non-oil sector maintains momentum
The UAE’s gross domestic product grew an annual 2.2 per cent from a year earlier in the first three months…
Luxembourg-Based Fund Maor Closes First Israel-Focused Fund
Maor GP, a Luxembourg based co-investment fund dedicated to Israeli-related technology, is proud to announce the final closing of its…
Global wealth expansion to support private banking
Rapid wealth generation in emerging markets is lifting many consumers into the middle classes and supporting domestic growth, in turn…
First GCC biogas hub launched in Dubai
The region's first biogas project is set to go online in the next years in Dubai at a cost of…
UAE's biggest lender FAB to shut Qatar operations amid row with Doha
First Abu Dhabi Bank, the biggest lender in the United Arab Emirates, said it will close its sole branch in…
Financial laws compliance is a must for companies in UAE
Full compliance is the only solution for companies in the UAE when it comes to anti-money laundering laws and other…