FDI inflows to Bahrain rise 6% to $1.5bln
Inflows of foreign direct investment to Bahrain rose six per cent in 2018 to $1.515 billion taking a 4pc share…
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DIFC rolls out ‘crucial’ insolvency law in cross-border move
The Dubai International Financial Centre has enacted a new insolvency law which it said meets international best practice guidelines. …
Aldar launches Dh1.7bn residential development for Emiratis
Aldar Properties, Abu Dhabi’s biggest listed developer, launched a Dh1.7 billion residential project. It is the developer’s third this year,…
East Capital boosts global investment teams with raft of new hires
East Capital has announced new appointments across thre international offices. Jakob Wikander has joined as Portfolio Manager responsible for…
A £1m Dubai dream home buys backdoor EU entry
Investors who buy property in Dubai are being offered a backdoor into Europe, in a scheme that critics say poses…
Second Merger Wave May Hit U.A.E. Lenders as Industry Shrinks
Banks in the United Arab Emirates may go through a second wave of consolidation as lenders seek to improve profitability…
GHD Advisory appoints leader for UAE
GHD Advisory, part of global professional services company GHD, has named Salma Bin Breik as Advisory Leader – UAE to…
Insurance premiums in Bahrain grow 6% in 2018
Insurance premiums in Bahrain grew by six per cent year-on-year to BD284 million as of the end of 2018, due…
Citi issues call for entries to Mena Fintech Challenge
Citi announced today the launch of the Citi Middle East and North Africa (MENA) Fintech Challenge. The Citi MENA…
UAE's Sharjah Islamic Bank readies capital-boosting dollar sukuk
United Arab Emirates' Sharjah Islamic Bank is expected to issue U.S. dollar-denominated sukuk, or Islamic bonds, by the end of…
Saudi-GCC trade surges 20% YoY in Q1
The trading exchange between Saudi Arabia and the UAE, Bahrain, Kuwait, and Oman declined by 19.11% year-on-year during the first…
Mideast UHNWIs pour $3.3bn into London real estate market
With speculation continuing around a potential 'Hard Brexit or 'no Brexit, Middle East's Ultra High Net Worth investors are continuing…