Dubai ruler approves raft of major projects for the future
Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has approved…
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GCC banking sector continues to boast strong balance sheet
GCC Banking sector continues to boast a strong balance sheet coupled with improving margins as seen from 2018 financial results.…
AI Everything Summit kicks off in Dubai
The first-ever AI Everything Summit began in Dubai on Tuesday, organised by the UAE National Programme for Artificial Intelligence, in…
Amazon launches new Middle East marketplace, and rebrands Souq, the company it bought for $580 million in 2017
Editor’s Note: Updates have been made throughout this story to correctly report that Amazon is not shutting down Souq. Rather,…
Schroders develops wealth tool for US bank’s global clients
Global asset manager Schroders has joined forces with US banking giant Citi to unveil a digital tool for the bank’s…
More measures to make Dubai smarter: Aisha Bin Bishr
Dr Aisha Bint Butti Bin Bishr, Director General of the Smart Dubai Office, said her office is talking to “strategic…
High levels of cross-border investment from Middle East into European hotel market to continue in 2019: JLL
JLL, the world’s leading real estate advisory firm, projects that the Middle East will continue to lead investments into Europe’s…
Berkshire Hathaway Eyes Dubai's Distressed Real Estate Market
Warren Buffett’s real estate brokerage sees value in Dubai’s flagging property market and wants to entice wealthy investors. Real…
Wealth clients willing to pay for financial advice, 33% switch providers – study
An increasing number of wealth management clients are willing to pay for financial advice, but what they value is evolving…
BBK discloses its financial results for the first quarter ended 31st March 2019
BBK announced its financial results for the three months ended 31st March 2019. The bank achieved a net profit attributable…
Kuwait's Abyaar Real Estate sells assets in UAE
Abyaar Real Estate Development has started executing a memorandum of understanding with a local bank to settle its financial liabilities…
FAB reports record first quarter 2019 net profit
First Abu Dhabi Bank has reported its financial results for the first quarter ended 31 March 2019 today. Solid…