UAE authorities introduce passporting regime for investment funds
The Emirates Securities and Commodities Authority (SCA), the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM)…
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How finance empowers women in the Middle East
We need more women entrepreneurs. As the female chair of a bank, being outnumbered by Y chromosomes in a boardroom…
Gulf Capital makes senior appointment in Private Debt Division
Gulf Capital, announced that it is expanding and strengthening its executive team with the appointment of Sharaf F. Sharaf as…
Saudi Arabia's New Rules Set to Raise Islamic Tax for Some Banks
Saudi Arabia set out new rules for the calculation of an Islamic tax on banks that’ll result in them paying…
Nine private, foreign banks in Egypt gain net profits of EGP 25.80bn in 2018
A survey conducted by Daily News Egypt on the results of the activities of banks operating in the Egyptian market,…
UAE Central Bank foreign currency assets hit $94.82bln in January
The total foreign currency assets held by the Central Bank of the UAE stood at AED348 bn by the end…
Dubai Chamber whitepaper outlines solutions for key funding challenges faced by startups
Creating a practical guide to help startups navigate the UAE’s funding landscape, allocating more investment for startup incubators and accelerators,…
Abu Dhabi state investor Mubadala halts business with Goldman Sachs amid 1MDB lawsuit
Abu Dhabi state investor Mubadala has suspended new business dealings with Goldman Sachs since its subsidiary filed a lawsuit in…
BlackRock Nominates Bader M. Alsaad to Board of Directors
BlackRock, Inc. had announced that Bader M. Alsaad, former Managing Director of the Kuwait Investment Authority, has been nominated to…
Abu Dhabi hits multi-year peak, blue-chip banks lift Qatar
The Abu Dhabi stock market climbed sharply on Thursday for its biggest one-day gain in nearly three years while Qatar…
CBUAE foreign currency assets hit AED348 bn in January
The total foreign currency assets held by the Central Bank of the UAE stood at AED348 bn by the end…
Government and businesses to accelerate entrepreneurial growth
The region’s best entrepreneurship development initiatives and the most important drivers of entrepreneurial success were in focus at the ‘SME…