Saudi Arabia ‘has deposited $334m in Jordan’s central bank’
Saudi Arabia has deposited $334 million in Jordan's central bank and is working with Kuwait and the UAE for more…
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UAE- ADIB named Best Islamic Bank in the Middle East at EMEA Finance Middle East Banking Awards
The Abu Dhabi Islamic Bank was named "Best Islamic Bank in the Middle East" and "Best Islamic Bank in the…
UAE banks propose $5.1bn of dividends
Dividends of Dhs18.7bn ($5.1bn) have been proposed by 18 listed UAE banks – up 12.2 per cent on the previous…
Trade Bank of Iraq wins two top finance awards
Trade Bank of Iraq (TBI) has been presented with two prestigious financial industry awards in recognition of its ongoing work…
Egypt publishes framework of Sovereign Wealth Fund
Egypt published the regulations of the state’s Sovereign Wealth Fund (SWF) in the Egyptian Gazette, which marks the start of…
Kuwait mulls Dh36.7 billion fund with China to invest in projects related to Silk City, islands development
Kuwait is planning to create a $10 billion (Dh36.7 billion) fund with China to invest in the two countries, according…
40% UK Inheritance Tax: What Omani Investor must know
Properties in the UK, particularly London, have always been popular with investors from the Gulf including Oman. Foreign investors…
Asia to drive global economic growth
The UAE’s strategic location makes it the ideal hub to revitalise and strengthen intra-Asia trade corridors, says H.E. Sultan bin…
Growth in UAE economy to outshine those of other Gulf countries, thanks to non-oil sector
The UAE’s economic growth in 2019 is projected to top overall growth across the Gulf Cooperation Council (GCC) region, largely…
EU set to remove Saudi Arabia from blacklist
The adoption of a European Union money-laundering blacklist which includes Saudi Arabia could be blocked after virtually unanimous opposition from…
Dubai regulator says Abraaj collapse may spur oversight changes
The Dubai Financial Services Authority could make changes to its oversight procedures following last year's collapse of private equity group…
New legal practice launched
Two well-established UAE law practices have partnered to create a new law firm, offering independent legal solutions to businesses in…