Turkish Journalist Sentenced To Prison Over Paradise Papers’ Investigation
Turkish journalist Pelin Ünker has been sentenced to jail over the Paradise Papers investigation after being found to have defamed…
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Commercial Bank of Dubai to take control of Abraaj assets secured against loan
Commercial Bank of Dubai, which lent around $170m to Abraaj, will take stakes in the troubled private equity firm’s funds…
‘People are leaving’: Gulf investors wary after Khashoggi murder and British 'spy' detention
Months of often self-inflicted political gyrations culminating in the global uproar over the murder of journalist Jamal Khashoggi have waylaid…
Bahrain takes the lead on 'open banking' in the Middle East
Retail banks operating in Bahrain have until the end of this month to outline how they intend to the implement…
Objectway Delivers New Integrated Digital Front-End Solutions for BNY Mellon’s Pershing
Objectway has announced its ongoing collaboration with BNY Mellon’s Pershing to deliver Pershing's new integrated front-end solutions: Pershing Nexus Wealth®, …
Central Bank issues coins on Asian Cup
The Central Bank of the UAE has announced that it will be issuing a commemorative silver coin and a commemorative…
Andersen Tax Expands in Turkey
Andersen Global has nnounced an expanded presence in Turkey as local member firm, Andersen Tax, opens a fifth office in…
Over 3,000 expats' contracts to be terminated in Kuwait
Kuwait's health ministry if cutting off 3,707 foreign workers aged over 55 as the country pushes forward its Kuwaitisation reforms.…
Mark Mobius doesn’t think anyone should be investing in Saudi Arabia
Now is not a good time to put your money in Saudi Arabia, heavyweight emerging markets investor Mark Mobius believes. …
UAE's higher spending to shore up economic growth in 2019
The UAE’s consolidated government spending for 2019 is significantly higher than last year and is expected to support economic growth…
Middle East to lift emerging market sovereign debt this year, Morgan Stanley says
Sales of hard currency debt issued by developing nations should bounce back this year after a torrid 2018 for emerging…
Bahrain beats UK and USA as second best country for expats to work
Bahrain is the second best country in the world for expats to work according to a new survey from HSBC.…