New 100% investment law redefines UAE's business landscape
The new UAE investment law, which allows up to 100 per cent ownership to foreign investors in some specific onshore…
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Saudis, Chinese Eyeing Tajikistan’s Biggest Bank: Reports
Tajikistan’s largest bank, the Finance Ministry-owned Tojiksodirotbank, was in talks with several potential buyers, including a Saudi group that made…
Dispute Over $500M Frozen In Dubai Inches Towards Resolution, As Kuwaiti Emir Watches From Sidelines
A dispute involving $496m belonging to a Kuwaiti investment firm which has been frozen in a bank account in Dubai…
Bahrain Islamic Bank appoints Head of the Bank’s Central Operations department
Bahrain Islamic Bank (BisB), the leading provider of Sharia compliant integrated financial solutions, had announced the appointment of Eman Ali…
Bank brokerages top in QSE trading turnover in 2018
Commercial banks' brokerage businesses displayed a robust performance compared with that of the conventional entities during 2018, indicating the increased…
Eman Ali Abdulla to head BisB’s Central Operations
Bahrain Islamic Bank (BisB), a provider of Sharia-compliant integrated financial solutions, has named Eman Ali Abdulla Ebrahim as the Head…
Kuwait’s non-oil growth seen at 3% in 2019; fiscal position solid
Kuwait’s economic performance has steadily improved over the past two years, and the outlook for growth remains broadly encouraging. The…
View from the Gulf: Overcoming Succession Fear Itself
The Gulf has seen transition planning become a key area of focus in recent years. Across the region, transition-friendly systems…
UAE begins implementing 10-year visa for expats
The UAE cabinet has begun the implementation of 100% foreign ownership and 10-year residency visas for expats, investors and entrepreneurs.…
Bidaya Home Finance successfully completes its series 2 Sukuk issuance
Bidaya Home Finance ("Bidaya") has successfully completes its Series 2 Sukuk issuance under the recently established SAR 500 million Sukuk…
2018 wraps up with 27 funding rounds for Israeli firms
December 2018 didn’t see any mega investments for Israeli companies but funding activity was brisk. Here we bring news of…
REIT turn: Saudi sees surge in listings, but market performance is tough
The market for real estate investment funds (REITs) in Saudi Arabia saw strong growth in 2018, with the number of…