27 suspects charged with Dhs635m fraud
The Abu Dhabi Appellate Court adjourned the case of 27 suspects of different nationalities charged with fraud and stealing Dhs635million…
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QFC focusing on driving FDI inflows to Qatar: Al-Jaida
The country has witnessed “a significant 27% increase” in foreign direct investment (FDI) inflows between 2016 and 2017, according to…
Kingdom Of Bahrain Eyes Global Leadership In Open Banking
Signalling the pace at which the Kingdom of Bahrain is embracing the new era of open banking, in just one…
VIVA, StanChart launch Mastercard, fin services
VIVA Bahrain and Standard Chartered Bank jointly announced introducing an exclusive co-branded card and a deal that allows Standard Chartered…
UAE Central Bank, Saudi Arabia to Develop Joint Cryptocurrency for Interbank Transactions
The United Arab Emirates’ (UAE) central bank is collaborating with the Saudi Arabian Monetary Authority (SAMA) to issue a cryptocurrency…
Building and construction sector vital for realizing ‘New Kuwait 2035’ vision
Deputy Chairman and CEO of the National Industries Company Dr Adel Al-Subaih confirmed that the building and construction sector is…
Kuwaiti investor spends £39m on London office building
International property investors are still choosing to make debut London purchases despite political uncertainty, it emerged on Wednesday as a…
Egypt to have strongest economic growth in Arab world
Egypt is expected to have the strongest economic growth in the Arab world in 2019, economists said on Wednesday, with…
Malaysia's MIDF said to mull merger with Saudi's Al Rajhi
Malaysian Industrial Development Finance, the state-backed lender, is exploring a combination with the local unit of Saudi Arabia’s Al Rajhi…
Abraaj Credit Fund to Be Taken Over by Kuwait's NBK CapitalNBK to make nominal payment to take over fund’s management
Liquidators of the collapsed private equity fund Abraaj Group are close to completing the transfer of its credit fund to…
Doha Bank to cut construction exposure, keep UAE branches – CEO
Doha Bank will cut its exposure to construction companies to 10 per cent from 17 per cent of lending in…
Al Tamimi & Company appoints new Head of Technology, Media and Telecommunications Practice
Al Tamimi & Company, the largest law firm in the Middle East, has appointed Martin Hayward as the new Head…