Kuwait ranks 3rd in GCC inequality ‘distribution of wealth’ for this year
The Gini Coefficient of Income Distribution has revealed that Kuwait’s income inequality for 2018 is 80.9 percent. Credit Suisse…
All Articles
Explore our comprehensive collection of financial insights, market analysis, and wealth management strategies.
47807 articles available
Turkish arm of Abraaj looking for a clean break
In another hit to Abraaj, its Turkish branch is looking to sever ties with the tainted private equity firm, once…
Bahrain raises its game in aviation
Bahrain – the aviation capital of the Gulf in the last third of the 20th century – has had to…
Bank of Beirut acquires Luxembourg-based Fortuna Bank
Lebanese financial group Bank of Beirut has announced the acquisition of Luxembourg-based Fortuna Bank, after an agreement was reached with…
Proximity to Metro pays off for Dubai property owners
Being close the Dubai Metro’s Red Line is paying off for property owners. Prices for apartments within a five-minute…
Kazakhstan keen to attract investments from Qatar
A visit of the Kazakh delegation to Doha has taken place with the assistance of the Embassy of Kazakhstan in…
Qatari firm buys London's Grosvenor House hotel
A Qatari state-backed company is to buy the Grosvenor House hotel on London’s Park Lane, the latest in a string…
Dubai with its first official cryptocurrency exchange
The United Arab Emirates are already in the “bull” graph when it comes to cryptocurrencies and their adoption. Dubai is…
QAB Launches Innovation Lab, Hub
Oman Arab Bank (OAB), launched the Innovation Lab and Innovation Hub event in the presence of Rashad al Musafir, CEO,…
Hesitant policies are seen holding back Islamic finance growth in Egypt
The decision of Egypt’s newly appointed Finance Minister Mohamed Maait to issue the first-ever international sukuk in the country’s next…
QNB hosts Institute of International Finance seminar
QNB Group, the largest financial institution in the Middle East and Africa, recently organized an economic seminar in cooperation with…
Bank ABC reports 5pc growth in net profit
Bank ABC (Arab Banking Corporation) reported a consolidated net profit, attributable to the shareholders of the parent, of $159 million…