UAE approves record budget
The UAE government approved a zero-deficit 60.3-billion dirham ($16.4 billion) budget for 2019 on Sunday, up 17% from this year’s…
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GCC bond performance fuels foreign investors’ appetite
The GCC bond market is witnessing an increasing interest from foreign investors. The regional bond market has seen a surge…
Mideast funds less positive on equities
Middle East funds have become less positive toward regional equities, particularly in Egypt, because of concern about instability in emerging…
Bank ABC appoints Group Head of Corporates
Reporting to Jonathan Robinson, Group Head of Wholesale Banking, Amr will be responsible for overseeing Group Corporate Coverage and driving…
Dubai premium office space 'in big demand': Report
Dubai continues to generate strong demand for premium office space, according to new data released by global real estate consultancy…
Qatar's emir to seek increased trade in tour of Latin American countries
Qatar's Emir Tamim bin Hamad Al-Thani will visit Latin America on Monday, the state news agency reported on Saturday. …
Bahrain's Al Baraka launches Islamic digital bank in Germany
Albaraka Turk introduced the “insha” project to provide digital banking services in Europe, at an exclusive meeting in Germany amidst…
Internal audit needs to go digital
The ongoing era of digital transformation taking place in the region promises profound change and great opportunity, but it also…
'Luxury' student accommodation sold to Middle Eastern bank
Ernest Place, a 362-bed block of accommodation next to Tesco Extra, in Gilesgate, Durham has been sold to Ahli United…
Crowdfunding: A new way of closing the financing gap for SMEs and entrepreneurs in Saudi Arabia
In Saudi Arabia, policies and regulations, access to finance, and acquiring talent are among the biggest challenges facing entrepreneurs when…
Saudi Arabia expects $11 billion inflows from JP Morgan bond index entry
Saudi Arabia said it expects inflows of around $11 billion into the country’s debt as a result of the inclusion…
Slowing GCC issuance stalls global sukuk market
The global sukuk market is going through a significant slowdown in issuance and the trend is likely to continue into…