Northern Powerhouse cities for UAE property investors
While London has always been a firm favourite for Middle East investors, we have witnessed a behavioural shift as investors…
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Why Gulf Banks Are Merging Like Never Before: QuickTake
Abu Dhabi is considering a merger between three of its banks, potentially the emirate’s second tie-up between lenders in just…
GCC distressed debt market needed to clear problem loans, say experts
The development of securitisation laws to allow for banks to package and trade distressed debts is one of a number…
Platform technology provider boasts soaring assets
Assets held on platforms using GBST technology increased to more than £120bn in the six months to the end of…
Qatar first Gulf nation to grant permanent residency to expats
Qatar will soon be the first Arab Gulf nation to allow some of its long-time foreign residents to become permanent…
Dubai’s Abraaj receives $1 bid for fund unit
Dubai’s Abraaj Group has received a bid as low as $1 for its fund unit from private equity firm Actis,…
UNB shares climb for a second day on Abu Dhabi bank merger announcement
Shares of Union National Bank, one of three lenders in the potential big-ticket banking merger in the emirate, rose for…
SAIB’s 2017 Integrated Report receives 4 top industry awards
THE Saudi Investment Bank’s (SAIUB) 2017 Integrated Report has received international acclaim when the winners of the International ARC Awards…
ADB commits $6bn funding for Pakistan
Asian Development Bank (ADB) has committed $6bn in financing for Pakistan's infrastructure developments over the next three years under its…
Turkish Banks to Meet $6 Billion of Financing Deadlines
Turkish banks may have to pay up once again as they rush to meet $6bn of financing deadlines amid the…
EFG Hermes plans to implement 18 deals in 2018: executive management
The investment bank of EFG Hermes has diversified the services it offers over the past period through concentrating on financial…
Minister urges Bahraini talents to explore blockchain technology
Blockchain technology is a ‘true mark of progress’ and Bahraini talents and companies must take full advantage of it, a…