Saudi Billionaire Resumes His Global Deal-Making
Saudi Prince al-Waleed bin Talal’s $500 million spending spree on technology firms this week marks the billionaire’s return to international…
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Nirav Modi spotted in Dubai, may be in Egypt now
Diamond merchant Nirav Modi’s last location was traced to Dubai recently but intelligence agencies have since lost track of him.…
UAE's RERA, Dubai Commercial Bank sign agreement
The Real Estate Regulatory Agency, RERA, at Dubai Land Department, signed a partnership agreement with Commercial Bank of Dubai, CBD,…
KPMG in Qatar brings in Swiss native to head up its tax division
KPMG in Qatar has appointed ex-EY international tax veteran Barbara Henzen as its new head of Tax and Corporate Services,…
Al Baraka to offer Islamic Banking know-how in new geographies
Al Baraka Banking Group B.S.C. recently announced yet another plan to expand the footprint of Islamic Banking into new geographies,…
BD150m government bonds listed on bourse
New Government Development Bonds, issued last Sunday to raise BD150 million, can be traded at Bahrain Bourse (BHB) under the…
Coming of age digitally
As businesses mature digitally, they stand apart from rivals. A survey by MIT SMR and Deloitte found digitally mature companies…
Saudi Aramco, Malaysia's Petronas tap banks for jumbo financing – sources
Saudi Aramco and Malaysia's Petronas have approached banks to replace a short-term $8 billion loan raised earlier this year for…
Middle East Demand for World Bank Financing Rises to $6.3BN in 2018
The World Bank responded to strong demand from countries in the Middle East and North Africa (MENA) region for development…
GIB continues to strengthen KSA presence
GIB is now in its final stages of completing the necessary steps to convert its branches into a locally incorporated…
Downgraded Bahrain banks to find funding expensive
Rating agency Moody’s Investors Service has downgraded four Bahraini banks in line with its recent downgrade of the Government of…
Millennials warm up to buying property in Dubai
Millennials in Dubai (aged between 25 to 37 years on average) are slowly stepping on to the property bandwagon, owing…