These UAE billionaires donate half of wealth to charity
At least three ultra-rich residents in UAE have joined the ranks of billionaires who have committed to give up at…
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"GII Islamic REIT" acquires office property in Dubai for USD 32 m.
“GII Islamic REIT” successfully concluded the acquisition of a prime Downtown Dubai office property, spread over two floors in the…
Saudi conglomerate aided fraud against 100 banks, judge rules
A Saudi conglomerate can’t collect damages from a former manager it blamed for a multibillion-dollar fraud against 100 banks because…
Dubai's rising super rich set to boost luxury property sector
Growth in Dubai’s ultra-rich population is expected to drive up demand for luxury property, according to industry experts. “The…
Citizenship for sale: how the rich shop for new passports
It’s the must-have accessory for every self-respecting 21st-century oligarch, and a good many mere multimillionaires: a second – and sometimes…
Italy’s ‘Trump’ Moment? by Gary Dugan
A populist Italian government look likely to cut taxes Good news for Italian equities particularly consumer stocks Euro and sterling…
Islamic banking industry grew by 8.6% from 2016 to 2017
The number of full-fledged Islamic banks and Islamic windows of conventional banks in 20 countries stood at 178 and 84…
Profile Software launches next Leasing solution
Profile Software has announced that FMS.next Leasing solution has been enriched to accommodate an advanced level of functional features to…
QNB’s al-Kuwari among top executives featured in KPMG’s ‘2018 Global CEO Outlook’
QNB Group chief executive Ali Ahmed al-Kuwari is one among the 1,300 C-suite executives of large international firms to have…
One year on, Qatar feels sting of isolation
A year-old dispute, which pits an Arab quartet against Qatar, is set to drag on further, as Doha has failed…
Turkey says ‘addressing economy concerns’ after Moody’s downgrade threat
Turkey yesterday said it was addressing the concerns of financial markets about the economy after Moody’s threatened a further downgrade…
Mashreq launches Poynt Smart Terminals in UAE
Mashreq Bank in collaboration with Waypoint Systems announced the launch of Poynt Smart Terminals, offering an exciting range of features…