New ownership rules and buoyant oil market conditions to support Middle East economies
This pattern was in part explained by the rollout of VAT in the UAE and Saudi Arabia and ensuing inflation…
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Millennials and money
What’s common to wanderlust, smashed avocado toast, full moon yoga and impact investing? Answer: They are all things typically…
High profitability underpins UAE banking sector
The UAE’s banking sector has remained largely resilient to the decline in oil prices and it impact on government finances…
Dubai Islamic Bank donates Dh10m to ERC
Dubai Islamic Bank has donated Dh10 million Zakat money to Emirates Red Crescent (ERC). Abdul Razzaq Al Abdullah, head…
Court rules Saudi firm complicit in ponzi scheme ‘worse than Madoff’
A court in the Cayman Islands has ruled that Saudi conglomerate Ahmad Hamad Algosaibi & Brothers (AHAB) can’t collect damages…
Emirates NBD signs Pioneers Waseet for clearing services
Emirates NBD said it has signed UAE-based Pioneers Waseet Securities as trading member to avail the bank’s settlement and clearing…
Millennials and money
What’s common to wanderlust, smashed avocado toast, full moon yoga and impact investing? Answer: They are all things typically dear…
Cayman’s longest court case: A ‘cauldron of fraud’
The longest and most expensive trial in Cayman Islands history concluded Thursday, as Chief Justice Anthony Smellie handed down an…
Qatar Chamber’s new BoD names Sheikh Khalifa as chairman
Mohamed bin Ahmed bin Twar was named first vice-chairman and Rashid al-Athba as second vice-chairman. The sixth council of…
New report reveals investment trends in the GCC
Select Property Group’s 2018 GCC Investor Survey explores current attitudes towards investment and overseas property across the region Increased…
Bahrain should consider corporate income tax: IMF
Bahrain should consider implementing corporate income tax to shore up its finances as rising interest rates hinder its ability to…
UAE Billionaire B.R. Shetty Joins the Gates-Buffet Giving Pledge, Donates Half His Wealth
Three UAE business tycoons have signed the Giving Pledge, an initiative that prompts the world’s wealthy to donate half or…