Middle East real estate remains a preferred asset class for UHNWIs
The attitude survey looks at the most important investment trends for ultra-high-net-worth individuals canvassing the responses of 500 of the…
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Emirates NBD Egypt PMI™
March data pointed to easing inflationary pressures across the Egyptian non-oil private sector, with both input prices and output charges…
Dubai-based cryptocurrency sued by Chinese giant Alibaba
Dubai-based Alibabacoin Foundation, the company behind the recently launched cryptocurrency Alibabacoin, is being sued by Chinese e-commerce giants Alibaba for…
SBI Life appoints Sanjeev Nautiyal as MD, CEO
Mumbai, Apr 2 (PTI) Private life insurer SBI Life Insurance has appointed Sanjeev Nautiyal as its new managing director and…
Qatar’s top banks forecast to grow stronger in Q1, 18
Supported by strong balance sheet growth along with stable NIM (net interest margin), Qatari banks are expected to lead to…
Kuwaiti Parliament considers bill to tax remittances
Kuwait's top lawmakers proposed a new legislation to impose a fee on foreign remittances, despite being warned by the government…
Pak-Iran rice trade via Dubai continues despite PTA
The Pakistan and Iran bilateral trade can reach the level of $10 billion mark within very short period from the…
Trust in banking sector remains high at 68%, says UAE Banks Federation survey
The UAE Banks Federation (UBF) has unveiled the results of its 2017 Trust Index annual survey conducted by an independent…
Dubai's Emaar Properties appoints Hadi Badri as MD of India business
Dubai-based realty major Emaar Properties has appointed Hadi Badri as managing director of its India business to drive growth following…
First Abu Dhabi Bank launches new brand in Egypt following merger of FGB, NBAD
The former National Bank of Abu Dhabi Egypt division announced that it has completed its rebranding as First Abu Dhabi…
UAE banks may hike fees to offset additional VAT costs
As banks in the UAE grapple with the new value-added tax regime and the high compliance costs associated with mandatory…
UAE re-exports trade tops $148bln in 2017
The trade value of re-exported goods in the UAE reached Dh546.5 billion ($148.8 billion) in 2017, compared to Dh532.9 billion…