Alpen Capital closes first Lebanon transaction
The Syndication was led by FMO, the Dutch Development Bank who acted as the Arranger and Facility Agent with $32.5…
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Life on Mars? UAE to fund space habitation ideas
The United Arab Emirates has announced it is to offer seed grants to support research into new ideas and technologies…
Saudi's Al Rajhi Bank Q4 net profit rises 20%
Al Rajhi Bank, Saudi Arabia's second-largest lender by assets, reported a 19.8 percent rise in its fourth-quarter net profit on…
Rebound in Dubai house prices unlikely as supply pipeline grows
Dubai's residential market "shows few signs of bouncing back quickly" from what is now a three-year downturn, according to note…
World Bank's IFC calls for investment in Iraq reconstruction
The World Bank's private sector arm urged international companies on Sunday to overcome concerns about funding reconstruction projects in Iraq…
UAE leads Arab markets in Islamic fintech
Published in light of the UAE’s Innovation Month, the analysis finds that tailored regulation and clarity on rules could aid…
Touting 'transformation', French PM seeks investment in Dubai
France's Prime Minister Edouard Philippe promised lower taxes and a business-friendly France at a global summit in Dubai on Sunday,…
Emirates NBD main sponsor of Indian trade fair in Jeddah
Saudi Arabia successfully participated in the Indian trade fair held recently in Jeddah. Mohammed Shahid Alam, India’s deputy consul…
DFSA Signs MoU with Central Bank of Oman
The Dubai Financial Services Authority and the Central Bank of Oman signed a Memorandum of Understanding (MoU) to cooperate in…
Saudi Ritz Reopens After Stint as Gilded Prison of Princes
Riyadh's Ritz-Carlton Hotel reopened on Sunday, more than three months after it was converted into a gilded prison for members…
French PM Edouard Philippe at Abu Dhabi bank opening
Shaikh Hamed Bin Zayed Al Nahyan, Chief of the Abu Dhabi Crown Prince's Court, and Prime Minister Edouard Philippe of…
Paperless society requires proper security solutions
While residents and businesses in the region are looking forward to the UAE being a completely paperless society in a…