France expects increased investments from the UAE
UAE investment into France is expected to increase as Europe’s second largest economy ramps up efforts to become more business…
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UAE must do more on transparency to get off tax blacklist -EU envoy
The United Arab Emirates will have to do more to address the European Union's concerns about tax transparency if it…
Gulf banks to benefit from financial buffers
Gulf banks are expected to benefit from an uptick in the regional economy next year, according to Moody’s. The…
Al Baraka named best performer in Bahrain
Al Baraka Bank has been recognised as the ‘Best Performing Islamic Bank’ in Bahrain during the 24th World Islamic Banking…
UAE ranks high in technology adoption in financial services
The UAE embracing digital adoption faster than West in all areas of life including financial services, according to a recent…
UAE Second-Largest Recipient of FDI in Middle East
The total Foreign Direct Investment, FDI, of the UAE jumped to $117.9 billion in 2016, from $109 billion in 2015,…
Moda Operandi, Women-Led Luxury Seller, Raises $165 Million To Speed Up Growth
Luxury online fashion retailer Moda Operandi has raised $165 million in growth capital as it increases its footprint in sought-after…
Bahrain banks to set up dedicated R&D fintech firm
A trio of Bahraini banks has announced plans to establish a company dedicated to research and development in the sharia-compliant…
Deloitte expands Middle East VAT advisory team
Deloitte, a leading professional services firm, has announced the expansion of its senior indirect tax and value added tax advisory…
Crown Prince Wreaks Havoc
Saudi Crown Prince Mohammed bin Salman, 32, took to the stage at the palatial Ritz-Carlton in Riyadh on October 24…
Citi Hires Investment Banking Head for Saudi Arabia
Mr. Majed Al Hassoun, who will be based in Riyadh, initially will build up the operation to focus on working…
Islamic banks should embrace, not fear, disruption from fintech
Until a few years ago, Islamic banking was booming. With annual growth rates of 15 per cent or more in…