UAE stands out as investment destination
The United Arab Emirates are the second biggest target for foreign direct investment in the Middle East and North Africa,…
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U.S. Treasury seeking information on one Turkish bank: deputy PM
The U.S. Treasury has requested information on a Turkish bank, Deputy Prime Minister Mehmet Simsek said on Wednesday, referring to…
Dubai wealth managers dismiss UAE inclusion in EU tax haven blacklist
UAE wealth managers said a move by the European Union to include the Emirates in a black list of 17…
Dubai fund invests in US farming tech start-up
Investment Corporation of Dubai (ICD), the emirate's investment arm, has completed a major investment in US-based farming technology start-up Indigo…
Saudi Arabia and UAE ranked the wealthiest countries in the Middle East
The two countries with the most total household wealth in the Middle East region have been ranked as Saudi Arabia…
UAE Central Bank's foreign assets up 54.7pc to $62bn
Current account balances and deposits of the UAE Central Bank with banks abroad rose 54.7 per cent or Dh80.8 billion…
Bank Sohar signs agreement with Vision Insurance
As part of its consistent efforts to provide a diverse bundle of products and services to customers across the Sultanate,…
24th World Islamic Banking Conf. kicks off in Bahrain
The 24th edition of The World Islamic Banking Conference, the largest and most prestigious gathering of Islamic banking and finance…
Global holds an arts exhibition on combating violence
Global Investment House held an arts exhibition under the theme “combating violence” from 25th till 30th of November 2017 at…
First tax havens blacklist published by EU
The European Union has published its first blacklist of tax havens, naming 17 territories including Saint Lucia, Barbados and South…
Frayed Nerves Over Saudi Millions
Swiss banks have wooed wealthy Saudi Arabian clients for decades. A wide-sweeping anti-corruption campaign by the young force behind the…
Clifford Chance advises consortium of banks on $457 million Reem Mall financing
Clifford Chance advised Standard Chartered Bank (SCB) as part of a consortium of banks on a seven year senior credit…