Mideast Stocks-Saudi soft again, Emaar and DSI hold back Dubai
Saudi Arabia's stock market fell on Tuesday despite a big rebound by petrochemical company PetroRabigh, while Dubai Investments helped offset…
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Barclays names Klemme as Mideast head in Private Bank
Barclays has announced that Steve Klemme will be joining as Head of Middle East in Private Bank & Overseas…
Qatar relaxes expats regulations as it bids to fight Arab boycott
The under-fire Arab peninsular country is reacting to stem the flow of expatriate workers bidding to leave, following the move…
VAM adds Group Development Director to leadership team
VAM has appointed David Cockerton as Group Development Director. Cockerton initially joined the VAM Group earlier this year as…
DFSA Continues to Develop its Funds Regime
The Dubai Financial Services Authority has today consulted on a comprehensive package of proposals to support the continued development of…
Capital Markets Board to Regulate Crowdfunding
Recent Development In our recent alert dated October 10, 2017, we mentioned that the Capital Markets Board will regulate…
Dubai's Emirates Reit plans debut sukuk of at least US$300m this year
Dubai-based Emirates Reit, a Syariah-compliant real estate investment trust, plans to issue a debut Islamic bond of at least US$300…
Dubai Investments Reports Profit Rise For Q3 On Strong Rental Income
Dubai Investments, part of sovereign wealth fund Investment Corporation of Dubai, reported a 4.8 per cent rise in net income…
Asia Pacific Accounts for 22% of QFC Firms Registered In ’16
More than 22% of the newly registered firms in the Qatar Financial Center in 2016 were from the Asia Pacific…
StanChart announces Management Team changes
Karen Fawcett, CEO, Retail Banking and Group Head, Brand and Marketing will retire from the Group with effect from 31…
RenCap Hires Banker From CI Capital as It Opens Doors in Egypt
Renaissance Capital, the investment bank controlled by Russian billionaire Mikhail Prokhorov, is hiring investment bankers and analysts in Egypt as…
Act soon, interest rates on bank loans in UAE to rise
If you are opting for a loan, then this is the right time for it as interest rates in the…