Qatar’s economy in a downward spiral
Qatar attempts to paint a picture of a national economy unaffected by the diplomatic dispute with its neighbors Saudi Arabia,…
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Saudi Arabia Studies Issuing Three Banking Licenses, Establishing a Digital Currency
The Saudi Arabian Monetary Agency expected positive growth rates for the Saudi economy over the upcoming period, confirming that the…
Russia, Saudi Arabia sovereign wealth funds create fund to invest in Russian energy, technology
Two sovereign wealth funds have agreed to collaborate on two new platforms to invest in the Russian energy services and…
SAMA to launch virtual riyal for banks
The Saudi Arabian Monetary Agency will implement a pilot project to issue a virtual/digital currency that will be traded exclusively…
Adeem Investment and Wealth Management restructuring shortlisted for IFLR Middle East Award
A large international restructuring deal that Ogier worked on has been shortlisted for restructuring deal of the year in the…
Qatar: a Conspicuous Absence from the Middle Eastern Debt Feast
There's one notable absence from the government bond sale bonanza in the Middle East. Saudi Arabia and Abu Dhabi have…
Qatar capable of supporting banks, governor says
Qatar, the gas-rich nation boycotted by three of its Gulf neighbors since June, is capable of supporting its banks with…
UAE Banks Desperate to Sell Qatar Loans
A number of banks in the UAE are in talks with international counterparts to sell down their Qatar exposure as…
Dubai is all set to become disabled-friendly by 2020
Dubai's Executive Council is working to make public buildings and city facilities friendly for people with disabilities by 2020. …
UAE's oldest bank launches digital-only Neo
Mashreq Bank has launched Neo, a digital-only bank to cater to the needs of the millennial generation. The new bank…
UAE moving toward a ‘cashless society’
Emirates Digital Wallet, a unique platform established by 16 of the UAE’s leading banks, has announced the name of the…
Government has enough reserves to support Qatari banks: Qatar central bank
Qatar’s government has enough reserves to support its banks in the face of sanctions imposed by other Arab states and…