Mubadala reports profit hike post IPIC merger
Abu Dhabi’s state sovereign wealth fund Mubadala Investment Company has reported a net profit of AED4.2 billion ($1.14 billion) for…
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These are the world's 30 best countries for billionaires
There were over 2,300 billionaires worldwide in 2016, according to the Wealth-X Billionaire Census. Most of them live in…
Mideast funds more cautious toward equities, positive on Qatar
Middle East funds on balance became more cautious towards regional equities over the past month but more positive towards Qatar,…
Imminent Activation of Yemeni Outward Transfers via Domestic Banks
London- Yemeni commercial banks have been informed that outward transfers will be activated soon, but they are required to meet…
Saudi Capital Markets Authority and Tadawul stock exchange
FTSE Russell is set to announce over the weekend in the Middle East if it will add Saudi Arabia and…
Millionaires' wealth at a global $63.5 trillion record – Capgemini World Wealth Report 2017
The 2017 World Wealth Report finds that the average high-net-worth individual1 (HNWI) investments overseen by wealth managers2 in 2016 increased in…
Saudi insurers soar after ban lifted
Investors in Saudi Arabia are betting insurance stocks will be key beneficiaries from the lifting of a ban on women…
Holborn Assets to resume trading in the UK with FCA backing
Holborn Assets has been given the green light from the Financial Conduct Authority (FCA) to resume operations in the UK. …
Turkish Ministry of Finance Announces New Tax Rate Increases – Esin Attorney Partnership
Naci Ağbal, the Ministry of Finance, has announced the following tax increases during the Medium Term Program meeting (2018-2020): …
Bahrain “Open to Bitcoin” and Blockchain
Bahrain is closely looking at digital currencies. According to Khalid Al Rumaihi, the chief executive of the Economic Development…
Ex-Barclays banker Boath pay row set to restart
A London court case in which a senior investment banker is suing Barclays for unfair dismissal is due to resume…
Waha Capital takes significant minority stake in leading fintech company Channel VAS
Channel VAS is a strong force in the fintech world, operating in over 25 emerging markets and providing micro finance…