Russian cyber-security firm InfoWatch sets up base in Dubai
InfoWatch Group, a Russian enterprise cybersecurity product vendor, said it has founded the InfoWatch Gulf subsidiary, registered at the Dubai…
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GCC corporate earnings wanes
GCC corporates posted a negative one per cent growth compared to the same period last year. Saudi Arabia, Bahrain and…
Largest Green-Bond Fund for Emerging Markets Nearing $2 Billion
The World Bank’s International Finance Corp. and European asset manager Amundi SA are targeting year-end to raise $2 billion for…
Diezani, seven ex-governors, others to lose Dubai assets
With the signing of a pact by the Federal Government and the United Arab Emirates yesterday, the coast is clear…
DFSA and Naseba to co-host second fintech summit
The summit will provide a platform for the region's banking, financial services and insurance decision makers to source and evaluate…
Qatar banks seek Asian, European funding as diplomatic crisis bites
Qatari banks are turning to Asia and Europe for funding after clients from other Arab states pulled billions of dollars…
Saudis may seek funding in Chinese yuan
Saudi Arabia is willing to consider funding itself partly in Chinese yuan, a senior Saudi official said on Thursday, raising…
UAE bank credit increases in July – Khaleej Times
Gross credit by the #UAE banks grew in July, reflecting increase business activity in the country while deposit by non-residents…
Sluggish July imports in Qatar show sanctions still hurting economy
Qatar's imports recovered only slightly in July after plunging in June, government data released on Thursday showed, suggesting the country's…
UAE working on laws to boost non-oil sector contribution to 80% by 2021
The Ministry of Economy is working on a number of laws to help increase productivity of the economy and boost…
Central Bank withdraws Dh8.2b of surplus liquidity
The UAE Central Bank has withdrawn Dh8.2 billion out of excess liquidity in the market during July after it pumped…
In blockchain we trust
Next time you pass through a UAE airport, chances are your passport may not be stamped. Or if you need…