L’Oréal and Beiersdorf set to take advantage of Egypt’s new investment law?
Egypt’s cabinet has passed regulations for a new investment law that could bring in much needed business from international companies,…
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Nick Samouilhan to join multi-asset team at T. Rowe Price
Nick Samouilhan is to join T. Rowe Price as a solutions strategist in the EMEA multi-asset solutions team following his…
UAE Expats Losing An Average Of AED 6000 Per Year On International Money Transfers
Expatriates sending money home are losing an average of Dh6,000* per year on transfers, according to global financial planning firm…
Turkey Firms Ready $64 Billion Spending Spree to Leave Home
Robert Yuksel Yildirim had barely been at the family’s construction-materials business a year before the company won its first international…
Burgan Bank receives STP Award 2016 from CitiBank
Burgan Bank, Kuwait’s most dynamic bank, is pleased to announce that it has recently been granted Citibank Straight through Processing…
KPMG appoints A. Alnaim as managing partner in Al-Khobar
KPMG in Saudi Arabia has announced the appointment of Abdulaziz Alnaim as Managing Partner of its Al-Khobar office, in order…
Bank financing to UAE realty sector tops $76bn in H1
Bank financing provided to the property and construction sector in the UAE reached Dh281.2 billion ($76.5 billion) during the first…
Abu Dhabi's residential sales set for further declines, says Core Savills
Abu Dhabi’s residential sales are forecast to soften further over the next six to 12 months but at a slower…
Funding squeeze hastens take-off of non-bank lending in Middle East
Middle East investment companies are ramping up their lending to businesses, providing a lifeline for small and medium-sized firms struggling…
Qatar Dispute Puts Pressure on Local Banks
Qatari banks are facing funding pressure, as foreign customers worried about Doha’s intensifying spat with its Arab neighbors withdraw deposits.…
DAFZA issues guide on ‘Dubai: The Global Gateway to Halal Industries’
The Dubai Airport Freezone Authority recently issued a comprehensive halal industries guide as part of its initiatives to contribute to…
Bahrain may need to boost interest rates to protect currency, IMF warns
Bahrain may need to raise its market interest rates to protect its currency and must refrain from having its central…