Kuwait’s real estate market liquidity up 7% in July
Kuwait’s real estate market liquidity rose 7 percent in July to 190.2 million dinars (SR2.36 billion) from 177.7 dinars a…
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Ukraine arrests French-Israeli wanted in ‘fake CEO’ scam
A huckster sentenced for tricking dozens of French banks and businesses into handing over millions of euros has been arrested…
Dubai real estate market sets the pace for renewed growth in the GCC
The hottest real estate market in the Gulf is holding up gains from the last half of 2016, records from…
Investcorp Agrees to Acquire an Interest in a Swiss Private Bank
Investcorp S.A. announced today that it has agreed to acquire a significant but less than majority interest in a Swiss…
Middle East pension schemes due for urgent reforms
Pension schemes in most countries of the Middle East and North Africa (Mena) set up their current national pension schemes…
Evolution of e-banking in the UAE
The banking industry, integral to our commercial and personal lives, has evolved with the times to embrace new challenges and…
Barclays expands Private Bank team in MENA
Barclays announced today the appointment of Bjorn Holderbeke as MENA Head of Global Investments and Solutions (GIS) for its Private…
Turkey’s Akbank secures $1.2 billion loan for 2017
Turkey’s Akbank announced on Aug. 15 that it had secured another $1.15 billion equivalent multi-currency syndicated loan for 2017. …
Qatar emerging stronger despite economic blockade
Qatar has proven its ability to overcome the challenges of the economic blockade imposed by Saudi Arabia and its allies,…
What lies behind the luxurious lifestyle of the rich of Dubai. Photo
Dubai has long been a symbol of wealth. It is a Paradise for millionaires and a favorite vacation spot for…
China’s Space Silk Road and the Middle East, Part One
Centuries ago, China and Europe were connected by a number of trade routes across the Eurasian landmass and the Indian…
New permit strategy to boost realty sector
The new strategy for issuing building permits in Dubai is expected to benefit both developers and investors in the emirate’s…