Rs110m embezzlement case against banks’ staff filed
The Khyber Pakhtunkhwa Ehtesab Commission on Thursday filed a reference against former managing director of Dubai Islamic Bank and other…
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Bruised but coping, Qatar’s economy remains strong
Qatar’s economy has been hit by the sanctions imposed by a Saudi-led Arab bloc but the emirate’s economy is strong…
VAT’s impact on UAE’s consumer price inflation will be limited
The impact of the introduction of value added tax in the UAE from January 1, 2018 on annual inflation in…
Municipality refuses visa transfer of expat workers – ‘Clearance must from institutions’
Kuwait Municipality has refused to grant expatriate employees under the support services item permit to transfer to another sponsor when…
Qatar to Tell Banks to Seek Overseas Funding as Gulf Spat Drags On
Qatar is telling its banks to tap international investors to raise financing, instead of mainly relying on government funding, people…
Higher interest rates and cost cutting lifts Saudi banks outlook
Bank of America Merrill Lynch said it saw an improved outlook for Saudi Arabian banks due to higher interest rates…
Qatar’s sovereign fund plans new investments despite sanctions
Qatar's sovereign wealth fund, with around $300 billion to its name, is shrugging off the country's diplomatic crisis with its…
Dubai's Noor Bank Downsizes in Huge Restructuring: Sources
Noor Bank has allegedly made dozens of redundancies at its branches this week, with up to 200 redundancies in total…
Luxury supercars invade London as Arab playboys flaunt their wealth
Hundreds of Arabs have arrived in the most glamorous hotspots the capital has to offer to flaunt their flashiest wheels…
The importance of corporate structuring
As explored in this SuperyachtNews article, the employment of family offices for Middle Eastern superyacht clients is growing in order…
Most Middle East markets up, Qatar index sinks 1.2%
Most Middle Eastern stock markets rose on Wednesday, with Egypt ending a six-day losing streak, but trading volumes were thin…
Qatar Lament Gulf Trust Lost
Qatar’s foreign minister said Tuesday it will take a “lot of time” to rebuild any trust between sparring Gulf countries…