All Articles

Investment Banking

KIPCO announces realignment of operations of its Bahrain-based United Gulf Bank

August 1, 2017

The Kuwait Projects Company has announced the realignment of the operational structure of its Bahrain-based subsidiary, United Gulf Bank.  …

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Financial Results

In Abu Dhabi, smaller the flat, bigger the returns

August 1, 2017

It's common knowledge that close to 50 per cent of Abu Dhabi's gross domestic product is reliant on the oil…

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Financial Results

Dubai Investments reports rising rent income despite profit decline

August 1, 2017

Dubai Investments said second-quarter profit fell 12 percent to 191 million dirhams ($52 million) as it plows ahead with a…

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Legal

Realty developer, four officials face Dhs84m fine

August 1, 2017

Four officials of a real estate developer pocketed Dhs84m and kept stalling to deliver five villas to investors.    Investors…

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FinTech

DFSA launches Crowdfunding Framework

August 1, 2017

The Dubai Financial Services Authority  has today launched its regulatory framework for loan and investment-based crowdfunding platforms, the first such…

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Comment & Analysis

Barclays Sponsors UAE’s First Government Accredited Entrepreneurship Programme

August 1, 2017

The Mind Cloud Entrepreneurship Programme and Dubai Business Women Council offer tailor-made, certified courses aimed at students, SME entrepreneurs and…

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Comment & Analysis

GCC banks become more selective in lending

August 1, 2017

Tighter liquidity conditions, weakening asset quality and slowing economic growth are expected to further tighten lending standards of GCC banks…

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Legal

Qatar files WTO complaint over Gulf trade 'siege'

August 1, 2017

Qatar has filed a complaint with the World Trade Organization over an "illegal siege" imposed by its Gulf neighbours, the…

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Financial Results

Turkey: Banking sector's net profit up over 30 percent

July 31, 2017

Turkey’s banking sector made 25.35 billion Turkish liras ($7.24 billion) net profit between January and June this year, according to…

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Hedge Funds & Alternative Investments

Smaller insurance brokers may be nudged out of the market by new IA regulations

July 31, 2017

Smaller insurance brokers may be pushed out of business after the UAE Insurance Authority (IA) issued a new circular on…

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Executive Moves

Mashreq Bank appoints new head of Private Banking

July 31, 2017

Mashreq Bank has appointed Vipul Kapur as its new Head of Private Banking. Kapur replaces Rajesh Malkani who left the…

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Comment & Analysis

Qatari millionaires are being hit hard by the country’s Saudi Arabian standoff

July 31, 2017

As the Qatar crisis continues and mediations are reported to be deadlocked, it is taking a toll on the region’s…

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