Saudi foreign reserves rise in June for first time in a year
The Saudi Arabian central bank's foreign reserves, which the government has been liquidating to cover a budget deficit caused by…
All Articles
Explore our comprehensive collection of financial insights, market analysis, and wealth management strategies.
47780 articles available
Abu Dhabi financial hub reveals new disputes body
Abu Dhabi Global Market is pleased to announce the establishment of an arbitration hearing centre on Al Maryah Island by…
PropTech revolution takes over property deals and financing in UAE
The global property technology revolution has arrived in the UAE, with more than two-thirds of UAE home buyers turning to…
A range of trust and corporate services to ultra-high net worth individuals
Last week, the Boston Multi Family Office announced the opening of an office in the Dubai International Financial Centre, solidifying…
Aviva Creates New Asian Role
Aviva Investors, the global asset management business of Aviva plc announced the appointment of Thijs Hupkes in the newly-created role…
Asian and Middle East sovereign wealth funds ramp up real estate investments
Asian and Middle Eastern sovereign wealth funds (SWFs) and pension funds have continued to increase their real estate allocations and…
Bank interest rates in Oman increase amid tight liquidity situation
Bank interest rates in Oman have increased in view of the tight liquidity situation and increased competition among banks for…
UAE orders banks to freeze accounts, assets of those on terrorist list
The Central Bank of the UAE issued a general statement to all banks and financial institutions to search for and…
Bahrain sends request for proposals for U.S. dollar bond, sukuk issues
Bahrain's government has sent out a request for proposals to banks to arrange issues of U.S dollar-denominated conventional bonds and…
UAE will 'have to go on without Qatar’, says Gargash
The Minister of State for Foreign Affairs appeared to close the door on mediation efforts to resolve the Doha crisis…
UAE Surplus Reserves Jump 77.6 Percent in June
Surplus reserves at UAE banks and other financial institutions surged to AED 42.8 billion ($11.6 billion) by the end of…
Are There Lessons for GCC Countries?
GCC governments face significant challenges in their economic diversification efforts as they face sustained decline in oil prices in recent…