Saudi finance ministry says 13 banks qualify for domestic sukuk programme
Saudi Arabia's finance ministry said on Tuesday that 13 domestic banks had qualified to participate in the government's planned issuance…
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No need for Indian expats to declare foreign assets, say experts
Indian expats in the UAE have sought clarification on rules about declaring their bank account details and assets here to…
UAE makes substantial investment in Pakistan
UAE continues to make substantial investments in Pakistan helping shape the country’s vibrant economy. Among the seven GCC countries,…
AgustaWestland chopper case: ED arrests woman director of Dubai firm
The Enforcement Directorate on Monday arrested Shivani Saxena in connection with the multi-crore Agusta Westland chopper scam. Saxena is the…
Leveraging off a go-global spirit
China’s One Belt and One Road Initiative will restore the historic linkages that exist between Middle East and Asia. …
What Filipino expats in UAE struggle with most
Like everyone else living abroad, Filipinos deal with all sorts of headaches, but at least five issues seem to crop…
Qatar says media report reveals UAE role in hack that sparked crisis
Qatar said on Monday that a U.S. media report had shown that the United Arab Emirates was involved in an…
Hamdan appoints and promotes officials
Shaikh Hamdan Bin Mohammad Bin Rashid Al Maktoum, Dubai Crown Prince and Chairman of Dubai Executive Council, issued Executive Council…
Mercer seeks to double assets under management in the Middle East
Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double…
Bank Dhofar H1 consolidated net profit down 13.27 per cent
The Omani bank showed a 60.03 per cent drop in net profit from its Maisarah Islamic banking arm, falling to…
How the 'rich kids' of Dubai are spending their fortunes
In today’s era of Instagram, Facebook and social media, there’s an endless stream of posts flaunting wealth. But there’s…
Bank Muscat wins Banker Middle East's Best Bank in Oman award
Bank Muscat has won the Best Bank in Oman award by Banker Middle East. Omar Al Musafir, Chief Representative…