World-Beating Wealth Props Up Qatar Against Arab Sanctions
A month after Saudi Arabia, the United Arab Emirates, Bahrain and Egypt severed diplomatic, trade and transport ties with Qatar,…
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BlackRock Opens Tel Aviv Office to Tap Israel's Technology Edge
BlackRock Inc. opened its first office in Israel, tapping into the country’s well of engineers and programmers to help improve…
New Saudi expat levy set to ‘harm’ businesses and families: Riyadh Chamber
New fees to be imposed on expats and their dependents in Saudi Arabia from July 2017 will be a financial…
Asian and Middle Eastern investors pile into London
Savills’ analysis of foreign investment in London’s commercial real estate market since the EU referendum has revealed a sharp swing…
Bank Leumi: Germany's Moral Conundrum
Under finance minister Norbert Walter-Borjans, Germany state North Rhine-Westphalia has been a voracious acquirer of Swiss bank data proffered by…
Emirates Investment Bank appoints Imad Bou Khouzam as CFO
Khouzam will lead the finance, operations and IT departments. “Imad is an invaluable addition to our team of seasoned…
Rise in public spending to spur UAE growth in next three years
A rebound in government spending will be the key catalyst for a predicted recovery in the UAE's non-oil growth in…
QSE sees higher foreign investment prospects despite economic blockade
Notwithstanding the economic blockade, the Qatar Stock Exchange (QSE) has witnessed increasing investment prospects from the UK and Hong Kong…
Abu Dhabi fund ADIA eyes direct private equity investments as returns slow
The Abu Dhabi Investment Authority (ADIA), one of the biggest sovereign wealth funds in the world, is looking for direct…
VAM targets Middle East growth with senior hire
VAM Funds has announced that it has named David Cockerton as a senior adviser for the Middle East part of…
UAE’s economic growth ‘relatively strong at 3%’
UAE’s economic growth was relatively strong at 3%, compared to 4.9% on average in 2011-15, with oil sector contributing more…
Two JIT members quietly leave for Doha
In an important development, two members of the joint investigation team (JIT) probing the Sharif family’s offshore properties have quietly…