Mortgages set to rise across Gulf region
The cost of mortgages in Saudi Arabia, the UAE and Bahrain are set to rise this week following the decision…
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UAE leads MENA private equity investments by value and volume
The UAE accounted 62 per cent of Middle East and North Africa (MENA) private equity investment activity by value in…
Abu Dhabi investigators foil attempt to steal $173m from UAE bank account
Abu Dhabi’s Public Funds Prosecution and Criminal Investigation Department have foiled an attempt to steal more than Dhs635m ($172.8m) from…
Qatar National Bank reports healthy liquidity position
Qatar National Bank, the largest bank in the Middle East and Africa, has said no significant outflows of deposits have…
Qatar Crisis Challenges Gulf Assets as Middle East's Safe Haven
Gulf countries and their assets for years have been seen as a safe bet for investors in Middle Eastern emerging…
Central Bank of Bahrain debuts regulatory sandbox
The Central Bank of Bahrain has opened a regulatory sandbox for fintech firms worldwide to test their technology ahead of…
Qatar National Bank sees no significant outflows of deposits, other funds
Qatar National Bank, the largest lender in the Middle East and Africa, has seen no significant outflow of deposits since…
Qatari investors rush to sell Dubai properties as deadline for them to leave looms
Property brokers in Dubai are reporting a rush in sales from Qatari investors attempting to get their assets out of…
Egypt central bank removes foreign currency transfer limit
Egypt's central bank on Wednesday removed limits on international currency transfers, scrapping a $100,000 monthly limit on individual bank transactions…
Across-the-board buying lifts QSE 1.04%
An across-the-board buying, especially in realty, consumer goods and telecom, lifted the Qatar Stock Exchange, which inched near 9,200 levels.…
Bahrain wealth fund Mumtalakat has up to $300 mln for new deals
Bahrain's sovereign wealth fund Mumtalakat has $200 million to $300 million for new deals, and is looking for investment opportunities…
Bahrain launches new rules for fintech firms
Bahrain's central bank has issued new rules to create a regulatory unit that will allow financial technology firms to test…