Dubai's Shuaa moving HQ to Abu Dhabi -sources
Dubai-listed investment bank Shuaa Capital plans to move its headquarters to Abu Dhabi, sources told Reuters on Thursday. Shuaa,…
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'South Africa will weather the storm'
Small Business Development Minister Lindiwe Zulu said South Africa will weather problems associated with the recent credit rating downgrade to…
Arab economies are projected to grow by 2.3 per cent in 2017
Arab economies are projected to grow by 2.3 per cent in 2017 as a result of the decline in growth…
Diamonds in Dubai
A recent visit to Kuwait City provided an unlikely insight. As Euromoney waited to meet employees of a leading financial…
Saudi Arabia's debut Islamic bond sale gets $17.5bn orders
Saudi Arabia’s debut dollar-denominated Islamic bond, which is due to price Wednesday, attracted more than $17.5 billion of investor orders…
Sovereign wealth fund assets inch up 1.2% for 12-month period
Assets held by sovereign wealth funds across the globe increased 1.2% to $6.59 trillion in the 12 months through March,…
Mashreq bank Q1 net profit up 2.7 pct
Mashreq , Dubai's third-biggest lender by assets, on Wednesday reported a 2.7 percent rise in first-quarter net profit as bad…
First Abu Dhabi Bank cuts up to 20 jobs in global markets -sources
First Abu Dhabi Bank has made up to 20 job cuts in its global markets division following the merger of…
Diversification contributes to resilience of UAE economy
According to IMF Jan 2017 global growth is expected to be at 3.1 per cent. Advanced economies are now projected…
London Stock Exchange looks to Middle East for revival after Brexit
The London Stock Exchange is targeting more listings from companies in the Middle East, following a dearth of initial public…
Standard Chartered offers video banking
Standard Chartered Bank announced today the launch of its video and chat banking service for clients in the UAE, a…
QNB upgrades mobile banking application
QNB, Qatar’s largest bank, has made a major update to its mobile banking application, which allows users to send cash…