Investors book profit on UAE stocks
UAE stocks closed lower on Thursday as investors booked profit following a week of strong gains in both Dubai and…
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QIA sells stake in Santander Brasil worth $737m
Qatar Investment Authority sold about 2.5 per cent of Banco Santander Brasil SA for 2.3 billion reais $737 million in…
Oman says banks should be extra vigilant on property, personal loans
A senior central banker in Oman has called on the country’s banks to be extra-vigilant about their exposure to sensitive…
Qatar shaikh said to use margin loan for Deutsche Bank stake
One of Deutsche Bank AG’s key Qatari shareholders is using a margin loan of about $1 billion Dh3.67 billion, backed…
BKIC mandatory offer for Takaful International
Following the acquisition, the Board of Directors received notice from BKIC stating its intention to give a mandatory offer to…
MP queries on deposits in local, foreign banks by KIA and PASS
MP Safa’a Al- Hashem has presented a parliamentary query to the Minister for Social Affairs and Labor, Minister of State…
Qatar First Bank launches 2nd phase of cost rationalisation plan
Qatar First Bank announced the launch of the second phase of the cost rationalisation plan yesterday at its Annual General…
Britain to extradite former head of Kuwait's social security fund- media
British authorities have arrested and are preparing to extradite Fahad al-Rajaan, the former head of Kuwait's social security fund convicted…
This is why even mature startups are worried about liquidity
Having closed their second fund with $100 million, the team at Israel Secondary Fund offer some important points on the…
Saxo Markets: UAE poised to be the Gulf fintech capital
Saxo Markets has urged regional banks and finance institutions to collaborate in order to unlock the vast potential of the…
GCC reforms safeguard banking bankers
The Gulf banking sector is resilient and capable to withstand ramifications resulting from bearish oil prices, thanks to the regional…