Qatar made a buzz in finance & business world in 2016
Qatar created waves in global finance and business world in 2016. The country hit the international media headlines when Russian…
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Saudi likely to tap multiple funding sources to bridge budget gap
In the absence of further increase in oil prices and or drastic cut in government expenditures, analysts expect Saudi Arabia’s…
Economic changes that will affect your wallet in 2017
The tax year which starts on Sunday brings an array of changes created by the previous year’s legislation, the 2017-18…
Recovering oil prices to give needed cushion for Gulf economies
The deal to cut oil output could provide much required cushion to the oil market and Gulf economies in coming…
Five ways UAE banks can profit from digital advertising
The proliferation of user-friendly banking services on mobile and web platforms has led to less consumers visiting branches in person…
DEC enhances ties with Bank of China
The Dubai Economic Council (DEC) has enhanced its partnership with the Bank of China (BOC) in its role in the…
Israel and UK see eye to eye on tax transparency
HM Revenue & Customs officials visited Israel with automatic exchange of information about to begin. Senior officials from HM…
The 20 most expensive cities in the world to live in revealed
Hamilton, Bermuda, has been revealed as the most expensive city in the world 20 cities with the highest cost of…
United Bank signs partnership protocol with Suez Canal Economic Zone
Ashraf Elkady, chairperson of the United Bank of Egypt, and Ahmed Darwish, chairperson of the General Authority for the Suez…
Oman Arab Bank completes perpetual bonds listing
Oman Arab Bank successfully concluded its issue of OMR-denominated Perpetual Bonds, raising OMR 30 million as Additional Tier 1 capital.…
Saudi sovereign fund buying stake in UAE utility firm
Saudi Arabia’s top sovereign wealth fund is buying a stake in UAE utility company Utico in a multi-million dollar deal,…
Big banks to shed 3,345 jobs
The six largest banks in Israel will spend a total of NIS 2.9 billion on early retirement programs over the…