Dubai budget: emirate to boost infrastructure spending for Expo 2020
Dubai plans to increase infrastructure spending next year as the emirate unveils a Dh47.3 billion budget to create thousands of…
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FERG highlights a successful year
The Foreign Exchange and Remittance Group (FERG), comprising businesses engaged in the money exchange and remittance industry, has held its…
FinTech essential, not an option for Islamic banking: EY
Over the past decade, financial technology widely referred to as FinTech has grown primarily due to growing Internet access worldwide…
Hong Kong’s rich have ways to get around property tax
Hong Kong: Here’s how billionaire Edwin Leong, one of Hong Kong’s largest retail landlords got around Hong Kong’s new property…
De-risking by big banks ‘hitting global trade’
Banks around the world are reducing their banking relationships with a focus on higher-risk countries, including in the region, resulting…
Islamic finance set for big lift from Iran
The Islamic finance industry is expected to get a significant lease of life from the opening of Iran’s economy which…
Franklin Templeton Sees 2017 Bright Spot in Mideast Stocks: Q&A
Equity markets in the Middle East, especially oil-producing Arab Gulf nations with dollar pegs, should perform better than other developing…
Dawn of financial technology in Islamic finance
Over the past decade, financial technology widely referred to as FinTech has grown primarily due to growing Internet access worldwide…
Deal-making to drive 2017 Middle Eastern banking fee fest
A Middle Eastern investment banking fee bonanza should extend into 2017, spurred by a combination of bond and share sales…
Barclays named “Wealth Manager of the Year” in the Middle East
For the third consecutive year, Global Investor, the leading international publication specialising in asset management, has named Barclays the ‘Wealth…
First Int'l Bank sells Swiss operations
First International Bank of Israel is liquidating its remaining international business, and will become the only one of Israel's five…
Filipino workers in Saudi to have their own bank in Riyadh
Filipinos residing in Saudi Arabia are set to open their own bank in Riyadh by the third quarter of next…