World Bank reports global record of business reforms
The World Bank reported that 137 out of 190 economies surveyed carried out some type of reform to improve business…
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Dubai's Pacific Controls in talks to sell data centre to Etisalat
Dubai technology company Pacific Controls, which is seeking one of the biggest debt restructuring deals in the Gulf since the…
Chinese investors keen to snap up Dubai properties
China's rise towards becoming a global financial giant is a story containing narratives of consistent efforts, grit and perseverance. …
Business confidence shows positive sentiment
“Despite global media reports that the region is in a period of economic turmoil, our GCC CEO survey results point…
Dubai bankruptcy law offers protection to western bosses
The United Arab Emirates has passed a bankruptcy law to try to prevent a repeat of scenes from the financial…
Kuwait's Gulf Bank seeking regulatory approval for CEO appointment
Kuwait's Gulf Bank is awaiting approval from the central bank to appoint Antoine Jean Daher as chief executive, its said…
Dubai Islamic Bank Q3 net profit falls 9.9%
Dubai Islamic Bank, the UAE’s largest sharia-compliant lender, on Monday posted a 9.9 percent drop in third-quarter net profit, in…
JP Morgan’s banking manager believes in hard work
Banking may often feel like a men’s club, but not for Tara Smyth, who manages a team of more than…
Will Robots Replace Tellers In Bank Branches?
Emirates NBD has announced that a new artificial intelligence robot will be strolling into the foyer of several branches. The…
Saudi Bond Sale Pushes EM Dollar Issues to New High
The search for yield remains in full swing and it helped propel a record amount of emerging market borrowing in…
Egypt to issue $2 bln in international bonds, roadshow in Nov
Egypt will issue roughly $2 billion in international bonds, less than previously announced, and will begin a roadshow for the…
Clinton Foundation Move Of $1.8 Billion To Qatar Is A Fake Story From Conspiracy Site
There have been many allegations surrounding the Clinton Foundation now that Hillary Clinton is the 2016 Democratic presidential candidate. …