23% public private partnership projects abandoned in Middle East
Nearly one in four public private partnership (PPP) projects launched in the Middle East and North Africa (Mena) have been…
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Dubai FDI invites Portuguese investors to pursue innovation and growth in Dubai
A delegation from the Dubai Investment Development Agency (Dubai FDI), an agency of the Department of Economic Development (DED), recently…
Dubai Exports hosts joint forum in Sao Paulo to bring focus on Dubai as global halal hub
Dubai Exports, the export promotion agency of the Department of Economic Development in Dubai and the Dubai Islamic Economy Development…
UAE based compareit4me secures $2.4 million investment in latest round of funding
Region’s leading financial comparison website receives further backing from existing investors, while also attracting investment from influential collection of new…
Standard Chartered launches 'Banking the ecosystem' strategy to support global trade
Standard Chartered Bank has launched ‘Banking the ecosystem’, a global strategy that will connect business communities and facilitate increased trade,…
Egypt Central Bank Unexpectedly Keeps Interest Rates Unchanged
Egypt’s central bank unexpectedly kept interest rates unchanged, even after inflation soared to the highest level since at least 2009.…
GCC banks to stay under pressure until 2017 on commodity gloom: S&P Global
Banks in the Gulf Cooperation Council countries, besides some other regions, will remain under pressure for the remainder of 2016…
Longer visas for Dubai property investors will boost market – experts
Dubai’s property market could receive a boost from long-term investors if they are provided with longer-stay visas, experts have opined.…
Dubai property set for return to growth next year, says Knight Frank
Dubai’s residential property market is heading for a "soft landing", with a flattening of prices expected for the remainder of…
UAE lender UNB mandates banks ahead of potential bond issue
Union National Bank (UNB), 50 percent owned by the Abu Dhabi government, said on Thursday it had mandated six banks…
Lombard Risk appoints new business development head for EMEA
Lombard Risk Management plc, a leading provider of integrated regulatory compliance, collateral management and reporting solutions for the financial services…
Antigua and Barbuda Set to Become Premier Destination for Investors in the Middle East
Antigua and Barbuda is expecting to see a significant boost in investment and travel from the Middle East. An…