Millionaires control 42% of wealth in UAE
The combined fortunes of millionaires in the UAE continue to expand, with their assets now representing nearly half of the…
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Arab banks’ ties to foreign banks under pressure, survey finds
More than a third of Arab banks have seen their business links with foreign banks shrink over the past four…
Links Group partners with global company Equiom Group
Links Group, the UAE and Qatar's leading provider of commercial facilitation and advisory services has today announced a strategic partnership…
Banks offer interest-free school fee payment plans
With new academic term about to start, banks in Qatar have launched schemes offering interest-free plans to pay school fees.…
Turkish bank regulator takes control of Boydak in coup probe
Turkey's deputy prime minister said on Tuesday that companies linked to a group blamed for a failed coup posed a…
Key executive at Bahrain's Bank ABC to depart in early 2017
The chief banking officer of Bank ABC, Ray Ferguson, will step down from his position at the Bahraini lender in…
Islamic finance gets strong growth momentum in Russia
Russia, the latest entrant into the Islamic finance sector, continues to open new avenues to finance its banks and to…
UAE listed firms see profits drop by 8% in first half
UAE listed companies’ earnings dropped by 8 percent year-on-year in the first half of 2016 as low oil prices and…
Turkish construction firms in Dubai show high investment potential
The July 15 coup attempt did not push Gulf investors away from Turkey. Presenting a message of unity and…
Turkey's business community welcomes investment package
Turkish business community representatives have heaped praise on government’s recently-announced investment program for the country’s eastern and southeastern parts. …
Launch of Banking App for the Apple Watch by Saudi Hollandi Bank
Saudi Hollandi Bank, announced the launch of a banking app designed for the Apple Watch, a first in the Kingdom…
Israeli Court Issues FATCA Injunction
The Supreme Court of Israel recently issued an interim order preventing the Israeli Government from transferring personal financial data to…