Aqualis Offshore appoints new middle east director
Marine and offshore engineering consultancy Aqualis Offshore has appointed Ben Lazenby as director of the company’s Middle East operation, succeeding…
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Four top Interior Ministry officials retired
Deputy Prime Minister and Interior Minister Sheikh Mohammad Al-Khaled Al-Sabah issued decisions to retire Major General Mahmoud Al-Tabbakh, Major General…
Saudi Arabia’s Attempts to Boost Bank Liquidity Aren’t Working
Easier lending rules and direct cash injections are doing little to alleviate a cash shortage at Saudi Arabian banks, now…
Citibank’s UAE chief says it is her ‘destiny to give something back’
When Elissar Farah Antonios became chief executive of Citibank in the UAE, based in Dubai, at the start of this…
63 per cent of GCC HNWIs likely to invest in Global Real Estate in 2016, says Cluttons
The third instalment of Cluttons’ 2016 Middle East Private Capital Survey, carried out in partnership with YouGov, shows that London,…
Banks and merchants must adapt to meet needs of UAE and KSA Millennials, finds Visa study
Over 1,000 Millennials and Non-Millennials across KSA and the UAE were interviewed for the study, which revealed that Millennials are…
Iraq Islamic banks see opportunity for expansion
Despite all the instability and continued sectarian violence in parts of Iraq, the country’s few Shariah-compliant lenders see chances to…
Emaar Said to Pick Banks Including Standard Chartered for Sukuk
Emaar Properties PJSC, the developer of the world’s tallest skyscraper in Dubai, has mandated 10 banks including Standard Chartered Plc…
London the top choice for GCC real estate investors
Wealthy individuals in the GCC will continue investing in global real estate this year with London, New York and Singapore…
Qatar’s liquidity improves after $9bn bond sale
The availability of funds in the Qatari banking system, which earlier this year became a more serious issue than during…
New judge joins ADGM
Abu Dhabi Global Market, the international financial centre in Abu Dhabi, has appointed Lord McGhie as a judge to Abu…
UAE leads Mena’s mergers and acquisitions market deals in first half 2016: EY
The UAE, Saudi Arabia and Egypt were the top three markets in terms of deal activity in the first half…