Lebanese Canadian Bank shareholders sue Deloitte for failing to flag up money laundering
A Dubai-based investment group is suing the Middle Eastern arm of Deloitte and Touche after the accounting firm failed to…
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Doha Bank Al Dana millionaire named
Doha Bank has announced the latest winners of its Al Dana Savings Scheme at a draw held at the bank’s…
Exiled Yemen government risks humanitarian catastrophe to cut off central bank
In Yemen’s war of attrition, the Saudi-backed exiled government has now decided that the central bank is an easier target…
Al Masah Capital's investment report shows UAE economy 'cruising along'
A recent investment report by Al Masah Capital, an alternative asset management and advisory firm focusing on the MENA region,…
Qatar fund buys 9.9% stake in Empire State Building owner
Qatar Investment Authority, the Middle Eastern country’s sovereign wealth fund, bought a near 10 per cent interest in Empire State…
Should GCC banks be wary of Fintech entry?
Since the time internet revolutionized global communication, information technology (IT) has been disruptive, and has changed the business model of…
Qatar's financial position 'will remain strong over next decade'
Qatar, whose budget will turn back to surplus in 2017, will remain in one of the strongest fiscal positions in…
'Weak deposits, credit to affect UAE banks' profitability'
Banks are forecast to face tougher times ahead, as consumers are making less cash deposits, while business and government loans…
Business Outlook: Saudi Market and Investors
Stock markets around the world crashed in 2008 and billions of dollars were lost, but most of the world’s major…
UAE India Economic Forum focus to step up ties
Key opportunities for diversifying and deepening the economic partnership between India and the UAE will come under the spotlight at…
Emirates NBD’s Islamic arm cuts over 100 jobs
Emirates Islamic, the sharia-compliant arm of Dubai’s largest bank Emirates NBD, has laid off more than 100 people as part…
KFH Wins STP Award 2016 from Citi Bank
Kuwait Finance House won STP award 2016 from Citi Bank, as the best financial institution in the Middle East to…