Gulf markets diverge; Egypt settles at 14-month high
Stock markets in Dubai and Egypt climbed to multi-month highs yesterday but Saudi Arabia was dragged lower by banking shares…
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Al-Baraka Bank ready to purchase Burj Bank; final approval on Aug 22
The AL-Baraka Bank Limited has decided to purchase the Burj Bank Pakistan and has submitted a request to the State…
Mashreq is ‘Best Consumer Digital Bank in Qatar’ for eighth year
Mashreq Qatar has been recognised as the “Best Consumer Digital Bank in Qatar 2016” by Global Finance magazine for the…
More businesses in Dubai optimistic, wants to expand — survey
About 61 per cent of the businesses in Dubai are confident and optimistic over the next two years even as…
Some International Companies Cautiously Return to Iraq
For years, Iraq has careened from crisis to crisis. Now, some foreign companies see opportunity as the turmoil appears to…
$11 Trillion Muslim Wealth Mountain Calls to Asian Fund Managers
The race to tap an $11.5 trillion pool of wealth held by Muslim individuals, institutions and governments is intensifying. …
Taqa Debt Beats Middle East as Abu Dhabi Utility Mulls Bond Sale
Abu Dhabi National Energy Co. bonds are outperforming regional debt just as the government-controlled utility known as Taqa considers selling…
Qatar central bank offers bonds in first riyal sale this year
Qatar’s central bank is offering QAR3bn of government bonds in its first domestic bond sale this year, suggesting liquidity conditions…
NBAD group chief executive steps down
Alex Thursby has stepped down as the group chief executive officer (CEO) of the National Bank of Abu Dhabi (NBAD)…
Panmure Gordon appoints new director
The Company has been advised by QInvest that, following the resignation from the Panmure Gordon Board of its representative Caspar…
Business in Turkey, now faster and more reliable
Recent development In an effort to make doing business in Turkey easier and boost both domestic and cross-border private…
Banking measures aiming to serve Bahrainis with special needs
Bahrain’s retail banks have been instructed to equip one of their branches to serve people with special needs, alongside other…