Dubai private sector growth, employment picks up in July
Overall business conditions in Dubai improved to their highest level since last March signalling a positive start to the third…
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Recovery agents harassing debtors in UAE
Debt-ridden residents in the UAE are increasingly feeling harassed and threatened by collection agents who are out to recover payments…
Former Arabtec chief Hasan Ismaik plans to take Abu Dhabi investment group Marya public
The Marya Group, which is chaired by the former chief executive of construction firm Arabtec, plans to seek a listing…
New Tax Law to improve Turkey's investment climate enters into force
Recent Development The "Law Amending Certain Laws to Improve the Investment Climate," ("Law") which introduces new amendments on the…
Egypt closes 48 forex bureaus in black market crackdown
Egypt’s central bank has closed 48 foreign exchange bureaus since the start of the year for trading at black market…
Ithmaar Bank announces half year results
Ithmaar Bank, a Bahrain-based Islamic retail bank, reported today a net profit of US$11.96 million for the first half of…
Middle East creating billionaires at a faster rate than rest of the world
The Middle East is creating new billionaires at a faster rate than most of the rest of the global economy,…
DAFZA and Spanish Business Council delegation review investment cooperation
The Dubai Airport Freezone Authority discussed ways to develop mutual economic cooperation with the Spanish Business Council in order to…
Emirates NBD launches mobile contactless payments solution
Emirates NBD has unveiled Emirates NBD Pay, an NFC-based mobile contactless payment solution. The UAE-based bank says it is…
Path Solutions wins Corporate Vision’s 2016 Technology Innovator Award for Best Islamic Core Banking System Provider
Path Solutions, the premier provider of Islamic banking software solutions and services, is pleased to announce that it has been…
Sharjah reports $3.3bn in real estate transactions in H1
The total value of real estate transactions in Sharjah in the first half of the year amounted to AED12.1 billion…
Dubai Dreams: Jobless medical rep becomes UAE multi-billionaire
A young, indebted and jobless Indian who came to the UAE in the early 1970s is today one of the…