Remittances from Qatar up in 2016 first half
Remittance outflow from Qatar increased in the first half of 2016, figures from exchange houses here revealed. Citing a…
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Mideast cross-border deal-making ‘steady’ despite global decline
Global cross-border M&A volume and values were subdued in Q2 2016, as investors held their breath, but the Middle East…
19% increase in industrial investments compared to last year
Industrial indicators are pointing towards a 19% increase in approvals in comparison to the first six months of 2015, Industry…
Northstar Furthers International Expansion With Key Hire and Office Opening in Dubai
Northstar Financial Services Limited is pleased to announce the opening of its Dubai office and the appointment of Sanjeev Chowdhury…
Is 1MDB Malaysia’s defining moment?
The US government has accused Malaysian Prime Minister Najib Abdul Razak of having received hundreds of millions of US dollars…
With freedom no longer the issue, what’s the biggest threat to Sisi?
“Bread, freedom and social justice” were the spontaneous slogans chanted by Egyptians who revolted in Jan. 2011. Five and a…
ADX and ADGM to boost financial services in Abu Dhabi
Abu Dhabi Securities Market has signed a Memorandum of Understanding with Abu Dhabi Global Market, to encourage the growth of…
Economic downturn bites businesses in Dubai
A large GMC 4x4 sits with deflated tyres. Like the Range Rovers and Camaro GT parked nearby, it is covered…
UAE Rebounds, Bank weigh on Saudi
Gulf stock markets diverged on Monday, with the two main bourses in the United Arab Emirates recovering from losses in…
Bank Asya’s licenses cancelled
Recent Development On Friday, July 22, 2016, the banking and capital markets authorities of Turkey cancelled the banking…
Meethaq widens network with new branch in Muttrah
Widening its network across the Sultanate, Meethaq, the pioneer of Islamic banking in Oman from Bank Muscat, opened a state-of-the-art…
Saudi Group Signs Deal Aiming to End Biggest Mideast Default
Ahmad Hamad Algosaibi & Brothers Co. signed a deal with a majority of its creditor banks to restructure about $6…