CI: Proposed merger of NBAD and First Gulf Bank to have favourable credit implications
The proposed merger of two major UAE banks, the National Bank of Abu Dhabi (NBAD) and First Gulf Bank (FGB),…
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Cayan Signs Agreement with Bidaya Home Finance
Cayan Group, the leading property developer in the Middle East, recently signed an agreement with Bidaya Home Finance in Saudi…
Dubai Financial Market Welcomes The Listing Of Afkar Capital’s Exchange-Traded Fund
Dubai Financial Market today welcomed the listing of Afkar Capital’s Exchange Traded Fund, under the trading symbol “UAETF”. The…
Fitch downgrades Bahrain's credit rating
Fitch Ratings agency on Tuesday downgraded Bahrain's long term credit outlook to a non-investor level, making it the first Gulf…
SAS extends partnership with RAKBANK for Analytics solutions to deliver efficient marketing strategies
After the successful collaboration and implementation of anti-money laundering (AML) solution in 2015, SAS, the leader in analytics, and RAKBANK,…
Dubai Prime-Residential Market outperforms overall market in Q1 2016
The prime-residential market in Dubai beat the overall residential market by nearly doubling in volume of sales from the fourth…
Saudi Arabia private wealth to rise to $2 trillion by 2020
By 2020, private wealth in Saudi Arabia will rise to $2 trillion, according to a new report by The Boston…
VAT To Open Up Employment Opportunities In UAE
Hundreds of new employees will be hired over the next few months in the UAE and the rest of the…
Bahrain Institute of Banking and Finance deputy director addresses banking gathering in Jeddah
The Bahrain Institute of Banking and Finance recently participated in the 31st meeting of the Gulf Cooperation Council Commission of…
Wealth of UHNW Households in Qatar Seen Growing by 14.5% to Hit $0.5tn By 2020
Private wealth of ultra-high-net-worth households in Qatar is projected to grow by a staggering 14.5% to reach about $0.5tn by…
British Pound crushed again: 5 ways UAE residents can benefit from Brexit
Last Friday, more than 17.4 million Brits voted for their country to exit the EU while 16.1m voted for it…
Every Banker in the World Is Chasing the Saudi Aramco Deal
When news broke in January that Saudi Arabia was considering an initial public offering of its state-owned oil company, the…