Knight Frank: luxury spending trends remain strong despite uncertainties
The value of Knight Frank’s Luxury Investment Index (KFLII) increased seven per cent in 2015. The Index, which tracks…
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National Bank of Oman Q1 net profit rises 10 pct
National Bank of Oman, the sultanate's third-largest lender by assets, posted a 10-percent rise in first-quarter net profit, according to…
The men who sold 1MDB on a fake Aabar
1MDB is in quite a pickle after the International Petroleum Investment Co and Aabar Investment PJS denied links to an…
Panama Papers Leak Helps Show That Qatar's Former Prime Minister Is A Billionaire
Hamad bin Jassim bin Jaber Al Thani already had his fair share of high-profile government positions by the time he…
UAE central bank plans reforms to EIBOR quotes: sources
The United Arab Emirates central bank plans to change the way in which banks quote indicative money market rates to…
TNB eyes Middle East, Africa next
TENAGA Nasional Bhd believes its nearly RM1 billion investment in Turkey’s power and water company GAMA Enerji AS will enable…
UAE job advertisements up in Q1 despite financial services decline
Advertised job vacancies for professionals in the United Arab Emirates increased by 8 per cent in Q1 of this year…
World Takaful Conference forges vision for Takaful market in 2020
The second and final day of the 11th annual World Takaful Conference (WTC) built on yesterday’s highly impactful critical discussions…
Saudi Arabia's economic plan takes shape
Sometime in the next few weeks, Saudi Arabia is expected to release a National Transformation Plan designed to restructure its…
Dubai, Chinese firms to launch Islamic fund to invest in China
Shariah-compliant firm Mawarid Finance and Fullgoal Asset Management from Hong Kong will launch an Islamic fund later this year in…
Surging confidence across different sectors to boost FDI into UAE: Al Mal Capital
The current market condition offers unmatched opportunities for the UAE’s economy, which remains the number one market in the region…
Ezdan Holding gets nod for $2bn sukuk
Qatar's Ezdan Holding said on Tuesday it received shareholder approval to raise $2 billion through the issuance of sukuk. …