Dubai's Mashreq expects wholesale ops to outgrow market in 2016
Mashreq, Dubai's third-biggest bank by assets, expects its wholesale operations to grow 25 to 30 percent above the market in…
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Dubai Government Backs Expansive Blockchain Research Effort
An innovation center established by Sheikh Mohammed bin Rashid, vice president and prime minister of the United Arab Emirates and…
U.A.E. Central Bank Foreign Assets Decline $12 Billion
The United Arab Emirates central bank’s foreign assets fell by $12 billion in January from the previous month as the…
ADSG Announces Winners Of Annual Abu Dhabi Sustainable Business Leadership Awards
The Abu Dhabi Sustainability Group, ADSG, today announced the winners of its annual Sustainable Business Leadership Awards, 2016. This…
Malta Stock Exchange adds Sharia equity index
The Malta Stock Exchange (MSE) has launched the MSE Sharia Equity Index, which has been certified as compliant with Islamic…
Why Sovereign Wealth Funds Are Selling Equities
The world's capital markets have been roiled this year by rumors that sovereign wealth funds of oil-dependent states are selling…
DIFC reports results for 2015
The number of new company registrations at DIFC increased by more than a quarter (27 per cent) compared with 2014,…
Bahrain says talking with lead managers after S&P downgrade
Bahrain said on Wednesday that it was talking with the lead managers of its latest sovereign debt offer after Standard…
Egyptian banks unconcerned with Africa
Despite Egyptian banks’ dedication to expanding operations in overseas markets, they are still significantly unconcerned with Africa, whether northern or…
Saudi Ahli Commercial Bank shuts down Beirut operations
The Saudi Ahli Commercial bank has decided to close its branches in Lebanon after years of operation in the country,…
Oman’s bank credit grows 8% to OMR18.3b
Oman’s commercial banks have achieved a robust 8.39 per cent growth in total credit at OMR18.32 billion for 2015, from…
Top reasons UAE expats fail to save money
Are you struggling to save money for retirement? Is your bank account looking a little empty after years of working…