Mohammed bin Rashid names SG of Dubai Free Zones Council
In his capacity as Ruler of Dubai, Vice President and Prime Minister, His Highness Sheikh Mohammed bin Rashid Al Maktoum, …
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Dubai first half corporate earnings surge to $4.1b
Driven by strong banking sector growth Dubai's corporate earnings expanded 3.7 per cent year-on-year to 4.1 billion in the first…
DIFC Courts wins consultancy deal for Kazakhstan financial centre
The Dubai international Financial Centre Courts have been selected to advise Kazakhstan’s Central Bank on establishing a commercial court system…
Dubai Financial Market implements Avaya SDN Fx technology
The Dubai Financial Market is now powered by Avaya’s SDN FX fabric networking technology. The exchange has selected this solution…
Global specialist law firm announces association in KSA
Global specialist law firm Decher has announced that it has formed an association in the Kingdom of Saudi Arabia with…
Cerno Capital compares vulnerabilities in the Turkish economy vs. the Chinese economy
Turkey is significant, due to the size of its economy (13th largest among OECD countries) and its geographical and economic…
Euronext extends global reach to Israel
Euronext has announced that it has received approval from the Israeli Securities Authority (ISA) to allow Israeli based qualified trading…
UGB appoints Acting Chief Executive Officer
United Gulf Bank B.S.C., announced the appointment of Mr. Hussain Lalani as the Acting Chief Executive Officer. He is a…
Dubai’s SKAI in $300m funding deal with some of China's biggest banks
Dubai real estate firm SKAI, the developer behind the Viceroy Dubai Palm Jumeirah hotel project, has secured $300 million in…
Recent Developments in Private Banking
Last year the private-banking industry worldwide managed $20.3 trillion of assets in total, up from $18.5 trillion in 2013, which…
Reliance Group to expand business cooperation with Qatar
Anil Ambani-led Reliance Group has expressed a keen interest in playing a larger role in the growing economic ties between…
Kuwait’s banks maintain strong momentum
The total assets of banks in Kuwait rose 12.2% year-on-year y-o-y to KD66.4bn $220bn in 2014, according to July report…