UAE's Al Hamra Real Estate gets $230 mln financing
Al Hamra Real Estate Development, based in the emirate of Ras Al Khaimah, has obtained an 850 million dirham ($230…
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Coutts Global Markets Weekly – Iraq not yet a global risk
Iraq not yet a global risk The Brent crude oil price experienced a mini spike after the attacks on the…
Mideast funds become more cautious on equities -survey
Middle East funds have become more cautious about investing in equities after sharp pull-backs in some markets underlined how high…
Wealthy Kuwaiti families embroiled in UK lawsuit over $60m loan
Members of two of Kuwait’s richest families are being sued by an English bank over claims they engaged in deceit,…
Barclays Sees Trade Finance, Working Capital Growth in GCC
British banking giant Barclays sees strong potential for its trade and working-capital finance business in the Persian Gulf as regional…
Greenstone Equity Partners Teams Up With Capital Dynamics to Meet GCC Investor Demand
Greenstone Equity Partners has joined forces with Capital Dynamics in the Gulf Cooperation Council (GCC) region to meet rising investor…
Multiple banking windows make financial market competitive: CBO
Muscat Introduction of Islamic banking and its windows has added to the diversity of the financial market in the country…
Mobile banking to boost credit card usage to 38%: Blom Bank Egypt official
Mobile banking is set to increase numbers of credit card users from 33% to as much as 38% of Egyptians,…
Muscat Fund to invest in IPOs, GDRs of MSM-listed companies
The decision was taken at the annual general meeting (AGM) of the unit holders of Muscat Fund. All members of…
Israel: Stress test finds Israel banking system stability safe from recession
There is no danger to the stability of Israel's banking system should there be a severe recession, although the hit…
PwC’s latest Middle East capital projects and infrastructure survey
PwC launched its second Middle East capital project and infrastructure survey today. The survey finds a renewed optimism, with 75…
QIIB launches Ferrari Credit Card
Qatar International Islamic Bank (QIIB), voted "Best Islamic Bank in Qatar"in 2014, launched the first and only Ferrari Credit Card…