Barclays names Middle East chairman
Barclays Plc (BARC), the U.K.'s second-largest bank by assets, appointed Makram Azar as its chairman for the Middle East and…
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UAE is No 3 choice for UK expats to live and work abroad
The UAE is ranked as the third best country for UK expats according to the NatWest International Personal Banking (NatWest…
GCC states spread the wealth around
The Gulf Cooperation Council maintains a quite substantial sovereign wealth funds (SWFs), and much to their credit, they invest these…
First Finance Company wins "Best Business Finance Company" at The Banker Middle East Industry Awards 2014
This is the third consecutive year FFC has received award recognition from CPI Financial for its comprehensive range of Shari'ah…
Investing in local startups
Marwan Kheireddine is the chair and general manager of Al-Mawarid Bank, one of the shareholders in the Virgin Megastore franchises…
Dubai Establishes New Dispute Settlement Authority
On 28 May, His Highness Sheikh Mohammed bin Rashid Al Maktoum announced the amendment of Dubai Law No. 9 2004…
Cabinet decides to use Saudi fund
The Cabinet today decided to go ahead with the agreement to receive Rs 2.82 billion from the Saudi Fund for…
UAE bond sales raise record $6billion
Top UAE entities have raised more than $6 billion in record bond sales. Telecom operator etisalat led Thursday’s announcements…
Kuwait government denies corruption allegations
Kuwait's government on Wednesday disputed allegations by the opposition that tens of billions of dollars were stolen from public funds…
EFG-Hermes Sees IMF Egypt Loan as Gulf Backers Seek Partners
Egypt will probably restart loan talks with the International Monetary Fund as Gulf Arab allies say they need partners to…
UAE- Banking on tablets safer than PC
Online banking transactions through an android-operated tablet is safer than a pc or laptop advised f-secure chief research officer mikko…
MENACORP awarded 'Best Brokerage House-Dubai' by AFE
MENACORP, the UAE's leading investment bank, has won the prestigious 'Best Brokerage House- Dubai' award given by the Arab Federation…