UAE leading the shift away from cash
Consumer education and government initiatives will further spur the adoption of cashless payment solutions in the Middle East region, industry…
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Big Gulf Funds Shouldn’t Fret About Treasuries, Atlanta Fed President Says
Large Middle Eastern holders of U.S. Treasuries shouldn’t worry about the stability of their investments especially as the U.S. economy…
UAE’s banking sector returns to a strong growth trajectory, says IIF
The first quarter data from the leading UAE banks indicate that the banking system in the country has turned around…
Egypt: Private sector fears ‘wealth tax’ will repel investment
The cabinet has imposed Wednesday an additional “exceptional” tax of 5% on individuals with an annual income exceeding EGP 1m…
Dubai-based banker appointed Global President of United Bank
Wajahat Husain, a Dubai-based banker and head of UBL’s International Group, has been named as the bank’s global president, …
Jersey eyes closer ties with UAE financial sector
Jersey, the self-governing British Crown dependency located in the English Channel, is keen on closer ties with the UAE’s financial…
Jadwa Investment appoints new CEO
The Board of Directors of Jadwa Investment has appointed Tariq Al Sudairy as its new Managing Director and CEO, effective…
Should Jordan's investment promotion efforts be closer to home?
Jordanian policy makers must promote the Kingdom as a base for regional business to attract investments, an expert said Thursday.…
Israel Inks Model 1 FATCA IGA
Bloomberg BNA is reporting that Israel has signed a FATCA IGA. The agreement is a Model 1 agreement, meaning…
Pakistan invites Middle East banks for investment
Pakistan is seriously considering a possibility of sukuk transaction in later part of 2014 and expects an active participation of…
Global sukuk issuance hit USD 13.4 billion in April
Kuwait Finance House (KFH) announced on Friday(May 9th) the global primary sukuk market has begun 2Q 2014 on a solid…
QFMA eyes Qatar as regional hub for foreign funds and technology
HE Sheikh Abdullah bin Saoud Al Thani, Chairman of the Board of Directors of the Qatar Financial Markets Authority (QFMA),…