Damac wins top global award for Park Towers
Dubai-based leading developer Damac Properties has won the top award in Best Mixed-Use Development category of the International Property Awards…
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World economy in dangerous situation: IMF chief
The head of the International Monetary Fund said the world economy was in danger and urged Europeans to speak with…
World economy in dangerous situation: IMF chief
The head of the International Monetary Fund said the world economy was in danger and urged Europeans to speak with…
Islamic finance values hold key to innovation
In the aftermath of the global financial crisis which was precipitated inter alia by the conduct and perceived greed of…
Dubai courts stay busy with debris of real estate crisis
As the financial free zone Dubai International Financial Center (DIFC) welcomed dozens of new banks and companies this year, the…
Credit card fees under UAE Central Bank scrutiny
A sharp expansion in fees imposed by banks in the UAE on credit card holders has prompted the central bank…
Jim Rogers ‘Not Too Optimistic’ About World for Next 3 Years
International investor Jim Rogers says he is short emerging markets including Singapore, where he now lives. “I’m not too optimistic…
UAE is largest GCC investor in Turkey
The UAE has emerged as the largest Gulf investor in Turkey, accounting for more than half the total assets controlled…
Islamic banking calls for technology change
As the sultanate gears up to roll out Islamic banking early next year, Omani banks are preparing to adopt necessary…
NBAD appoints head of Ladies Private Banking
The National Bank of Abu Dhabi has appointed Dr. Mariah Khan as the Head of Private Banking's Velvet Program, a…
UK Islamic bank in talks with Rasmala for 30% stake
European Islamic Investment Bank is in talks to acquire a 30 percent stake in Dubai-based Rasmala Investment Bank, two sources…
UAE’s corporate earnings grow 4%
Total net profit of the UAE’s corporate sector grew 4.3 per cent to touch Dh26.5 billion for the first nine…