Oman Arab Bank’s OMR 50mln perpetual bonds issuance oversubscribed by 60%
Oman Arab Bank has successfully closed a new Subordinated Perpetual Additional Tier 1 Bond issuance of OMR 40 million with…
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UAE’s pension scheme is ranked 23rd worldwide
The UAE has moved up two places in the ranking of pension systems around the world. The Mercer CFA…
Qatar Islamic Bank posts 7% rise in M9 2023 net profit
Qatar Islamic Bank has reported its nine-month 2023 net profit of 3.05 billion riyals ($839 billion), up 7% over the…
UAE Corporate Tax: Small businesses unsure on compliance should check out 'Muwafaq' package
Small businesses in the UAE still unsure about how to go about corporate tax compliance can do themselves a lot…
UAE: Gold prices jump over Dh1 per gram as Middle East conflict escalates
Gold prices jumped more than one dirham per gram in the UAE on Wednesday morning due to the escalation of…
Livelihoods of half a billion at risk in Middle East from climate change, report finds
A new report has warned the livelihoods of more than half a billion people in the Middle East and North…
UAE investments in Turkey hit $5.6bn
UAE investments in Turkey reached AED20.6bn ($5.6bn) earlier this year, while trade between the two countries measured at around $10bn…
EY Reveals Exponential Growth in MENA as Net Profits up by 30%
The Middle East and North Africa region has seen exponential growth year-on-year (YoY) according to EY MENA’s latest banking report. …
UAE to launch national domestic card scheme
The United Arab Emirates is to establish its own domestic card scheme in a bid to encourage strategic independence from…
Abu Dhabi flying taxis to take off in 2026
Flying taxis will take off in Abu Dhabi in 2026, as the emirate looks to become a major international force…
UAE Central Bank subsidiary unveils instant payments platform for digital transactions
Al Etihad Payments, a subsidiary of the UAE Central Bank, has unveiled Aani, an instant payments platform that is intended…
Dubai's AHS Properties plans to launch $850 million project in Dubai
Dubai's AHS Properties plans to launch a $850 million project next month amid higher demand for luxury property in the…