CBB government development bond issue No.32 fully subscribed
The Central Bank of Bahrain has announced that the issue of the 2-year Government Development Bond has been fully subscribed…
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Five ways to get your finances back in shape
As we approach the end of H1 2023, there is an increased discussion about a global rise in employment layoffs,…
Banking sector driving UAE financial markets following positive earnings announcements
Driven by robust gains in the banking sector following positive earnings announcements, Abu Dhabi bourse finished 0.773% higher Thursday, with…
Institutional investors and wealth managers highlight growing creditworthiness of the GCC fixed income market
According to research* by European ETF provider Tabula Investment Management Limited, 97% of European institutional investors and wealth managers agree…
DIFC data protection regulations set for AI update
The use of artificial intelligence (AI) systems by businesses operating in the Dubai International Financial Centre (DIFC) is set to…
Towards a greener world
Recycling is a vital concept that teaches children about environmental stewardship. It encourages the younger generation to be responsible and…
Dubai records over $517mln in realty transactions Wednesday
Dubai real estate market recorded 451 sales transactions worth AED1.2 billion, in addition to 82 mortgage deals of AED663.03 million,…
UAE job loss insurance: 3 fines for violations, failure to subscribe before June 30
The grace period for unemployment insurance subscription is ending soon — and employees who fail to meet the June 30…
RAKBANK delivers the highest annual profit growth in over a decade
Highest net profit growth rate in over a decade. A high single digit income growth supported by robust increases on…
Lombard Odier appoints Head of its Dubai office
Bank Lombard Odier & Co Ltd has officially announced the appointment of Mr. Amer Malik as Local Managing Director of…
New corporate tax in the UAE will bring more market transparency – KPMG CEO
The UAE’s new corporate tax, which will be implemented from June 1, 2023, will bring more transparency to the market…
UAE' biggest bank FAB powers up with Dh3.9b Q1-2023 net profit
The UAE's biggest bank FAB has had a good start to 2023 - but with first quarter 2023 net profit…