GCC banking profits could near pre-pandemic levels by 2022 finish
Banking profits across the Gulf Cooperation Council (GCC) could near pre-pandemic levels by the end of this year, a report…
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Gulf central banks raise interest rates after Fed's supersize increase
The central banks of the UAE, Saudi Arabia, Bahrain, Kuwait and Qatar raised their benchmark borrowing rates after the US…
New UAE copyright law is one of the toughest in the world
Data, content, and intellectual property cannot be trifled with in the UAE. The laws of the land and the courts…
UAE In-Focus — Salik raises over $1bn in oversubscribed IPO
Toll operator Salik raised 3.73 billion dirhams ($1.017 billion) in an initial public offering on the Dubai Financial Market, according…
Regulated fintech in Bahrain enables crypto payments with Binance
Cryptocurrency adoption continues growing in the Kingdom of Bahrain, with local companies enabling payments in crypto like Bitcoin (BTC). …
Top Rothschild Banker Moves to Dubai
A top investment banker at Rothschild is reportedly relocating to Dubai to capture opportunities from the growing Middle Eastern IPO…
GCC central banks raise interest rates to fight inflation
The US Federal Open Market Committee (FOMC) has hiked its key interest rates by 75 basis points (bps) on Wednesday,…
Saudi Arabia's non-oil exports rose 26% to $7bln in July 2022
Saudi Arabia’s non-oil exports grew more than 26% year-on-year in July 2022 to hit SAR26.7 billion riyals ($7.1 billion), data…
Emaar Properties fully acquires Dubai Creek Harbour
Emaar Properties PJSC held a General Meeting, where shareholders approved the acquisition of Dubai Creek Harbour from Dubai Holding LLC…
Marriott International to open over 20 properties across the Middle East
Marriott International has announced plans to expand its Middle East footprint with the addition of over 20 properties and more…
Royal Family of Dubai Company Seed Group Partners With CoinCorner To Facilitate Bitcoin Transactions In The UAE
CoinCorner, a global leader in Bitcoin and Lightning Network services, has partnered with Seed Group, a company of the Private…
Jordan's King discusses economic modernisation efforts with World Bank
His Majesty King Abdullah on Tuesday met with World Bank Group President David Malpass in New York and discussed Jordan’s…