UK-based 79th Group family-owned business makes foray into UAE
The UAE has become a major international hub for business as a result of its tax environment and history of…
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UBS Investor Sentiment: Investors Concerned About the War Yet Stay the Course with their Portfolios
Investors remain confident in their region’s economy and stock market, even though many expect prolonged and increased inflation High-net-worth investors…
Spare Technologies granted license as an open banking ancillary service provider in the Kingdom of Bahrain
Spare has received the license from the Central Bank of Bahrain to operate as an open banking ancillary service provider…
Emirates NBD strengthens commitment to ESG agenda
Emirates NBD will structure and manage the UAE’s first sustainable Real Estate Investment Trust, Masdar Green REIT, amounting to AED949…
QCB revises up interest rates
Taking cue from the US Federal Reserve, the Qatar Central Bank (QCB) has hiked its key reference rates by 0.25%…
Bankers quit jobs for shot at riches in ‘Wall Street of crypto’
In the shadow of Dubai’s sail-shaped Burj Al Arab hotel, cryptocurrency executives rubbed shoulders with Emirati royals, Wall Street bankers…
Lebanon probe gets account data on central bank
A Lebanese probe into alleged embezzlement and money-laundering by the central bank governor and his brother received new account information…
Egypt equities in bottoming-out phase; low valuations attractive
Egyptian equities are entering a bottoming-out phase, although there is likely to be more economic pain this year and there…
CFA Institute Names Managing Director, EMEA
CFA Institute, the global association of investment professionals, has named Dana Day as Managing Director, EMEA, effective 23rd May. …
UBS Investor Sentiment: Investors concerned about the war yet stay the course with their portfolios
High-net-worth investors remain deeply concerned about the impact of the war in Ukraine on the global economy and rising inflation,…
The new UAE Labour Law: what employers need to know
Private sector employers in the United Arab Emirates (UAE) should review their policies and procedures following the biggest change to…
CBK raises discount rate to 2.00 %
The Central Bank of Kuwait (CBK) announced Wednesday raising the discount rate from 1.75 percent to 2.00 percent effective May…