New €500 million facility to green Turkey’s financial system
The EBRD has agreed a first transaction under a new financing facility that will benefit thousands of businesses and homeowners…
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Dubai’s ICD Explores Sale of $1 Billion IT Services Firm
Dubai’s sovereign wealth fund is exploring a potential sale of British software services company SmartStream Technologies Group, according to people…
Overview of the New UAE Federal Penal Code
The UAE has recently issued a number of legislative reforms as part of its golden jubilee. One such change is…
EMEA Perspectives: From secular stagnation to stagflation?
After latest revisions triggered by the geopolitical escalation, our growth forecast for the Eurozone stands at 2.6 per cent, while…
Dentons recruits Co-Clients and Markets Partner
Dentons has announced that James Batham will be joining the firm as co-Clients and Markets Partner in the firm's UK,…
London beats Dubai as top city for foreign investment in finance
LONDON attracted more foreign investment in finance firms than any other city last year, underlining the Square Mile's attraction to…
Bergen records strong growth in the first quarter of 2022
Bergen Bank has announced financial results for the first quarter ending March 31, 2022. The bank had a revenue of…
Qatari listed banks post highest sector average for ROE in GCC: KPMG report
KPMG recently released the seventh edition of its Gulf Cooperation Council listed banks’ results report which analyses the financial outcomes…
UAE banks’ financial soundness measures remain robust: Central Bank
Financial soundness indicators of UAE banks are robust and improving as the economy picks up momentum, according to the UAE…
Sharjah’s economy grows 4.8% in 2021, DSCD economic survey reveals
Sharjah’s gross domestic product (GDP) expanded by an annual 4.8% in 2021, as per official data released by the emirate’s…
UAE among world’s top markets with highest trust in the financial services sector
The UAE has been named among world’s top markets with highest trust in the financial services sector, according to a…
ADCB reports net profit in Q1 2022
Abu Dhabi Commercial Bank PJSC delivered a solid performance in the first quarter of 2022, despite ongoing global uncertainty, recording…