Ithmaar Holding shareholders approve plans to sell range of Bahrain assets
Bahrain-based Ithmaar Holding’s shareholders have approved plans to sell some of the company’s key assets to Al Salam Bank, it…
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QCB raises repo rate by 25 basis points to 1.25%
The Qatar Central Bank announced that it raised the repo rate (QCB repo rate) by 25 basis points to 1.25%,…
Top UBS Middle East Investment Banker Set to Join Mubadala
UBS Group AG’s head of investment banking in the Middle East is set to join Abu Dhabi wealth fund Mubadala…
Qatar's central bank raises repo rate by 25 basis points
Qatar's central bank raised the repo rate by 25 basis points to 1.25% after taking into account the evolving domestic…
UAE’s ADNOC awards agreements worth Dhs2.4bn to support upstream growth
Abu Dhabi National Oil Company said on Thursday that it has awarded framework agreements valued at Dhs2.4bn for cementing services.…
Kuwait proposes gradually raising retirement age by three years starting from 2024 – minister
Kuwait's government proposed gradually raising the retirement age by three years starting from 2024, its finance minister Abulwahab Mohammed Al…
Public demand to drive growth in Bahraini Islamic banking sector
Bahrain’s Islamic banking sector growth (including Islamic windows) is expected to continue growth in 2022-2023, thanks to the strong momentum…
Turkey to Hold Rates as Ukraine, Fed Test Lira: Decision Guide
Turkey is expected to keep interest rates steady for a third consecutive month on Thursday even as Federal Reserve policy…
Mena economies can add up to $1.6tn over 30 years by fully digitalising: World Bank
Economies in the Middle East and North Africa can achieve 46 per cent growth in per capita gross domestic product…
Dubai’s real estate market backed by strong buyer appetite
What’s your outlook for the property sector in 2022? Based on trends and developments in 2021, we saw real…
Investments in Saudi industrial sector hit $354bln in January
The total volume of investments in Saudi Arabia’s industrial sector accumlated to SR1.33 trillion ($354 billion) by the end of…
Aldar Properties launches world’s first Louvre-branded residences in Abu Dhabi
Aldar Properties (Aldar) and Louvre Abu Dhabi have partnered to launch the world’s first Louvre branded residences in the capital…