Brookfield to buy 60% of First Abu Dhabi Bank’s payment arm
Brookfield Asset Management signed an agreement to buy 60 per cent of the payments business of First Abu Dhabi Bank …
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Dubai consultancy founder Nigel Sillitoe gets 10-year UAE Golden Visa
Dubai-based Insight Discovery consultancy CEO and founder Nigel Sillitoe has been granted a 10-year Golden Visa by the UAE. …
CleanTech innovation offers opportunities for Saudi investors
Innovation is needed to achieve a net-zero future and this is something the recently launched Saudi UK Tech Hub plans…
Egypt on green, sustainable finance map: Finance Minister
Minister of Finance Mohamed Maait said that there is a presidential mandate to expand green and sustainable financing in the…
Regulating crypto assets continues to be a tough feat
The introduction of any innovative technology always comes with numerous challenges. Technological innovations such as blockchain, artificial intelligence and machine…
What are the implications of the UAE's monopoly on issuing Egyptian sovereign bonds?
Emirati banks' issuance of Egyptian sovereign bonds and the arrangement and provision of loans, raised several questions about the significance…
Turkey’s banks may need capital increase, Fitch Ratings says
Capital increases may be needed at Turkish banks with fairly thin buffers or to support economic growth, Lindsey Liddell, a…
Large UAE banks to attain pre-pandemic level profitability in 12-18 months: Moody’s
The profits of large UAE banks will reach pre-pandemic levels in the next 12-18 months, according to a report published…
Saudi Arabia's actual budget deficit in 2021 narrows to $19.6bn
Saudi Arabia reported a narrower budget deficit for 2021 from what was previously estimated in December, Ministry of Finance showed…
Dubai tops 100 international cities in luxury homes price rise: Knight Frank
Luxury home prices rose at fastest rate on record with Dubai leading at 44 percent in a year, according to…
PwC reports hightlights trend in Qatar’s real estate sector
A new analysis by PwC Middle East indicates that five key factors will drive Qatar’s real estate sector in 2022…
Emirates NBD makes a clean sweep with four top titles at The Asian Banker Regional Awards 2021
Recognized as Best Digital Bank in the Middle East for fourth consecutive year Bank also awarded the title for Best…