11/15/2018
Emirates Palace spends about $130,000 a year replacing gold ceiling
The gold leaf typically lasts for just four to five years, according to the palace, and so it's constantly being replaced.
Research, Comment and Analysis
11/15/2018
Middle East should learn from Hong Kong’s evolution
Pressuring firms to appoint new leadership could also drive change
11/14/2018
Middle East welcomes ten new members to billionaire's club
For the MENA region, its 52 billionaires (with only one member falling from the list in the past year) together boast a wealth of $165.1 billion, up from $143.8 billion in 2016.
11/14/2018
More work to be done to improve UAE legal structure, says Al Mulla
Often called ‘the father of UAE law’, Al Mulla is a well-known figure in the country’s legal industry, having spent more than 30 years drafting many of Dubai’s legislative structures, including the free zone concept.
11/14/2018
Report: Middle East countries safer than Europe, US
The report gathered statistics from the World Economic Fund, the World Risk Report, the UK’s National Health Service Fit for Travel website and the British Foreign and Commonwealth Office.
11/13/2018
Strategic investments in spotlight at forum
The day-long event at The Ritz-Carlton Bahrain was organised by Tenmou
11/12/2018
Cartier honors its historical ties to Middle East
Cartier’s event featured the largest-ever 3D hologram screen, on which the maison’s iconic panther was seen strolling graciously.
11/12/2018
Auction of Saudi tycoon's properties to start Dec 2
The case is separate from the scores of Saudi businessmen and prominent figures who were held on corruption charges last year at Riyadh's Ritz-Carlton Hotel, although it touches on similar investor concerns about corporate governance.
11/12/2018
Report: UAE Banking System Stable for Now
Profitability will improve slightly as rising interest rates support net interest margins.
11/09/2018
NBB receives special award from Citi Bahrain
NBB head of coverage, corporate and institutional investment banking Ali Abdulkarim; relationship manager financial institutions Amal Safar; head of treasury operations Nabeel Kazim; and Citi head of financial institutions, Bahrain and Kuwait, Omar Kopti
11/09/2018
Colony Capital founder says firm will focus on asset management
US-based Colony was this year pipped to take over Abraaj Goup's funds management unit
11/08/2018
Kuwait ranks 3rd in GCC inequality ‘distribution of wealth’ for this year
Qatar 1st among best countries in Arab world
11/08/2018
Islamic Finance Gateway daily briefing
Kuwait central bank studying potential KFH-AUB merger
11/08/2018
UAE banks to maintain strong capital and profitability, Moody’s says
Higher oil output and government spending to prop up the sector
11/08/2018
Saudi Arabia to lead $300bn regional funding drive says S&P
GCC states have $300bn requirement
11/08/2018
UAE foreign direct investment changes 'will increase diversification' of economy
The 'positive list' will be issued following consultation with the government's new Foreign Direct Investment Committee.
11/07/2018
UAE cenbank governor expects 2.8 pct GDP growth this year
In the third quarter of this year, GDP growth is expected to be at 3.1 percent
11/07/2018
Banking: Merger momentum grows in the Gulf
With 46 commercial banks for a population of just nine million (not counting the banks in the Dubai International Financial Centre), the United Arab Emirates has long been exceptionally overbanked.
11/07/2018
UAE Central Bank says economy to expand 4.2% in 2019
The country's banking system also continues to restrict its dealings with Iran without any material impact on the economy, governor says
11/07/2018
Bahrain raises its game in aviation
Drive around Manama and you will see almost as many cars with Saudi registration plates as Bahraini ones