07/03/2018
The Central Bank’s statistics showed that in the first five months of the year, the total number of bounced cheques reached 515,000, with an approximate value of Dh26.2 billion not exceeding 4.3 percent of the total value of the cleared cheques at t
07/03/2018
The report said that Emirati investments accounted for 6 per cent of the total Foreign Direct Investments (FDI)
07/03/2018
It’s a move that has been widely anticipated. Indeed, Tilney’s Ben Seager-Scott says it has really been a question of when, rather than if, the kingdom will achieve this status.
07/03/2018
Dubai maintained its top rating in Mena region and improved its global ranking by eight positions to 40
07/03/2018
GDP grew 1.2% in first quarter after shrinking in 2017
07/02/2018
UBS Global Wealth Management believes $10 billion will be from passive and $35 billion from active investments
06/29/2018
Rating assesses banks’ ability to honour non-debt financial obligations
06/29/2018
BoAML research note says Saudi Arabia, Kuwait and the UAE set to attach conditions to support for struggling neighbour
06/29/2018
Several major mergers were announced in May following an active first quarter of 2018
06/29/2018
The actual deficit may turn out to be lower than forecast if oil prices rise, with crude currently calculated at about $50 a barrel, $25 below market prices.
06/29/2018
China's four largest banks in terms of total assets, namely Bank of China, Agricultural Bank of China, Industrial and Commercial Bank of China and China Construction Bank, have successfully upgraded their banking licenses from being subsidiaries to b
06/29/2018
With trade wars, declining consumption and simmering political tensions impacting the market, there are still fortunes to be made with the right preparations, writes Martin-Blessing, co-president, UBS Global Wealth Management
06/28/2018
Its clientele include such names as Bank of Africa, Lebanon’s Bank Audi, and UAE’s Al-Khaliji Bank.
06/26/2018
The slump was led by losses in contractor Drake & Scull
06/26/2018
According to Mercer’s 24th annual Cost of Living Survey, factors like instability of housing markets, low inflation, and fluctuating prices for goods and services are impacting the cost of doing business in various cities around the world.
06/25/2018
As part of its drive to diversify its oil-reliant economy, Saudi Arabia has begun investing in purpose-built economic cities. However, doubts remain about whether they can live up to the lofty aspirations of their architects
06/21/2018
The bank follows a disciplined approach to help clients achieve personal goals and meet financial objectives
06/21/2018
One also frequently hears tall promises from people given to playing to the gallery how they are going to leave no stone unturned in their attempts to bring the 'loot' back home.
06/20/2018
The CIB topped the Egyptian list, coming in the 38th strongest with a net profit of $421 million
06/19/2018
This is compared to 54 percent in the United States and 45 percent in Asia Pacific, making them the most active angel investors across the globe.