06/15/2014
A leap in bank lending to the construction industry indicates financial institutions have resumed pouring money into real estate projects in the last few months, after cutting back sharply in the wake of Dubai's 2008 crash.
06/14/2014
First Finance Company, a member of Barwa Bank Group, won "Best Business Finance Company" at the 2014 Banker Middle East Industry Awards ceremony held at the Emirates Towers Hotel in Dubai on 3rd June.
06/14/2014
The report reveals that 75 per cent of expats consider career opportunities to be the key driver for moving to the UAE.
06/13/2014
Top UAE entities have raised more than $6 billion in record bond sales.
06/12/2014
Its annualised return over the past 10 years has been 11.7pc versus 5.9pc by the index, and it has consistently ranked in the top quartile of its peers.
06/12/2014
The UAE constitutes the largest life insurance market in the GCC with total gross premiums of US$8 billion
06/12/2014
MENACORP, the UAE's leading investment bank, has won the prestigious 'Best Brokerage House- Dubai' award given by the Arab Federation of Exchanges at the recently concluded AFE Equities Summit 2014 held in Dubai.
06/11/2014
The remote membership is likely to be rolled out in the third phase of development, according to sources quoted by the English daily.
06/11/2014
The Sawiris family is among the wealthiest in Egypt. Sawiris's brother, Naguib Sawiris, has made an offer to buy a 20 percent stake in one of the Middle East's biggest investment banks EFG Hermes
06/11/2014
The Hilton Worldwide-operated hotel is set to open in early 2018 and will part of the CityCenterDC in the US capital.
06/11/2014
Emaar Malls said the deal would remain benchmark size, which is traditionally understood to mean in excess of $500 million.
06/10/2014
First Gulf Bank PJSC, the United Arab Emirates’ third-largest lender by assets, registered to sell as much as $1 billion of securities on the Tokyo Pro-Bond Market as it seeks funds to expand.
06/10/2014
The Italian firms’ interest in Abu Dhabi market shows growing appittite among government, corporate and individual clients to get the best out of innovators
06/09/2014
London accounts for around one-fifth of the UK's total GDP
06/09/2014
Bank Muscat is seeking offers from potential buyers for its brokerage operations in the sultanate, according to three people with knowledge of the matter.
06/09/2014
ADCB and Saadiyat Development and Investment Company ink luxurious residential development
Abu Dhabi Commercial Bank and Saadiyat Development and Investment Company have announced the signing of a customer financing agreement for Hidd Al Saadiyat, a luxurious residential development project on Saadiyat Island, Abu Dhabi.
06/09/2014
Ooredoo was awarded “Best Islamic Borrower” at the annual EMEA Finance Achievements Awards in London
06/08/2014
Bank Muscat GCC Property Income Fund, a fund managed by the Asset Management division of Bank Muscat has been launched to harness opportunities in the property market. The fund will invest in income yielding properties that is expected to generate a stabl
06/06/2014
World Bank Group President Jim Yong Kim, on his first visit to Saudi Arabia, has hailed the Gulf kingdom's leadership role in global and regional economic developments.
06/05/2014
The benchmark fell 7.5 percent in two sessions after the government first announced plans for a 10 percent capital gains tax last Thursday, and had remained muted until Wednesday.