UAE national banks’ total assets reached Dhs2.8 trillion in July
The total value of national banks’ assets rose by around 0.7 per cent on a monthly basis in July to…
Comment & Analysis
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QETF is a bigger opportunity for investors, says Doha Bank CEO
Qatar has distinguished itself from other markets by offering investors “a good number of opportunities” in the lead up to…
Why GCC banks and fintech startups must realign their interests for greater good
The use of technology to facilitate financial offerings, commonly known as fintech (financial technology), has been around for a while,…
Korean Banks Feared to Lose Money as UAE Firm Goes Bust
NMC Health, the largest private company in the United Arab Emirates (UAE) which received US$120 million in syndicated loans arranged…
Slippage in September By Gary Dugan
US equities continue to slip from their highs. Economists cut GDP forecasts as fiscal stimulus wanes – but governments may…
The European nobleman behind Dubai's new invite-only business club
Hailing from nobility in Austria, Count Oliver of Wurmbrand-Stuppach believes traditional values are going to be important in building the…
UAE private bank deposits rise by $4.2mln in 3 months amid COVID-19 uncertainty
A record 15.6 billion UAE dirhams ($4.2 million) increase in cash landed the non-government deposit accounts of banks across the…
Turkey hikes interest rate for first time since 2018
Turkey’s central bank both stunned and cheered investors yesterday by raising its key interest rate for the first time in…
Sharjah issues new guidelines for travellers, residents can now return without prior approval
Sharjah has announced a series of Covid-19 precautionary measures that all travellers will have to adhere to when visiting the…
Dubai’s Careem offers permanent work-from-home option to employees across 14 countries
Dubai-based Careem has announced that its employees across 14 countries can work from remote locations, effective immediately. Careem colleagues…
Positive event risks for gold
Since early August, gold prices have traded in a tight range, between 1900 and 2000 per ounce. Gold volatilities…
Female employment in top Mena companies low but improving, JP Morgan says
The number of women in executive positions in the top 50 companies by market cap across the Middle East and…