Middle East and North Africa billionaire population grows 24%
The Middle East and North Africa region saw its billionaire population grow 24 per cent last year, according to a…
Comment & Analysis
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Tarek Fahim on Endure Capital’s performance, plans for their new $50 million fund and more
The VC ecosystem in the Middle East and North Africa is still in its early days (I don’t for how…
Islamic banking on the rise in UAE, says study
Islamic banks are outperforming their conventional peers in customer acquisition with 55 per cent of the UAE consumers now having…
What corporations should know about operating in Abu Dhabi
But cities continue to try to create jobs and wealth, and some like Abu Dhabi seem to be doing something…
Global billionaire wealth soars 19% to record £6.8 trillion
Chinese entrepreneurs lead the way as billionaires add USD 1.4 trillion to their wealth in 2017, the greatest annual increase…
Global banks to play major role in Saudi capital markets development, HSBC exec says
Banks will play a major role in the capital markets of developing economies, including Saudi Arabia, where bond and equity…
UAE residents report fall in financial confidence in Q3
UAE residents saw their financial confidence drop significantly in the third quarter as they worried about the rising cost of…
Sale of art owned by Dubai’s Abraaj raises $5.8m
The sale of 200 works of art owned by troubled Dubai private equity firm Abraaj has raised GBP4.5m ($5.8m), according…
Turkey: Central bank to hold rates – ABN AMRO
Nora Neuteboom, Economist at ABN AMRO, explains that Turkey’s recently released data, such as the PMI, consumer confidence and industrial…
Dubai is Mena powerhouse
Dubai has retained its top position in the Mena region among the world's top 44 powerful cities in terms of…
What’s next for Saudi sovereign wealth fund?
It’s been a year of aggressive dealmaking for Saudi Arabia’s sovereign wealth fund, the Public Investment Fund, or PIF. …
Gulf Bank records 18% increase in 9 months net profit
Gulf Bank K.S.C.P. (“The Bank”) announced its financial results for the first nine months of 2018. The Bank recorded a…