Abraaj audit finds funds mingled corporate and investor cash
Abraaj dipped into investor funds because of cash shortages at the group, but there is no evidence of embezzlement, a…
Comment & Analysis
9436 articles found
Doha Bank to bring more Qatari investments to Sri Lanka
Positive prospects abound for Qatar and Sri Lanka to strengthen bilateral relationships and to explore investment opportunities in sectors such…
With millions still unbanked, one mobile wallet aims to cater to the many, not the few
Even in the UAE, an extremely affluent nation by the wider region’s standards, 60 to 65 per cent of the…
Saudi's PayTabs: Is this the future of banking?
Abdulaziz Al Jouf, CEO of Saudi-based payment solutions company PayTabs, is planning on using elements from cryptocurrency to blockchain and…
Gateway mulls Saudi, UAE, Egypt deals for $757M fund
Gateway Partners Ltd., the private equity company led by former Standard Chartered PLC banker Viswanathan Shankar, plans to fully invest…
Banking sector maintains strong liquidity despite a drop in deposits
The UAE’s banking sector liquidity continued to remain strong in the month of April despite sluggish growth in both deposits…
UAE law changes provides a new dawn for foreign investors
It is perhaps one of the most significant changes to the UAE economy since the 2002 freehold law allowed foreigners…
UBS tops 2017 Global AUM Ranking as first Chinese player enters the top 10, says GlobalData
The private wealth management industry had a very good year in 2017, as 25 global leading players increased their assets…
Turkey’s millionaires taking lion’s share of wealth
The increasingly unequal distribution of wealth in countries including Turkey as one of the sources of their problems, Marxist economist…
Resurgent Middle Eastern investors target new global opportunities
Fueled by a resurgent oil price, Middle Eastern buyers are once again stepping up their overseas real estate investments, making…
Iran: Gulf States Take Measures Against Illicit Financial Transactions
The United States has been cracking down on Iran for several months now. President Donald Trump has vowed to curb…
Government Reforms Help Drive Middle East M&A
Middle East companies are returning to mergers and acquisition and other forms of strategic alliances such as joint ventures and…