StanChart prunes coverage, may cut investment banking jobs
Standard Chartered is looking to drive returns by boosting lending to key industrial sectors and top clients, in a move…
Comment & Analysis
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A Worryingly ‘Exceptional’ Week by Gary Dugan
That was an exceptional week in financial markets and worrying too. There have been only two occasions in the past…
Abraaj Group Denies It Misused Healthcare Funds
Dubai-based private equity investor Abraaj Group has denied reports that it misused funds intended for healthcare projects in South Asia…
Saudi wealth fund near to buying stake in ACWA Power
Saudi Arabia’s sovereign wealth fund is nearing an agreement to buy about a 10 percent stake in ACWA Power International…
Corporate governance basic issues highlighted
Central Bank of Bahrain Governor Rasheed Al Maraj has highlighted the basic issues of corporate governance related to ethics, trust,…
Crackdown concern: Saudi corruption purge could lead to greater investor caution
The anti-corruption crackdown in Saudi Arabia which has netted the state more than $100 billion, according to its attorney-general, will…
Embracing artificial intelligence: Do UAE banks have a choice?
Much has been said and written about disruptive technologies and how they are shaking things up across industries. But…
Global legal services in a disruptive world: Big Law versus New Law
This Legal Week Intelligence report, in partnership with Interlaw, the elite global law firm network, aims to uncover the key…
Kuwait to spend $500bn on oil projects by 2040
OPEC member Kuwait plans to spend more than half a trillion dollars by 2040 to boost its oil and gas…
Indian-Born Middle East Billionaire Shamsheer Vayalil Joins The Giving Pledge
That led to Vayalil, founder of VPS Healthcare, a network of hospitals, clinics and pharmacies headquartered in the UAE, to…
DFSA Publishes Findings of Client Classification and Suitability Review
The Dubai Financial Services Authority today published the findings of a thematic review of client classification and suitability practices at…
Commercial Bank has ‘sufficient potential to grow’ in Qatar: CEO
Commercial Bank has “sufficient potential to grow significantly in Qatar” over the next few years, said Group CEO Joseph Abraham.…