ED to approach six countries for details on Vijay Mallya’s properties
The Enforcement Directorate will now approach six countries — the United Arab Emirates, the US, France, Singapore, Ireland and Mauritius…
Comment & Analysis
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Examining the charges of fraud against Barclays
On June 20, it was revealed that the former chief executive of Barclays, John Varley, and three of the bank’s…
Standard and Poor’s revises GBK’s outlook to ‘positive’ from ‘stable
Standard and Poor’s (S&P) Global Ratings has revised the outlook of Gulf Bank’s Credit rating to “Positive” from “Stable” and…
Bahrain and Oman among most vulnerable in GCC
Many frontier markets remain highly vulnerable — especially to oil price weakness — as fixed exchange rates and lack of…
Saudi Arabia’s multibillion corporate collapse: Al-Gosaibi exec on his role in 8-year saga
The collapse of the Saudi Arabia-based Al-Gosaibi business in 2009 was a seismic event in the financial world, and in…
International businesses caught in Qatar crossfire
International businesses are being caught in the crossfire of Qatar's dispute with its Arab neighbours as it delays shipments, lengthens…
UAE economic growth forecast to slip to 2% this year
The UAE economy grew by 3 percent in real terms last year, according to provisional data released by the country's…
Qatar riyal FX market in chaos but bankers believe peg still solid
Economic sanctions and poor liquidity have created chaos in the foreign exchange market for Qatari riyals, with the currency trading…
United Gulf Bank's Ratings Affirmed
The Financial Strength Rating is also maintained at ‘BBB’. As an overwhelming majority of UGB’s risk assets, revenue streams, and…
‘Why we at Guardian Wealth Mgmt are expanding into corp services’
In April, Guardian Wealth Management, the Dubai-based advisory group founded by David Howell and John Hasberry more than 20 years…
German newspaper reveals secret FIFA report into Qatar 2022 corruption allegations
Qatar's successful bid for the 2022 World Cup looks set to become mired in fresh controversy after the leaking of…
Bank of America Merrill Lynch Is No. 1 on Institutional Investor's EMEA Research Team Ranking of the Region's Best-Sell Side Analysts
Bank of America Merrill Lynch once again, seizes first place on the Emerging Europe, Middle East & Africa Research Team,…