Global events weigh on Dubai property market sentiment
The UAE property market is heavily reliant on expatriate and international buyers and is, therefore, vulnerable to international economic dips. …
Comment & Analysis
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Financial Policy Coordination Council holds third meeting
The Ministry of Finance organised the third and final meeting of the Government Financial Policy Coordination Council for 2016. …
Gulf Bank obtains investment licenses from CMA, Kuwait
Gulf Bank is proud to announce that it is the first Bank to officially obtain investment licenses from the Capital…
Saudi Budget 2017: Shrinking deficit, raising expenditure
Saudi Arabia has announced today its general budget for the fiscal year 2017 that shows its gross domestic product growth…
Emirates Development Bank approves Dh1.5b in loans for housing sector, SMEs
The Emirates Development Bank, approved an estimated budget of Dh1.5 billion for 2017 to finance housing loans for Emirati citizens…
Iran allows free foreign exchange at banks in move to unify rates
Iran authorised some banks on Saturday to deal in foreign exchange trading at a free market rate, the central bank…
UPDATE 1-Dubai's Shuaa buys 14 pct of Bahrain's Khaleeji Commercial Bank
Dubai's Shuaa Capital bought 14 percent of Bahrain's Khaleeji Commercial Bank on Sunday for 9.6 million dinars, $25 million and…
8 Egyptian banks among top 100 Arab Banks: UAB
Eight Egyptian banks entered the list of the largest 100 banks in the Arab world in terms of size of…
UAB chief vows to fight money laundering, terror financing
Chairman of the Union of Arab Banks Sheikh Mohammad Al-Jarrah Al-Sabah said on Monday that UAB is firm on dealing…
The unstoppable march of Qatar's banks abroad
The great confidence in the national economic boom thanks to the wise vision of His Highness Sheikh Tamim bin Hamad…
Meethaq Sharia’a Board reviews performance and growth strategy
Bank Muscat’s board of directors and the Meethaq Sharia’a Supervisory Board led by respective chairmen Shaikh Khalid bin Mustahail al…
Saudi’s post-budget rally stalls; UAE bourses firm
The Saudi Arabian stock market’s post budget rally ran out of steam yesterday as the index neared technical resistance, while…