Trump Victory Causes ‘Serious Concerns’ in Middle East
Donald Trump’s victory in the U.S. presidential election generated concern in the Middle East over his stance on Muslims and…
Comment & Analysis
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Dubai property market remains 'challenging', says Damac chairman
Damac Properties chairman Hussain Sajwani has described Dubai’s property market conditions as “challenging”, after the company's net profit fell 11.7…
Dubai's DIEDC, Abdulla Al Awar, to keynote 23rd annual World Islamic Banking Conference
The conveners of the 23rd annual World Islamic Banking Conference Middle East Global Advisors, along with the strategic support of…
A City in a Day: Dubai
Dubai is a city of grandeur and extremities. It is luxurious and hyper-modern, with decadence dripping from every corner. …
Saudi Arabia to settle delayed private sector payments by end-December
Saudi Arabia’s government has discussed settling payments to the private sector before the end of the fiscal year, the state…
BTG Pactual to exit $1.3 billion venture with Abu Dhabi
Grupo BTG Pactual SA plans to exit a $1.3 billion venture with the Abu Dhabi government's investment arm as the…
UAE residents' bank accounts balloon to Dh1,321.8 billion
While government deposits are on a decline amid the oil slump, UAE residents continue to build their wealth, with the…
Barclays Compass: Developed Markets Continue To Lead
The findings of the latest Barclays “Compass” report, which includes the Bank’s tactical recommendations to portfolio asset allocations, were recently…
Sudan is gateway to African and Middle East markets
Sudan’s vast land and water resources and strategic position in northeastern Africa present unexplored opportunities to Korean investors, according to…
Amundi Sees Turkey Turmoil Worsening After Markets Nosedive
For Europe’s biggest money manager, the stampede that sent Turkey’s markets into a tailspin last week may be just a…
Oman's Bank Muscat in talks to refinance $600 mln loan – bankers
Oman's Bank Muscat has begun initial discussions with banks on refinancing an existing $600 million loan, with a new facility…
King & Wood Mallesons, Amid Partner Exodus, Seeks White Knight for SJ Berwin
King & Wood Mallesons has held talks with Morgan, Lewis & Bockius about a global tie up, a source briefed…