Oman outperforms GCC in converting growth into well-being, says BCG report
A new report by the Boston Consulting Group revealed that when it comes to its current-level Sustainable Economic Development Assessment…
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Islamic banking growth outpaces conventional peers in key markets
The Islamic banking sector continues to outpace growth of conventional banking in key markets, often supported by proactive regulations and…
AUB seminar on changes applied around corporate inheritance tax
Ahli United Bank announced yesterday that it will organize a special seminar for its Private Banking clients, on the “Changes…
Zicom looking to divest stake in oil slump-hit two mid-east firms
Challenging business environment in the Middle East has led BSE-listed Zicom Electronic Security Systems to look at divesting stake to…
UAE banks are digital ready
Banks in the UAE are increasingly adopting digital practices, according to the recent IDC report The Digital Ready Bank. …
UAE still lures career-minded expats despite rising costs, says HSBC
Career orientated expats are continuing to be attracted by the economic and political stability in the UAE compared to other…
Saudi Arabia hands tied as rising rates risk worsening economy woes
Saudi Arabia’s currency peg is forcing the central bank to look beyond rate cuts to spur growth, as a slowdown…
Saudi central bank's foreign assets edge down in August
Net foreign assets at Saudi Arabia's central bank fell to $554 billion in August, down by about $1 billion from…
Revealed: Biggest bank in GCC
Many banks in the region introduce themselves as the biggest lender in terms of assets, loans, deposits, financial strength and…
Credit Suisse Plans Middle East Growth as Millionaires Rise
Credit Suisse Group AG expects the Middle East to account for a significant part of its growth in private banking…
FDI is about cultural exchange, sharing of knowledge, Sultan says
His Highness Dr Shaikh Sultan Bin Mohammad Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, opened the…
City hoping for deal news from WS Atkins
The City is hoping for contract news when civil engineering consultant WS Atkins PLC updates the market on Thursday. …