Turkey to set up €15mn sovereign wealth fund to support struggling economy
Turkey will set up a sovereign wealth fund with an initial capital of TRY50mn (€15mn), Economy Minister Namik Zeybekci said…
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More businesses in Dubai optimistic, wants to expand — survey
About 61 per cent of the businesses in Dubai are confident and optimistic over the next two years even as…
Omani banking sector 'resilient', says Central Bank
Despite the challenges facing the economy, the banking sector remained resilient supporting economic diversification initiatives and credit needs, the Central…
Era of fintech arrives on UAE investment scene
Would you trust a robot with your life savings, lend money to a complete stranger, or buy a stake in…
Middle East creating billionaires at a faster rate than rest of the world
The Middle East is creating new billionaires at a faster rate than most of the rest of the global economy,…
Dubai private sector growth, employment picks up in July
Overall business conditions in Dubai improved to their highest level since last March signalling a positive start to the third…
GCC Equity Fund Attracts EU Investors
Alex Guy, chief executive officer at Eshara Capital, discusses his GCC equity fund, the hurdles investors face investing in the…
Bahrain talking to banks about benchmark eurobond issue -source
Bahrain's government is talking to banks about conducting a benchmark-sized sale of eurobonds later this year, a banking source with…
Brexit impact minimal on Middle East, law firm says
As many come to terms with the result of the June 23, 2016, British referendum to leave the European Union,…
Oxford Business Group announces team for new Sharjah report
The global publishing firm Oxford Business Group has expanded its operations in the UAE with the launch of a new…
Abu Dhabi's UNB said to be in talks about bond issue
Union National Bank, 50 percent owned by the Abu Dhabi government, is in talks with banks about issuing a potential…
Doha has highest density of millionaires in the Middle East
Doha has the highest density of millionaire in the Middle East, according to a new report. The Qatari capital has…