Middle Eastern millionaires: Where they live
The United Arab Emirates is home to the largest number of high-net-worth-individuals (HNWI) in the Arab world, a newly released…
Comment & Analysis
9436 articles found
Brexit could hurt Middle East investors in London real estate
In the days of $100 a barrel oil, Gulf sovereign wealth funds and family-owned trading groups went on a shopping…
Global halal ingredients market worth $245b
The global market for halal ingredients is estimated to be valued at $245 billion (Dh899 billion), according to a report…
S&P forecasts 10 pct of Turkish banking will be Islamic in 2025
A recent report examining new developments in Islamic finance in Turkey by the U.S.-based credit rating agency Standard & Poor's…
Brexit sparks fear of increased pressure on Egypt and emerging economies
There have been a plethora of declarations on the impending end of western civilisation in the wake of the referendum…
Survey shows 'voracious' appetite for high-yield debt in EMEA region
Institutional investors in Europe and the Middle East have a “more voracious” appetite for high-yield corporate debt than those on…
UAE shares up as UK exit fears ease
Gulf shares rose on Tuesday as investors warmed to signs of increasing support among British voters to remain in the…
Fitch affirms ratings of five Omani banks; outlooks revised to negative
Fitch Ratings has affirmed Bank Muscat's long-term issuer default rating at BBB+ and National Bank of Oman's, BankDhofar's, Bank Sohar's…
Abu Dhabi’s NBAD, FGB in Talks to Form Top Middle East Bank
National Bank of Abu Dhabi PJSC and First Gulf Bank PJSC said they’re in talks to merge in a deal…
Al Baraka Islamic Bank’s ratings affirmed with a ‘stable’ outlook
The rating is supported by AIB’s strong ownership, comfortable liquidity arising from customer deposit funding, and improvements in the capital…
How many millionaires will live in UAE by 2025?
The UAE is becoming increasingly popular as a haven for the rich, with thousands of millionaires moving into the country…
Region’s private wealth grows despite oil woes
The region’s private banking business continues to grow despite a decline in oil prices and geopolitical issues, thanks to the…