Number of wealthy UAE residents falls, slightly
The number of people in the UAE who have a fortune of more than US$30 million fell slightly last year…
Comment & Analysis
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Majority of UAE residents think they are financially stable
The majority of those living in the United Arab Emirates believe they are financially stable, according to a new report…
Egypt and Saudi Arabia agree $16 billion investment fund
Egyptian President Abdel Fattah al-Sisi and Saudi King Salman on Saturday oversaw the signing of several agreements, including a $16…
UAE Banks Federation holds Ordinary Annual General Meeting, elects new board for the next three years
The UAE Banks Federation , a professional body representing 49 member banks operating in the UAE, held its Ordinary Annual…
$85 Crude Oil By Christmas – An Interview With Mike Rothman
After a 50 percent rally in oil prices between February and March, crude has retreated a bit as of late.…
Saudi prince wants world’s largest sovereign wealth fund
In an interview with Bloomberg, Saudi Deputy Crown Prince Mohammed bin Salman said he is planning to transform the kingdom’s…
ICD caught short by new Middle East reality
ICD found out this week just how tough it is to attract the usually-dependable Middle East sukuk crowd, offering investors…
Official institutions to boost diversification; Asia likely to benefit — survey
Concerns about rising interest rates and a global equity market correction will drive official institutions around the globe to further…
GCC banking revenue growth slows in 2015 in era of cheap oil
Lower oil prices are beginning to impact the Gulf's banking sector, with revenue growth slowing in 2015 compared to the…
Sovereign wealth fund deals down 17 pct in first quarter
Sovereign wealth funds made $19.2 billion worth of overseas acquisitions in the first quarter, down almost 17 pct from the…
Why the world’s wealthy want a slice of Dubai, Abu Dhabi, Sharjah
Dubai, Abu Dhabi and Sharjah have emerged as the region’s most popular investment destinations amongst the GCC’s wealthy, according to…
Dubai still the most popular destination for high net-worth GCC investors
Wealthy property investors in the GCC are taking advantage of depressed conditions by snapping up assets at the bargain end…