Record wealth created in UAE: 12 tycoons among world's billionaires
Twelve UAE residents have made it to the Forbes' 2016 Billionaires List, with a combined net worth of a whopping…
Comment & Analysis
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Cisco Believes Businesses in Middle East Must Go Digital to Stay Ahead
Digital disruption means getting to business outcomes faster. Cisco can help customers transform their businesses and thrive in this…
Kuwait's Zain writes to Iraq PM to complain of treaty breach -source
Kuwait's Zain, which has $430 million frozen in Iraqi bank accounts, has written to Iraq's prime minister saying Baghdad had…
World's super-rich up spending on luxury assets despite squeeze on wealth
The population of super-rich individuals may be shrinking, but it seems the world's wealthiest are still finding the cash to…
A strategic partner for global growth
With its huge sovereign wealth fund and role as one of the largest foreign investors globally, the little Gulf nation…
Demand for Islamic wealth management keeps growing
Growing demand for assetbased investments in times of fiscal insecurity in major economies in the world and the fact that…
Meet The Richest Billionaires In The Middle East
The Middle East is home to 72 of the world’s richest people, worth a combined $174.8 billion. Like much of…
More than $1bn deposited in Malaysian prime minister's account – report
Wall Street Journal identifies further deposits into private account of Najib Razak, far more than $681m – reportedly a Saudi…
Bank credit to KSA private sector remains resilient
Bank credit to the Saudi private sector remained resilient in January, according to a report. In January, bank credit…
Market focus: Abu Dhabi
The region's thriving asset management sector saw a further addition towards the end of last year with the launch of…
Rising UAE-China trade spurs growth in DIFC
Dubai International Financial Centre, or DIFC said on Monday that it has seen exponential growth in the presence of Chinese…
Gartner Says Middle East IT Spending to Reach $212.9 Billion in 2016
Middle East (ME) IT spending is projected to reach $212.9 billion in 2016 a 3.7 percent increase from 2015,according to…