Banks affirm support for Credit Bureau after deadline
All UAE banks have affirmed their support to the launch of Al Etihad Credit Bureau as the deadline to submit…
Comment & Analysis
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Wealthy Middle Easterners Make Up 60% of Second Citizenship Applicants
Pakistan, Lebanon and Egypt have the highest number of UHNW second citizenship applicants, with nearly 40% of all applicants…
SunGard Survey Reveals Concerns That Testing of Financial Services Infrastructure Is Inadequate
As the technology infrastructure relied upon by financial services firms to carry out their day-to-day operations becomes increasingly complex, a…
Oman among countries with lowest corporate tax rates: Survey
Oman with a 12 per cent corporate tax rate ranks third among countries with the lowest rates of corporate tax,…
Middle East Urged To Do More To Fight Financial Crime
The Middle East needs to do more to reduce its vulnerability to financial crime by implementing tougher anti-money laundering regulation,…
Baby boom to drive Sukuk sales in global hubs
Islamic banks are reaping the benefits of a baby boom among Muslim families, encouraging global finance hubs including Hong Kong…
Four years later, lenders are sitting pretty
More than four years on from a debt crisis that hampered their earnings, UAE banks have for the most part…
Earnings lift UAE markets but weigh on Qatar, Saudi Arabia
Dubai's bourse led gains in the Gulf on Wednesday, lifted by strong first-quarter results and other positive news from listed…
Risk management top concern for sovereign wealth funds
The majority of sovereign wealth funds and central banks globally have said risk management is a major concern, according to…
Can Dubai make it?
With the Halal & Islamic finance industries seeing double-digit growth in recent years’, Islamic economy has come into the…
Ernst & Young raises UAE's medium-term growth forecast
Projects 4.3% average growth over the next 4 years. Multinational professional services firm Ernst & Young has raised UAE’s…
Arab banks see Middle East opportunities as some global banks scale back
Big Arab banks with money to spend are expanding across the Middle East in markets such as Egypt and Iraq,…