Saudi business activity growth in January ‘fastest since late 2012’
Growth in Saudi Arabia’s nonoil business activity accelerated in January for the third successive month to its highest rate since…
Comment & Analysis
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Deloitte survey: Middle East fertile territory for Chinese outbound M&A investments
The fifth edition of the Deloitte 2013 Greater China outbound Mergers & Acquisitions (M&A) spotlight, ‘Graduating up the value chain’…
World's largest professional body of management accountants celebrates impressive 2013 growth in the UAE
CIMA, the world's largest professional body of management accountants, enjoyed a substantial growth in the UAE where it saw more…
Your iPhone prevents you from getting a good night's sleep
You probably know the feeling of drifting off to sleep, only to detect through heavy eyelids that the bedroom has…
GCC seeing continued strong wealth growth
Assets under management have seen a significant upswing around the world but these gains have not translated into the top-and-bottom-line…
GCC Banks Rebound As Economy Recovers
Off the back of steadier results Gulf banks have been helped by a more in the previous year, 2013 was…
Abu Dhabi’s sovereign wealth fund is world’s second largest
Abu Dhabi’s sovereign wealth fund, the Abu Dhabi Investment Authority, is the world’s second largest in terms of overall assets,…
26,000 millionaires living in Dubai, says study
Dubai hosts a total of about 26,000 millionaires but that is not enough to propel the emirate into the top…
S&P GCC Composite Shariah Dividend Index Launched by S&P Dow Jones Indices
S&P Dow Jones Indices today announced the launch of the S&P GCC Composite Shariah Dividend Index which is designed to…
Dubai's real estate brokers earn AED1.8bn in 2013
The Dubai Land Department has announced that the total value of real estate brokers' commissions for 2013 totalled over AED…
Ongoing Rise in Optimism for 2014 Growth – BofA Merrill Lynch
Investors start 2014 more optimistic about global growth prospects, especially for the U.S. but increasingly for Europe as well, according…
There are more than half a million wealthy individuals in the GCC region with too few private bankers to serve them
Private banks need to establish a greater presence in Gulf Cooperation Council (GCC) countries and place more staff there if…