Combined Net Worth of Social Media Tycoons Near $100bn – study
The fortunes of social media entrepreneurs including the founder of Facebook, Mark Zuckerberg; the brains behind Zynga, Mark Pincus; and…
Comment & Analysis
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UAE banking system resilient, finance minister says
The banking system of the United Arab Emirates is in good shape and will be able to withstand any external…
Middle East mutual funds sector facing challenges
Professionally managed institutional assets and retail mutual funds maintained a good momentum last year in the Middle East and around…
TAIB Bank strengthens securities business with senior appointment
TAIB Bank has announce that as part of its restructuring strategy, Mr Khaldoon Bin Latif has been appointed as General…
GCC banks see provisions fall by 15% in Q2
Banks in the Gulf region saw provisions for non performing loans fall by 15 percent in the second quarter of…
A world without growth is a possibility
The author of Extreme Money, Satyajit Das, says that governments are fixated on economic growth strategies to get out of…
The Complete Guide To The Good And The Bad Hedge Funds In The Worst Month Of 2011
Hedge funds with long exposure to the equity market (generally long/short managers) got crushed in August. Investors have faith they'll…
Executive salaries to rise but bonuses remain in check, says PwC
Remuneration hikes not linked to performance would meet ‘strong resistance’ Executive pay is set to rise next year but bonuses…
Bahrain's economy earns strong second quarter results
Bahrain's economy posted strong second quarter results, indicating Bahrain's quick recovery and strong economic outlook. During the second quarter, the…
Impairment proposals to boost MENA banks: Survey
Banks in the Middle East and North Africa, or MENA, expect impairment accounting proposals to improve financial statements, according to…
BankMuscat wins Euro STP Excellence Award
BankMuscat has won a prestigious award in recognition of operational excellence in the field of Euro payments processing. BankMuscat was…
Turkey Financial Industry Profit Falls $1 Billion in First Half
Turkish financial industry profit fell 1.8 billion liras ($1.03 billion) in the first six months of the year from the…