Saudi Arabia’s GDP grows 9.6 per cent in Q1 2022
Saudi Arabia’s General Authority for Statistics has published its flash estimates of the kingdom’s Gross Domestic Product growth rate for…
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UAE gold prices drop: Shoppers get big price break for Eid Al Fitr, Akshaya Trithiya
Gold and jewellery shoppers in the UAE have got a big break with international bullion prices dropping to $1,863-$1,865 an…
Boursa Kuwait records 60.67% jump in its Q1 net profit
The national stock market of Kuwait, Boursa Kuwait’s first quarter 2022 net profit (attributable to the equity holders of the…
Egypt’s top 9 investment deals so far in 2022
Four months into 2022, Egyptian startups have already raised more than $150 million, mostly in Series A rounds. Most…
Emirates Development Bank showcases its pivotal role
The Emirates Development Bank has restated its commitment to financial inclusion in the UAE with a range of financial solutions…
Arthur D. Little appoints Ryan Alnesayan to become first Saudi national Partner at the firm
Further strengthening its regional footprint in Saudi Arabia, Arthur D. Little (ADL), the world’s first management consulting firm, has promoted…
UAE top lender FAB posts record profit helped by stake sale
First Abu Dhabi Bank, the United Arab Emirates' biggest lender, reported on Thursday its highest ever quarterly net profit, helped…
Cayman Islands litigation trends from the Middle East – Security for Costs
Walkers (Dubai) LLP has a full service Insolvency and Dispute Resolution team based in Dubai which regularly provides time-zone sensitive…
Mashreq Posts AED 606 Million Net Profit For 1Q 2022
Mashreq, one of the leading financial institutions in the UAE, today has reported its financial results for the quarter ending…
State Street GA targets financial advisers with first ever funds push in UAE
State Street Global Advisors has launched two global active equity funds in the United Arab Emirates (UAE), marking the firm's…
UAE gold price at Dh215/g – should shoppers be buying or booking?
The Dubai Gold Rate has dropped to Dh213.75 a gram – and could slip further – ahead of what will…
New €500 million facility to green Turkey’s financial system
The EBRD has agreed a first transaction under a new financing facility that will benefit thousands of businesses and homeowners…