US firm Discovery Land to build Dubai luxury golf community with mansions, villas
US-based developer Discovery Land has signed an agreement to develop a luxury residential golf course community in Dubai South, near…
Hedge Funds & Alternative Investments
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UAE Central Bank launches two new banknotes
The Central Bank of the UAE (CBUAE) has launched two new polymer banknotes, in five and ten dirham denominations. …
Arab economies to grow 5% in 2022 amid higher oil prices and government support
Arab economies are expected to grow 5 per cent in 2022, driven by higher oil prices and production as well…
UAE, South Korea to jointly promote entrepreneurship and support SMEs
The UAE Ministry of Economy (MoE) and the Korea Federation of SMEs (KBIZ) will work together to further enable the…
Kuwait’s NBK reports 38% surge in Q1 profit on lower impairment losses
National Bank of Kuwait (NBK), the biggest lender in the Gulf country by assets, posted a 38 per cent jump…
ADCB is latest bank to join UAE’s Trade Connect platform
Abu Dhabi Commercial Bank is the latest to sign up for the UAE Trade Connect platform, which is a consortium…
Azimut expands in Middle East after record global profits
Azimut is growing its business in the Middle East with two senior hires in their ADGM asset management subsidiary that…
How empowering employees is key to ensure business survival
How has the role of IT departments evolved post-pandemic? The pandemic moved IT departments from the back office to…
UAE Golden Visa 2022: Lowering investment to Dh2m is an instant bonus for property buyers, entrepreneurs
‘Dh2 million plus’ has overnight become the most captivating figure for investors looking to make a commitment in the UAE…
UAE to launch treasury bonds with auction size of $408mln
The UAE is set to launch next month its domestic dirham-denominated treasury bonds with a benchmark auction size of 1.5…
Banque Saudi Fransi selects Backbase’s Engagement Banking Platform
Banque Saudi Fransi has announced a new partnership with Backbase, the leading engagement banking platform provider, to transform BSF’s digital…
Oman to set up to association for debt relief
Muscat- Dr. Laila bint Ahmed Al-Najjar, Minister of Social Development, said the formation of the Al-Gharmeen Charity Association to help…