Bucheeri: A quantum leap in Bahrain digital banking services
The Bahraini Technology and Business Society (TBS) in partnership with the NGN International, an IT system integrator and consultant headquartered…
Hedge Funds & Alternative Investments
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Dubai developers keen to deliver projects ahead of Expo
Dubai's real estate is expected to gain momentum in coming months, with economic activities having resumed and developers racing against…
DMCC cuts business set-up fees by 50% for diamond companies
The Dubai Multi Commodities Centre announced slashing its business set-up fees for all diamond-connected companies by 50%. The reduction…
Gulf economies have a head start
Despite global doom and gloom over Covid-19, green shoots are discernible in the desert. The region is treading a delicate…
Dubai Investments reports 42% drop in half yearly profits
Dubai Investments has investments in diversified sectors and markets across the globe, including real estate, industrial, finance, healthcare and education,…
UAE gov reviews efforts to deal with impact of pandemic on economy
H.E Abdulla Bin Touq Al Marri, UAE Minister of Economy, reviewed a detailed report on the progress of efforts undertaken…
UAE oil trader GP Global files complaints over employee fraud
UAE-based oil trader GP Global has uncovered fraud within the company and filed criminal complaints against some of its employees,…
Outlook: Weakening capital buffers could trigger negative rating on GCC insurers: S&P
The GCC insurance players avoided negative rating action due to strong capital buffers during the first wave of COVID-19. However,…
Upbeat non-hydrocarbons sector helps Qatar post gain in Q1 real growth: PSA
Strong growth in non-hydrocarbons overcame the flat course in the hydrocarbon sector as Qatar reported an increase in real (inflation-adjusted)…
UDC posts net profit of QR101m in H1 2020
Doha: United Development Company has announced its financial results for the first half of 2020, reporting net profit of QR101m…
Kuwait can become an important destination for foreign investments – UN
Kuwait can become an important destination that attracts foreign investments in the region, Dr. Tarek Al-Sheikh, UN Secretary General's Representative…
Saudi Arabia's Economy Hit Hard by COVID-19, Posts $29 Billion Deficit in Q2 2020
Saudi Arabia posted a deficit of 109.2 billion riyals ($29.12 billion) in the second quarter this year as low oil…