'UAE-India bilateral trade to exceed US$100bln by 2020', says UAE Minister
Narendra Modi, Prime Minister of the Republic of India, today met with Dr. Thani bin Ahmed Al Zeyoudi, Minister of…
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UAE on track to become the Monaco of the Middle East
As the UAE starts its Year of Tolerance, there is a renewed drive to attract individual high net worth investors…
Dubai Tourism and Al Ansari Exchange sign agreement
Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism) and Al Ansari Exchange, have signed an agreement to facilitate payments…
Qatar Plans to Support Lebanon with $500 Million Bond Purchase
Qatar said on Monday it plans buy $500 million of Lebanese government bonds to help support one of the world’s…
Saudi Arabia to hire HSBC banker to lead $11bn privatisation plans
Financial strains in Lebanon have been brought into focus by turbulence on markets where its dollar-denominated sovereign bonds suffered a…
Sukuk issuance holds steady
The global sukuk issuance in 2019 will average between US$105 billion and US$115 billion, with tightening liquidity conditions worldwide, high…
Egypt becomes largest country of EBRD operations in 2018
Egypt became the single largest recipient of the European Bank for Reconstruction and Development (EBRD) investment in 2018 with the…
Property slump to weigh on UAE banks as bad loans set to rise
Lenders in the United Arab Emirates will come under pressure this year as a property and retail slump take its…
Starting a small business in UAE? Here are the many costs to consider
Small business owners run their business out of their understanding and experience. However, certain avoidable wrong practices or an…
Central Bank of Kuwait’s CDO on transforming the country’s financial sector
With the rapid expansion of the FinTech sector in Kuwait, the country’s central bank is embarking on a landmark digitalisation…
Abu Dhabi Fund’s Deputy CIO Leaves
Abu Dhabi Investment Authority’s deputy chief investment officer Paul O’Brien has left after a decade at the investment fund. …
Samba Achieves Record Profit of $1.4bn in 2018
Saudi Arabia’s Samba Financial Group posted record profits in 2018 at $1.47 billion (SR5.5 billion), according to a bourse statement.…