UAE’s labour market fails to pick up
The employment index in the United Arab Emirates remained below 50 for the second consecutive month, despite an increase in…
Hedge Funds & Alternative Investments
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Hiring housemaids to get cheaper as insurance scheme will replace bank guarantee from October 15
A new insurance plan replacing bank guarantee is expected to bring down cost of hiring housemaids and other domestic workers,…
UAE's new visa system: All you need to know
Private companies in the UAE will soon be able to opt for a Dh60 insurance scheme to recruit workers instead…
Qatar Looks East to Boost Islamic Finance
Islamic finance is “a significant growth area” for both the State of Qatar and the Qatar Financial Centre (QFC), according…
Banking sector posts some $6B profit in Jan-Aug
Turkey's banking sector's net profit totaled 38 billion Turkish liras ($5.94 billion) this January-August, the Banking Regulation and Supervision Agency…
GFH to buy $200m sukuk from Al Rajhi
Bahrain-based GFH Financial Group has agreed to acquire sukuk worth $200 million from Al Rajhi Bank, Saudi Arabia’s second-biggest lender.…
ABAX rebrands to Ocorian
Abax Corporate Services - a market leading provider of integrated advisory, corporate and business solutions (including private wealth services) across…
SSGA appoints head of SPDR business in EMA
State Street Global Advisors, the asset management arm of State Street Corporation (STT), has appointed Matteo Andreetto as senior managing…
Dubai premium office space 'in big demand': Report
Dubai continues to generate strong demand for premium office space, according to new data released by global real estate consultancy…
Mideast funds less positive on equities
Middle East funds have become less positive toward regional equities, particularly in Egypt, because of concern about instability in emerging…
GCC bond performance fuels foreign investors’ appetite
The GCC bond market is witnessing an increasing interest from foreign investors. The regional bond market has seen a surge…
Forbes Middle East displays confidence in Middle East's real estate sector
FORBES MIDDLE EAST recently concluded a gala event to unveil the top real estate companies in the region. In an…