Qatar Lament Gulf Trust Lost
Qatar’s foreign minister said Tuesday it will take a “lot of time” to rebuild any trust between sparring Gulf countries…
Hedge Funds & Alternative Investments
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Most Middle East markets up, Qatar index sinks 1.2%
Most Middle Eastern stock markets rose on Wednesday, with Egypt ending a six-day losing streak, but trading volumes were thin…
Gold prices in Dubai fall by more than Dh1 per gram
Jewellery gold rates in Dubai plunged on Tuesday, providing buyers a momentary relief from soaring prices. The price of 24K…
Saudi Arabia plans to launch second local currency sukuk issuance next week
Saudi Arabia plans to launch the second issue of its local currency sukuk programme during the week beginning on August…
Indian buyers overtake Arabs as biggest investors in prime London property
Indian buyers have overtaken those from the Middle East to become the second-largest purchasers of prime Central London property, as…
Credit scores signal change in UAE
During the global financial crisis, banks experienced a rise in the number of individuals defaulting on loans and the UAE…
Saudi to resume building mega $3.5bn Abraj Kudai hotel in Makkah
Saudi Arabia is set to restart work on one of the world’s largest hotel projects, the $3.5bn Abraj Kudai in…
Bahrain Bank First in MENA Region to Join R3 Blockchain Consortium
Bank ABC, an international banking group headquartered in Bahrain is the latest financial institution to join the global banking-centric blockchain…
Iran sees banking channels opening up
With foreign energy companies signing early deals with Iran, the country's president said banking channels to the world could be…
GFH profit jumps fivefold to $62m in first half
GFH Financial Group reported on Sunday $62.1 million (Dh227.9 million) in net profit attributable to shareholders for the first half…
Foursan Group enlists SRB to manage PE fund
Foursan Group, a leading Mena private equity investor, has enlisted Shariyah Review Bureau for reviewing, certifying and supervising its private…
Qatar Insurance to list subsidiary on stock exchange
The parent company of Bermuda-based reinsurer Qatar Re is preparing to list one of its other subsidiaries on the Muscat…