Credit Bank fire-caused losses more than USD 6 mln — director
Kuwait Credit Bank General Director Salah Al-Mudaf said on Wednesday losses inflicted at the news headquarters building due to the…
Hedge Funds & Alternative Investments
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T. Rowe hires former AXA IM multi-asset head for EMEA role
T. Rowe Price has hired Yoram Lustig, former head of multi-asset investments UK for AXA Investment Managers, as head of…
Dubai property prices down 20% on end-2015
Dubai property prices are now at levels not seen since late 2012 and early 2013 following an 18-month slide in…
Saudi business cheers leadership shift, frets over reforms
The promotion of Saudi Arabia’s top economic reformer to crown prince has cheered business leaders who believe it will open…
Dubai keen to invest in Myanmar gold
Dubai Gold Entrepreneurs Association wants to invest US$200 million in the gold industry in Myanmar, said U Kyaw Win, the…
Nearly 2,000 caught up in ‘biggest ever’ Abu Dhabi scam
Almost two thousand people have been caught up in a AED800m (£172m, $218m, €195m) Ponzi-style investment scheme that turned out…
Dubai’s Rise as an Epicenter for Blockchain Innovation
The United Arab Emirates city of Dubai is a vibrant, global trade center bolstered by low taxes, a first class…
Dubai Financial Market welcomes the listing of Orient UNB Takaful
Shares of Orient UNB Takafulhas commenced its journey with Dubai Financial Market listing under the trading symbol, which appears on…
The price of independence catches up with Barclays
Chief executives have been known to go to great lengths to defend the independence of their companies. When facing…
How to fund your startup
Business financing was the subject of debate at last month’s edition of the Arabian Business ‘Startup Academy’. Speakers from…
Qatari FM: Willing to talk with Gulf states, but…
Qatari Foreign Minister Sheikh Mohammed bin Abdulrahman Al-Thani said on Monday that he plans to travel to the United States…
UAE President restructures board of Abu Dhabi wealth fund ADIA
UAE President and Abu Dhabi ruler Sheikh Khalifa bin Zayed Al Nahyan has issued a decree reshuffling the board of…