VP approves Dubai’s budget with no deficit ,
His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai,…
Market Forecasts
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Bahrain banks' assets register steady growth
Assets of 34 Bahrain-domiciled banks have grown by $568 million to $154.046 billion at the end of the first half…
Across the world: Islamic banking assets cross $2t
It not only crossed $2 trillion in assets but also got access to new markets including various destinations in Europe,…
Upward trend in banking to continue
The UAE banks are going to close their balance sheets for 2014 on a higher note as they are amply…
BB fears rise in inflation due to pay-hike
The central bank has expressed the fear that the proposed pay-hike for public servants might trigger inflationary pressure on the…
Stocks Will Crash in 2015
The article below has been written by an experienced banker and academic whose picture and particulars are presented below. …
Interview: Julius Baer CEO On Bank’s Mid-East Growth Plans
It’s around 10 am on an expectedly sunny Dubai morning as I’m escorted through to a dining table in the…
In 2015, Middle East to see rising interest in Exchange Traded Products
The Middle East market would witness growing interest in structured products like Exchange Traded products (ETP) in 2015, Standard &…
A slower index year ahead: Dubai Investors should temper their expectations from the pace of 2014 gains
For investors, who made a windfall in 2014, beware. The pace of gains may slow on the Dubai index…
Markets rise as Saudis maintain spending in 2015 budget
Gulf stock markets rose on Thursday as Saudi Arabia released a 2015 state budget that will keep spending high, reassuring…
Age of plenty seen over for Gulf Arabs
The boom that adorned Gulf Arab monarchies with glittering towers, swelled their sovereign funds and kept unrest largely at bay…