Wealthy Qatari investor lines up €27m approach for luxury hotel and golf resort
A wealthy Qatari investor is lining up a bid for the luxury Adare Manor hotel and golf resort, through an…
Market Forecasts
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Islamic finance industry global assets up $1.6b
Abu Dhabi Islamic Bank said the Islamic finance industry is growing rapidly, with global assets increasing by an estimated 16…
Prime office rentals market in Abu Dhabi stirs back to life after six-year lethargy
For the first time in six years the capital’s stagnant office market is showing signs of returning to life. …
Open source middleware a platform for financial institutions in the Middle East
Banks in the Middle East are not only performing strongly in regional markets, they are now looking to expanding overseas…
Analysts predict record earnings on the horizon for UAE banks
UAE banks are expected to end the year on a high note, with lending anticipated to pick up as the…
Egypt to witness huge growth in electronic payments
The 5th Emerging Markets Payments Conference (EMPC) kicked off on 26 September in Sharm El-Sheikh, gathering key decision makers from banks…
Sharia-compliant sukuk make good investment sense
Islamic finance, particularly fixed-income instruments known as sukuk, has come of age and is now an integral component of the…
52% express confidence in UAE’s banking system
Majority of UAE residents surveyed by compareit4me.com, a UAE-based finance comparison website, said they put their money in local banks.…
Gulf infrastructure companies on Africa push finds new report
New report shows Gulf Cooperation Council companies increasing their exposure to African infrastructure, primarily telecommunications, ports and power. New…
Barclays private bank forecasts double-digit growth in Middle East
Barclays’ private bank in the Middle East is on a roll, forecasting that the billions of dollars it manages for…
UAE and Saudi lead regional economic expansion
The UAE and Saudi Arabia lead economic growth in the Middle East and North Africa (Mena) region with consistent improvement…
Five GCC firms named in list of 'global challengers'
Five companies from the Gulf have been named as 'global challengers' in a new report that recognises them for their…