UAE banking sector posts 23% growth in Q2 2014
The net income of major UAE banks exceeded analyst expectations in the second quarter as the country's economy continues to…
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Middle East banks 'set for global expansion'
World trade flows, increased gross domestic product (GDP), a growing middle class and new technologies will help banks based in…
Middle Eastern Wealth to Invest $180 Billion in Global Property Markets
According to global property advisor CBRE Group, Middle Eastern investors are expected to spend over $180 billion in commercial real…
Banks in the Middle East seize opportunities for global expansion
According to Deloitte's latest report Banking across borders: International expansion opportunities for emerging markets-based banks, these banks which have the…
Real Estate In Turkey A Hot Favorite With Gulf Investors
Real estate in Turkey has been in the limelight for some time now and it is all because of the…
Kuwait Top Arab Investor Abroad In 2013
FDI tails off after the completion of major hydrocarbon projects and on the back of Middle East unrest. Foreign…
Banking On Technology
Banks in the GCC are leveraging the latest technologies to keep pace with a customer base whose members are increasingly…
Bahrain's Ahli United Bank Q2 profit up 35.1 pct
Ahli United Bank, Bahrain's largest lender, posted 35.1 percent rise in its second-quarter net profit, the bank said in a…
Dubai: pretender to the Shari’a finance crown
Since its establishment as a viable financial market in the 1980s, the Islamic finance industry has experienced staggering growth. In…
Islamic economy opens new horizon
This was disclosed in a report prepared by Dubai Islamic Economy Development Centre (DIEDC) in partnership with Thomson Reuters and…
Evolution of Luxury: New Affluent Seek Rich Experiences over Material Wealth
The affluent in Asia/Pacific, Middle East & Africa (APMEA) are increasingly seeking out rich experiences over ownership of opulent material…
Foreign investments in GCC slumps by 14.6 in 2013 — report
The foreign direct investment (FDI) in the Gulf Cooperation Council (GCC) states dropped by 14.6 percent in 2014, said Tuesday…