UAE Monetary Base Up To AED386 B In April
The UAE monetary base increased to circa AED386 billion by the end of April, 3.5 percent up from AED373 bn…
Regulation, Risk & Compliance
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Dubai-based fintech looks to match banks' funding needs with the world's wealthy
The fintech landscape in the Middle East is both competitive and growing, with several cities bidding to become the region’s…
Andersen Global Signs First Agreement in Bahrain
Andersen Global has announced its first collaboration agreement in Bahrain with independent consulting firm Awael Al Bahrain Management Consultancy (Awael).…
Deloitte: Construction Hitches in the GCC Lead to Calls for Positive Change
Construction plays an important role in GCC countries’ long-term economic development plans and national visions, driving the involvement of the…
UK minister for Middle East hails Egypt’s economic reforms
Minister of State for the Middle East at the Foreign and Commonwealth Office Andrew Murrisonp raised Egypt’s economic reforms which…
Saudi court accepts AHAB's bankruptcy filing, rejects liquidation – sources
A Saudi commercial court has accepted a filing by conglomerate AHAB to have its decade-long dispute with creditors resolved under…
Lebanon may struggle to refinance foreign currency debts
Lebanon's impasse in agreeing a credible fiscal reform plan and deteriorating global market conditions means it may struggle to refinance…
How Will Brexit Affect the Middle East and North Africa?
With its global repercussions, it is inevitable that Brexit will affect the Middle East and North Africa. Nearly three…
Afghanistan closes Iran-backed bank, citing regulatory violations
Afghanistan has closed an Iran-backed bank in the country, saying it had repeatedly flouted financial regulations. Arian Bank had…
How Latin American trade with UAE will be enabled by Panama
“Dubai? Rich people, a tall building and fancy cars,” a young Panamanian street food vendor tells Arabian Business as he…
Palestinian businessmen reject invite to US ‘peace’ workshop in Bahrain
Palestinian businessmen, economic and trade institutions and unions have received invitations to participate in the economic workshop organised by the…
UAE gov't proposes end-of-service employee fund for expats
The UAE is planning to introduce a savings retirement fund for non-Emirati employees that will run in addition to the…