Dubai-based firm launches commodities-backed cryptocurrency
Freedium, a company establishing a presence at the Dubai Multi Commodities Centre (DMCC) has announced the launch of the first…
Regulation, Risk & Compliance
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More Gulf region IPOs likely this year, says Abu Dhabi Financial Group CEO
There is a strong possibility that the Gulf region will see more IPOs this year, according to Jassim Alseddiqi, the…
Abraaj offers to resign as manager of $1bn healthcare fund – report
The firm is reorganizing its structure - with founder Arif Naqvi ceding control of the fund management business - and…
UAE banks interest rate rises with introduction of a new system
Most of the interest rates offered by UAE banks rose on Sunday as the central bank introduced a new system…
Offshore Deal Volume In 2017 Outpaces Previous Year
The number and value of offshore M&A deals rose in 2017, making it one of the busiest years recorded for…
World Bank lauds Qatar for assisting countries in projects
HE the Minister of Economy and Commerce Sheikh Ahmed bin Jassim bin Mohamed al-Thani met with World Bank vice-president (Middle…
Qatar to mark comeback with $12 billion international bond
Qatar raised $12 billion in a bond issue on Thursday, the largest placement by an emerging market sovereign this year,…
Another opportunity for Iraq to clean up its act
Iraq and its people have gone through nearly four decades of outright chaos: the eight year Iraq/Iran war, Saddam invasion…
Saudi Arabia beats Qatar to market with $11 billion bond
Saudi Arabia is set to raise $11 billion with a triple-tranche dollar bond, while Qatar is meeting global investors ahead…
Federal Tax Authority Looks Back on 100 Days of VAT in the UAE
Tax compliance in the UAE is one of the highest in the world, as 98.8% of all businesses and groups…
Kuwait mulls law to regulate, develop insurance industry
Assistant Undersecretary at the Ministry of Commerce and Industry Abdullah Al-Awais revealed a higher committee will study and develop the…
Qatar attracts hefty demand for comeback international bond
Qatar, which is marketing a triple-tranche U.S. dollar-denominated bond, has received orders in excess of $32.5 billion for the planned…