ECO Bank Signs Deal to Expand Iran Operations
The Central Bank of Iran has signed a cooperation agreement with ECO Trade and Development Bank in Turkey that could…
Regulation, Risk & Compliance
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Qatar Promoting Private Sector as Sanctions Bite
Qatar’s government announced measures to help private sector businesses after its economy was hurt by sanctions imposed by other Arab…
Bahrain state-owned oil company hires bankers for debut bond issue
The Oil & Gas Holding Company B.S.C., which is fully owned by the Kingdom of Bahrain, has hired banks to…
Saudi sovereign fund creates $1.07 bln "fund of funds" to back SMEs
Saudi Arabia’s Public Investment Fund said on Monday it is creating a 4 billion riyal ($1.07 billion) “fund of funds”…
Australia's Select Harvests rejects offer from UAE fund, shares jump
Australian almond producer Select Harvests Ltd said on Monday it has rejected a A$430.6-million ($334 million) takeover proposal from United…
Lebanon passes disputed tax hikes to fund public sector pay rise
Lebanon's parliament approved contentious taxes needed to finance a public sector pay rise on Monday and Prime Minister Saad al-Hariri…
Dubai has world’s first government entity to conduct transactions through Blockchain network
The Dubai Land Department (DLD) has achieved another technical milestone by becoming the world’s first government entity to adopt Blockchain…
Capital Investments launches online and mobile-enabled stock trading application
Capital Investments, Capital Bank of Jordan's investment arm, has launched its new stock trading application, ‘CapInvest Trader’. The new…
SBI Life to open Bahrain branch by December
SBI Life is likely to open a branch in Bahrain by the end of 2017, enabling the insurance major to…
Foreign policy and opportunistic lawsuits
Navigating the shoals of foreign policy is hard at the best times, especially in the Middle East. It becomes…
64 per cent of expats working in the UAE plan to return back home when they retire
This highlights the need for expats to choose savings and investment solutions which are suitable and portable back to their…
Saudi women finally get behind wheel of luxury cars
Saudi women are making the most of their newfound right to drive, testing out some of the world’s most exotic…