Saudi, Kuwait remain firm, other markets drop
GCC markets witnessed mixed performance during August-17 due to factors specific to each market along with the normal seasonal profit…
Regulation, Risk & Compliance
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The numbers that prove the dire situation of Qatar’s economy
Three months after the Gulf crisis broke out, Qatari Emir Sheikh Tamim decided to green-light the the largest commercial port…
World's second-longest serving central banker replaced in Oman
Oman’s ruler replaced the head of the central bank after 26 years in the job as the Gulf Arab monarchy…
Bank Hapoalim, Microsoft join forces on Blockchain technology
Israel’s Bank Hapoalim and software giant Microsoft said Wednesday they would collaborate to set up a platform to create digital…
Al Hilal Takaful appoints Emirates NBD unit to manage strategies
Al Hilal Takaful, the Islamic insurance subsidiary of Ahli United Bank with operations in Bahrain and Kuwait, has appointed Emirates…
Oman Qatar Insurance share offer opens for subscription
Oman Qatar Insurance Company SAOG (under transformation), a leading insurance company in Oman, has announced the opening of its Initial…
Oman replaces long-serving executive president of central bank
Oman is replacing the executive president of its central bank after he held the post for 26 years, the official…
Isle of Man firm to launch $325mln Dubai property priced in bitcoin
The Knox Group of Companies, with headquarters in the Isle of Man, announced late on Tuesday it will launch a…
DGCX sees surge in Euro and Rupee contract trades in August
The Dubai Gold and Commodities Exchange said that trading volumes in Euro futures rose to their highest monthly level in…
Diezani, ex-minister, son, others top Dubai assets list
Barely two weeks after the signing of six agreements with the United Arab Emirates, the Federal Government has initiated moves…
Why Green Sukuk Could be a Growth Driver for Islamic Finance
Created to fund projects with positive environmental benefits, green bonds have become rapidly popular in Europe and Asia while gaining…
BPL Global opens for business in Dubai
BPL Global, the leading specialist credit and political risk insurance (CPRI) broker, has been granted a brokerage license by the…