Hamad Buamim, President & CEO of Dubai Chamber of Commerce and Industry: Dubai has everything it needs
Even though the oil sector contributes only 2 percent to Dubai’s GDP, we have been wary about the effect of…
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Choppy Waters for Deutsche Bank
One recent piece of banking news has had an electrifying effect in global financial circles. Saudi Arabia was said…
Wermuth Asset Management launches Green Gateway Fund 2
Wermuth Asset Management (WAM), specialising in impact investments, is launching another private equity fund, with a focus on European growth…
OMR80 million aviation leasing fund launched in Oman
A OMR80 million $208 million aviation leasing fund has been launched by Oman Brunei Asset Management, previously known as Oman…
Dubai's Propertyfinder Group raises $20M from Swedish venture capital firm
Dubai-based real estate classified website Propertyfinder Group announced that it has received funding worth $20m from Sweden-listed investment company Vostok…
NBAD Securities #1 Brokerage in the UAE
NBAD Securities , a subsidiary of National Bank of Abu Dhabi, closed the year 2015 as the #1 broker in…
Negative earnings growth for banks in the United Arab Emirates – RESEARCH
Standard & Poor's said it expects negative earnings growth for banks in the United Arab Emirates in 2016 and a…
Jadwa Investment recognized as ‘private equity firm of the year in Kingdom’
Jadwa Investment has been recognized as “Private Equity Firm of the Year in Saudi Arabia” by Finance Monthly Magazine. …
QDB and QIB sign new Al Dhameen deal
Qatar Development Bank announced yesterday that Abdulaziz bin Nasser Al Khalifa, CEO of QDB, and Bassel Gamal, Qatar Islamic Bank…
Al Zarooni Exchange UAE licence revoked for money laundering violations
The central bank of the United Arab Emirates on Monday said it had revoked the licence of local money exchange…
Saudis told to prop up currency amid global devaluation war fears
Saudi Arabia should use its massive foreign exchange reserves to defend the riyal, amid fears the world is descending into…
Egypt's NBE eyes retail portfolio to hit $5bn end-June
The retail banking portfolio of Egypt's biggest state-run bank National Bank of Egypt has been boosted to 36.5 billion Egyptian…