UAE's Ducab names new CFO as 2018 sales reach $1.3bn
Dubai Cable Company has promoted Meshal Al-Naqbi as its chief financial officer, days after the company – jointly owned by…
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Emaar's gain lifts Dubai, banks pull down Saudi
Dubai's stock market rose on Tuesday, partly lifted by its largest listed real estate developer Emaar Properties, while Saudi Arabia's…
Dubai hits 4-month high, top lender elevates Egypt
Dubai’s stock market hit a four-month high on Monday, partly lifted by its largest lender Emirates NBD as one of…
UAE economy grew 1.7 percent in 2018 – state news agency
The United Arab Emirates’ economy grew by 1.7 percent at constant prices in 2018 compared to the previous year, slower…
Qatari regulatory authority closes First Abu Dhabi Bank to new customers
Qatar Financial Center, the regulatory authority, issued on Sunday a supervisory notice against the First Abu Dhabi Bank, prohibiting services…
UAE’s exchange houses gearing up for new anti-money laundering regulations
The UAE’s exchange houses involved in the Dh164 billion remittance industry are ramping up measures to combat money laundering, as…
Abu Dhabi’s exports up 36.6% at Dhs17.2b in Q4
The value of exports through Abu Dhabi ports increased by 36.6 per cent from Dhs12.6 billion in Q4 2017 to…
Intra-Arab financial and economic transactions reached $830bln in 2018- AMF Chairman
The total value of economic and financial transactions among Arab nations is estimated to have reached up to $830 billion…
Turkey's Regulator to Probe JPMorgan (JPM) Post Lira Slump
Triggered by the continued decline in the value of lira, Turkey's banking regulator stated that it will conduct an inquiry…
Qatar ‘Energy Bank’ is credit ‘positive’ for GCC, says Moody’s
Qatar’s proposed Shariah-principled Energy Bank is credit “positive” for Islamic finance in the Gulf Co-operation Council (GCC), according to Moody’s,…
Blue-chips lift Qatar, Banks boost Saudi
Qatar’s stock market rose on Wednesday, lifted by shareholder approval for an increase in foreign ownership limits at Qatar Fuel…
Saudi Aramco to buy $69 billion Sabic stake in biggest ever Middle East deal
Saudi Aramco will buy a majority stake in Saudi Basic Industries Corp. from the kingdom’s sovereign wealth fund as the…