Saudi billionaire has $9.2bn freezing order lifted
In what was described as a "significant victory" in his ongoing and bitter legal dispute with members of his wife's…
Wealth and Asset Management
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Saudi Prince Alwaleed bin Talal on Steve Jobs: Three Apples Changed The World
Saudi billionaire Prince Alwaleed bin Talal Alsaud, a global investor who has owned shares in Apple for 16 years, sent…
Mideast's Unrest Hits Investment Banks
Investment-banking revenues in the Middle East tumbled to the lowest level since 2004 in the third quarter, as the twin…
UAE's Sheikh Mansour tops British football rich list
Manchester City owner Sheikh Mansour bin Zayed Al Nahyan has been rated as the richest man in British football, according…
Egypt considering IMF deal rejected in June
Egypt is considering International Monetary Fund financing it previously turned down and is still in talks with Gulf Arab states…
Top Qatari bank's quarterly net surges on interest income
Qatar National Bank SAQ, the Persian Gulf country’s biggest bank by assets, posted a 31 percent gain in third-quarter profit…
Investors see upside of Gulf’s low liquidity
The Dubai Financial Market, Dubai’s main stock exchange, turned over only $8m on Sunday, its lowest level since August 2004,…
Assets of rich Saudi families decline by 12%
There has been a fall of 12 per cent in the wealth of 14 Saudi rich families during the first…
'India in talks with GCC countries to sign free trade pact'
India is in talks with members of the Gulf Cooperation Council (GCC) to conclude a free trade agreement and a…
Little GCC exposure to global crisis
The global financial distress in 2008 had a relatively little impact on Gulf hydrocarbon exporters as their economies have become…
Sharjah Islamic Bank opens Priority Banking Centre in Abu Dhabi
HE Mohammed Abdullah, CEO of Sharjah Islamic Bank (SIB) has opened the bank's Priority Banking Centre on Sheikh Zayed the…
Faster growth in Qatar to boost asset management
Asset management will have greater focus in Qatar with the country’s GDP growing at a faster pace, said HE the…