Qatar Shows Faith in Europe
The decision in late August by Qatari investors to inject €500 million into the creation of Eurobank EFG in Greece…
Wealth and Asset Management
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JPMorgan expanding private banking in Gulf
JPMorgan is expanding its private banking operations in the Middle East as it attempts to tap into rapidly growing Gulf…
INTERVIEW: Qatar Central Bank To Keep Riyal Pegged To US Dollar
Qatar is confident it can keep inflationary pressures contained while maintaining its longstanding currency peg to the U.S. dollar despite…
Iran hit by massive $2.6 bn banking scam
Several Iranian banks have been targeted in one of the biggest frauds in the Islamic republic's history, losing nearly $2.6…
Nakheel wrote off $21.4bn after Dubai property crash
Nakheel, Dubai’s biggest developer, told creditors it wrote down AED78.6 billion ($21.4 billion) from the value of its real estate…
Path Solutions and Apliman Technologies Announce Partnership Agreement
As result of the partnership contract,the iMAL*2Mobile new offering will utilize Apliman’s SMS Gateway and USSD Gateway for providing mobile…
Dubai Chamber urged to attract more international investors
Dubai is an attractive destination for international investment and is a platform for business in the wider Middle East region.…
Key UAE asset classes poised for strong recovery
Key sectors of the UAE economy such as real estate and financial services are poised for strong growth as the…
BankDhofar signs agreement with Environment Society of Oman
BankDhofar recently signed an agreement with the non profit organization, the Environment Society of Oman (ESO), enabling customers to donate…
HSBC jobs cull to spare UAE
HSBC Middle East says 200 layoffs planned for the region will result in no branch closures in the UAE and…
Trendiest London hotels to be bought by Middle Eastern investors
Three of London's trendiest hotels, the Sanderson, St Martins Lane and the newest, the W Hotel are set to be…
Al-Assaf sees opportunities for investors in euro crisis
The financial crisis in Europe leading to slower economic growth poses risks for Saudi Arabia’s exports, according to Finance Minister…