Danube completes $82mln 444-unit project in Dubai
UAE-based Danube Properties, a leading real estate developer, has announced the completion of Resortz, a Dh300 million ($82 million) luxury…
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Bahrain liquidity fund deadline for large firms, SMEs
The deadline for applying for support under BD100 million liquidity fund is January 16 for large companies and March 19…
First Abu Dhabi Bank to auction Al Jaber's Dubai Shangri-La hotel: sources
First Abu Dhabi Bank has started an auction process for a Dubai hotel operated by Shangri-La and owned by indebted…
Turkish economy exceeded expectations in 2019, finance minister says
Thanks to reform measures that mitigated the negative impact of the high market volatility that began in the summer of…
Class of 2019: QNB
Qatar National Bank has maintained its position as one of the Gulf’s strongest banks – despite a regional embargo that…
Brexit will have limited impact on UAE tourism
Despite the uncertainty that continues to revolve around Brexit, tourism experts and officials noted that there will be a limited…
New regulations amend income tax law and introduce transfer pricing requirements
Executive regulations published in Qatar’s official gazette on 11 December 2019 clarify and in certain cases substantially amend provisions of…
Saudi economy to grow 1.9% in 2020 – World Bank
The gross domestic product (GDP) of Saudi Arabia is forecasted to achieve a growth rate of 1.9% during 2020, compared…
Falcon makes three big hires in Asia and Middle East
Falcon Group, a provider of inventory management solutions, has named three senior managers in Asia and the Middle East as…
Bank of China Approved for Saudi Branch Launch
Bank of China has been approved by Saudi Arabian authorities to open a branch in the kingdom, in yet another…
New study names Dubai sixth best city in the world in 2020
Dubai has been named as the sixth best city in the world and the No. 1 city in the Middle…
World Bank slashes UAE, GCC, Mena growth forecast
The World Bank, on Wednesday, slashed the growth forecast for the UAE, GCC, and Middle East and North Africa region…