ABN Amro takes stake in financial crime outfit Thetaray
ABN Amro's Digital Impact Fund has taken an undisclosed stake in Israeli Big Data analytics firm Thetaray. The Dutch…
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Executives in Dh619m share fraud ordered to pay Dh1.24b
The Abu Dhabi Criminal Court has sentenced two former senior executives of a government-owned company in Abu Dhabi to prison…
Mideast UHNWIs pour $3.3bn into London real estate market
With speculation continuing around a potential 'Hard Brexit or 'no Brexit, Middle East's Ultra High Net Worth investors are continuing…
Saudi-GCC trade surges 20% YoY in Q1
The trading exchange between Saudi Arabia and the UAE, Bahrain, Kuwait, and Oman declined by 19.11% year-on-year during the first…
Brokerslink appoints new Middle East and Africa manager from MDS Re
Brokerslink, a global network of independent brokers, has appointed Tiago Mora as the new regional manager for Middle East and…
Tax authority looking into Israeli accounts in Cayman Islands
Thousands of bank accounts held by Israelis in the Cayman Islands are being investigated, Israel Tax Authority Director Eran Yaakov…
Qatar imposes restrictions on UAE bank over 'currency manipulation' probe
Qatar has placed further restrictions on First Abu Dhabi Bank, the UAE's largest lender, as it continues a probe into…
A topsy-turvy May for GCC markets: Markaz
The pan GCC index fell by nearly 5 per cent and the S&P GCC composite index recorded its worst monthly…
UAE stays on growth path
Growth forecast for the UAE and most of the Gulf economies has been revised down for 2019 and 2020 due…
Former Pakistan President Asif Ali Zardari arrested in fake bank accounts case
A political drama has unfolded in Islamabad as security agencies have arrested former Pakistan President Asif Ali Zardari from his…
Enoc Group gets $690m term loan from Chinese banks
UAE-based Emirates National Oil Company Group has secured a five-year term loan worth $690 million from a Chinese consortium of…
Saudi Crown Prince's economic policies baffle local private sector: Report
Saudi Arabia's economic reforms have left the country's private sector dazed and hurt by fluctuating policies, political misshaps and a…