Saudi non-oil economy sees strong business conditions in April, says Emirates NBD
Business conditions in Saudi Arabia’s non-oil private sector in April remained at their highest level since the end of 2017,…
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Eagle Hills Diyar signs agreement with UAE banks
Eagle Hills Diyar, the developer behind Bahrain's waterfront project Marassi Al Bahrain, has signed an agreement with a syndicate of…
NBB launches home finance & equity promotions to support existing owners and buyers of new properties
National Bank of Bahrain has announced a special Home Finance & Home Equity promotions from April 2019 until year end,…
OAB appoints Head of Banking Operations Group
In line with its approach to continually assess and streamline its organisational structures to improve efficiencies, OAB has carried out…
GCC Islamic banks will likely stay resilient in 2019-2020
Like their conventional peers, Islamic banks in Gulf Cooperation Council countries have seen growth slow in recent years. Some…
Jersey and Bahrain sign digital innovation agreement
Jersey and Bahrain have today signed a Memorandum of Understanding to work together to drive digital innovation across both jurisdictions,…
Investors, central banks boost global gold demand
Global gold demand surged seven per cent in the first quarter of 2019 on the back of broad-based support from…
Kuwait richest in the world – No poverty, No forced unemployment
According to the World Bank report, Kuwait is 'one of the richest countries where practically there is no extreme poverty…
UAE banks invested $9.53bln in Q1-2019
UAE banks invested up to AED35 bn in Q1-2019, bringing to AED367.8 bn their aggregate investments, a growth of 10.5…
Abraaj backer Hamilton Lane among several warned about fund
Five months before the events that led to the collapse of Abraaj Group, the biggest in private equity history, one…
ED files money laundering charge sheet against Zakir Naik
The Enforcement Directorate on Thursday filed a charge sheet against controversial preacher Zakir Naik in a Mumbai court, saying it…
Hong Leong Bank and Emirates Skywards Partner to Launch Emirates HLB Cards
Partnership to benefit a growing Malaysian travel segment and add more value and rewards for Emirates Skywards members Daily…