Mohammed Bin Rashid Approves DIFC’s New Expansion Plan
Vice President and Prime Minister of the UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum…
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Goldman asks: What if Lebanon is forced to restructure debt?
Goldman Sachs Group Inc. still sees an imminent debt restructuring in Lebanon as unlikely but is already turning its attention…
No more chauffeur service for these Emirates passengers
Emirates airline has implemented a new rule for passengers using its loyal programme Skywards Miles to upgrade their seats to…
QNB to Implement iGTB's Digital Corporate Banking Platform as It Strides Towards Becoming a Leading Global Bank by 2030
QNB will roll out iGTB's CBX platform in 14 countries, enabling it to expand its business beyond international borders, achieve…
Dubai waives bank guarantee requirement for tourism firms, to issue Dh250 million in refunds
Companies in the tourism industry will soon be able to get back the bank guarantees they had earlier set aside…
KFH goes live on RippleNet for money transfer service
Kuwait Finance House a member of RippleNet, has started operating an instant cross-border remittance service “Instant International Transfer” using Ripple’s…
Bahrain beats UK and USA as second best country for expats to work
Bahrain is the second best country in the world for expats to work according to a new survey from HSBC.…
Middle East to lift emerging market sovereign debt this year, Morgan Stanley says
Sales of hard currency debt issued by developing nations should bounce back this year after a torrid 2018 for emerging…
UAE's higher spending to shore up economic growth in 2019
The UAE’s consolidated government spending for 2019 is significantly higher than last year and is expected to support economic growth…
Mark Mobius doesn’t think anyone should be investing in Saudi Arabia
Now is not a good time to put your money in Saudi Arabia, heavyweight emerging markets investor Mark Mobius believes. …
Robots are not killing our jobs, says World Bank
This work is a product of the staff of The World Bank with external contributions. The findings, interpretations, and conclusions…
Rising interest rates set to boost Saudi banks' earnings
Saudi Arabian banks may report double-digit earnings growth this year as rising interest rates and increased government spending offset the…