Mutual interests bind the Middle East to Asia
Developments in the Gulf’s markets are increasingly being driven by the presence of Asian – and especially Chinese – banks,…
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Private sector corporates lead UAE’s credit growth
The UAE’s credit growth saw a solid rise in October, largely driven by improving credit demand from the private sector…
Bank Melli Iran rejects claims of illegal money transfers to Iraq
Bank Melli Iran has rejected the claims of the Office of Foreign Assets Control of the US Department of the…
Luxury for less in Dubai
It may be one of the world’s most opulent cities but you don’t have to break the bank to enjoy…
Turkey to sell asset-backed securities to improve banks' liquidity
Turkey’s development bank is gearing up to sell asset-backed securities to investors, a sign that authorities are pressing ahead with…
Dubai Islamic Bank Kenya losses widen to Sh666m on higher costs
Dubai Islamic Bank Kenya has posted a Sh665.8 million loss in the first nine months of trading, being 18.6 per…
No more ‘smoke and mirrors’ in product propositions
Tim Searle, Founder and Chairman of Dubai-based financial advisory Globaleye, says his company occupies a “sweet spot” of client segments,…
UAE to issue commemorative currency on National Day
The Central Bank of the UAE will issue a commemorative silver coin, a commemorative one Dirham coin and an Dh100…
Finablr acquires digital payments company TimesofMoney
Finablr, a global platform for Payments and Foreign Exchange solutions, has announced the acquisition of TimesofMoney, a digital payments solutions…
UAE still the most prosperous Arab nation, study finds
The UAE maintained its position as the most prosperous country in the Arab world for the 12th year in a…
How Dubai offers the most comprehensive package to aspiring entrepreneurs
Entrepreneurship has become one of the primary pillars of Dubai’s ambitious development plans. By embracing disruptive technology and innovation,…
Deloitte LCB audit case set for trial
The Dubai International Finance Centre has recognised a claim made by the bank’s shareholders against Deloitte and Touche Middle East…