PayFort awarded as ‘Most Innovative Online Payment Service Provider’
PAYFORT, an Amazon company, has been recognised as the ‘Most Innovative Online Payment Service Provider’ by the International Finance Awards…
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Egypt: Bank Misr plans to raise $550 million to boost dollar reserve
Bank Misr, the second public bank in Egypt, plans to raise $550 million from international banks, before the end of…
Arabian Business Achievement Awards 2018 – Dr Habib Al Mulla
When UAE law firm Habib Al Mulla merged with Baker McKenzie in 2013, it was the first local Middle East…
KPMG suspended in Oman over 'irregularities'
Oman’s Capital Markets Authority has suspended audit firm KPMG from auditing entities it regulates for one year after uncovering “major…
Aldar Properties' Q3 profits fall 30% amid higher costs
Aldar Properties net profits dropped 30 percent to AED 420 million ($ 114.35 million) in the third quarter of 2018,…
Oman’s US$1.5bn sovereign sukuk offering
The Sultanate of Oman has sold US$1.5billion seven-year Sukuk certificates, its second foray into the international debt capital markets in…
Emirates Palace spends about $130,000 a year replacing gold ceiling
With a $3 billion price tag, the Emirates Palace in Abu Dhabi was said to be the most expensive hotel…
Middle East should learn from Hong Kong’s evolution
Advice firms in the Middle East need to modernise and potentially force leadership changes for the market to move away…
Abu Dhabi Commercial Bank picks Barclays to advise on merger
Barclays has been appointed by Abu Dhabi Commercial Bank (ADCB) to advise on a potential merger plan involving Union National…
Jersey marks growing ties with UAE
There may be thousands of miles between the UAE and the island of Jersey but over the past two decades,…
Middle East welcomes ten new members to billionaire's club
The MENA region welcomed ten new billionaires to its exclusive fold in 2017 according to an analysis from USB and…
More work to be done to improve UAE legal structure, says Al Mulla
Habib al Mulla was one of eight recipients of an Arabian Business Achievement Award, at a ceremony held last night…