Mideast firms ramping up investments with an AI on the future
Middle East entities, especially in the UAE and Saudi Arabia, are increasingly streamlining their strategies with artificial intelligence as they…
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Dubai’s Abraaj said to owe fund investors at least $300m
Troubled Dubai-based private equity firm Abraaj is said to owe investors in one of its funds at least $300m, according…
Al Hilal Bank announces new senior appointments
Al Hilal Bank has announced the growth of its core divisions with the appointment of David Whitcroft as Senior Managing…
Dadabhai Properties signs partnership deal with Al Baraka
Dadabhai Properties, a division of the Dadabhai Group, has entered into a strategic partnership with Al Baraka Islamic Bank through…
BLME first-half net profit jumps nearly 5 times
The Bank of London Middle East Holdings (BLME) said on Sunday its first-half to June 2018 net profit jumped to…
New Head of Business Finance and Analysis at First Abu Dhabi Bank
A relationship with the Chartered Institute of Management Accounting (CIMA) spanning over 10 years has opened doors for Oliver Seldon,…
Saxo Bank reveals 139% growth in UAE-based female traders
Saxo Bank, the Fintech specialist focused on multi-asset trading and investment, said its UAE-based female trader clients have increased by…
World Bank predicts high per capita income for Qatar in 2019
Qatar has maintained its position as one of the highest per capita income countries in the World Bank’s predictions for…
Bitcoin ban: Saudi Arabia investors to turn to property investment?
What next for cryptocurrency investors in Saudi Arabia? As of August 2018, the trading of bitcoin and other virtual…
UAE becomes first country to offer global e-mortgage services
In May this year, Dubai Land Department announced plans for the Real Estate Self Transaction (REST), a platform for conducting…
Will Cryptocurrency Hit the Israeli Mainstream
In late 2017, Bitcoin hit a massive peak of nearly $20,000 (73,000 ILS) per coin and thrusted cryptocurrency into the…
Scots pension fund sells shares in controversial Israeli bank
A council pension fund has sold its shares in an Israeli bank at the centre of a global divestment campaign.…