80pc of transactions will be digital in three years, says expert
Eighty per cent of the bank transactions from 2021 onwards could be digital in Bahrain if current advancement in technologies…
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Dubai's Emirates NBD raised around $52mln for Saudi equity fund: officials
Emirates NBD, Dubai’s largest lender, is planning to focus on exploring equity investments in Saudi Arabia and Egypt between now…
Four Big Banking Issues Affecting UAE Company Formation
Opening a corporate bank account can be stressful. New and tough international regulations and expectations on banks over the last…
Investing In The Frontier
In 2014, frontier markets had a brief moment in the sun, as high-flying returns from smaller, riskier countries like Vietnam…
Union Properties to issue AED 500 million Sukuk
UAE-based Union Properties’ (UPP) has announced that the board of directors approved the issuance of AED 500 million Sukuk. …
Lawyer: Dubai’s troubled Abraaj nears out-of-court settlement
A lawyer for the founder of embattled Dubai-based private equity group Abraaj said Thursday it is close to an out-of-court…
UAE launches unified portal for business licensing
The UAE Telecommunications Regulatory Authority has today launched a new portal that will enable one-stop online business registration across the…
Saudi, Egyptian equities shine as reforms take hold
Equities in Egypt and Saudi Arabia are becoming more attractive to Emerging Market (EM) investors as structural and economic reforms…
Qatari Venture Wins Approval for Almost 1,000 London Homes
A Qatari Diar Real Estate Investment Co. venture won approval to build almost 1,000 homes in the U.K. capital’s Elephant…
Qatar to buy New York's Plaza Hotel for $812m
The tiny but ultrarich Gulf state of Qatar has agreed to buy one of New York's most iconic buildings, the…
Dubai courts uphold claims against ex-Leeds owner Haigh
DIFC Courts have upheld a multi-million dollar judgment against former deputy chief executive of GFH Capital David Haigh after his…
FSI Middle East wins contract to provide FM software solutions to Al Rajhi Bank
FSI Middle East has been appointed to supply and deliver CAFM software to Al Rajhi Bank located in Saudi Arabia.…