Hong Kong Seeks to Widen DLT Use in Trade Finance
Hong Kong Monetary Authority, the city's de facto central bank, is planning to work with regulators in Abu Dhabi to…
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DED Signs up With Adcb and Mashreq to Support E-Traders
The Business Regustration & Licensing sector in the Department of Economic Development, Dubai, has signed two separate agreements with the…
Growing support for fintech industry in Lebanon
In a development that underscores a continued interest in the fintech industry among regional investors, Berytech, a Lebanese business development…
Abu Dhabi's Eshraq Properties drops merger plans with Reem Investments
Eshraq Properties has dropped plans to merge with fellow Abu Dhabi developer Reem Investments, after the two companies could not…
CI Capital signs Brokerage Services Agreement with Maybank Kim Eng
CI Capital, the leading diversified financial services group, announced today that it has signed a brokerage services agreement with Maybank…
Kuwait's Contribution to Asian Investment Bank’s Capital Approved
The Kuwaiti National Assembly approved Monday a draft law on the state of Kuwait's contribution to the capital of the…
New Saudi Arabia ETF Emerges
Saudi Arabia’s addition to indexer MSCI Inc.’s group of emerging markets starting in June 2019 is expected to lure $40…
Qatari banks lead Gulf states in real estate lending despite blockade: report
Qatari banks lead the Gulf Cooperation Council members states in real estate lending despite a blockade, local media reported Monday.…
Saudi, Kuwait and UAE to support Bahrain's economy
The small size of the Bahraini economy would make it relatively easy for its wealthier neighbouring states to bail it…
Challenging times ahead for Mena private equity industry
The private equity industry in the Middle East and North Africa (Mena) region has been facing challenging times in fund…
JP Morgan consults on including Gulf states in key bond index
JP Morgan has started a consultation on including Gulf states in its widely tracked emerging market government bond indexes, although…
Abu Dhabi tax increase set to hit 2.3m expats
The introduction of a new tax hike in Abu Dhabi’s could see more than 2.3 million expats receiving significantly higher…