Israel's 30 Richest in 2018
As Haaretz's daily business newspaper TheMarker was totting up its list of the local superrich, things suddenly changed: Days after…
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How UAE rate hike will affect businesses, consumers
The key interest rate hike announced on Thursday by Central Bank of the UAE will have a sudden direct impact…
Turnaround complete, Bank Leumi seeks U.S. expansion
Avner Mendelson has made progress over his five years running Bank Leumi USA. When Mendelson became the bank's CEO…
How the Middle East's Top Investment Firm Unraveled: Timeline
It took Pakistani financier Arif Naqvi about 15 years to build Abraaj into one of the developing world’s most influential…
UAE's Reform Measures to Offer Relief for Businesses Across All Sectors
The recent spate of investor-friendly reform initiatives by the UAE government, including 10-year visas for investors and professionals as well…
Mark Mobius says he's "not bullish" on Saudi stocks
As Saudi Arabia stands poised to win emerging-market status, one of the best-known developing-nation investors says he isn’t completely convinced…
Abraaj heads towards liquidation
Embattled Dubai-based private equity fund, Abraaj Capital, is planning to apply for provisional liquidation to fight back against two creditors…
Banks and Cryptocurrencies Global Evaluation: The Middle East
Arab markets were flooded with new investors in April after an Islamic scholar announced cryptocurrency is halal under Sharia law.…
National Bank of Fujairah to tap debt programme to fund growth
The National Bank of Fujairah, which counts the emirate’s government and Investment Corporation of Dubai among its shareholders, plans to…
‘Dubai leak’ exposes $110m dirty money
Dubai’s property market is being abused by money launderers, according to a campaign group which has published a report based…
Finally, a banking innovation beyond the ATM
When Paul Volcker, ex-chairman of Federal Reserve famously said in 2009 that “the only thing useful the banking sector invented…
Investcorp wins 4 awards at EMEA Finance event
Bahrain-based Investcorp, a leading global provider and manager of alternative investments, said it has won awards in four categories at…