AlexBank, Jordan Post sign agreement to enhance remittances service
The agreement was signed by Jordan Post Co General Manager Khaled Deib Al-Laham and Dante Campioni, managing director and CEO…
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‘Wall of liquidity’ seen coming into Saudi Arabian equities
A wall of liquidity is seen coming into Saudi Arabia’s equities due to a potential upgrade of the country in…
Foreign investment in Sharjah doubles to $1.6bn in 2017
Sharjah FDI Office, the investment promotion arm of the Sharjah government, has revealed that the emirate attracted a total of…
Director General of Insurance Authority (IA) inaugurates world’s largest Takaful forum
Over 300 Takaful and Technology Leaders converged at the 13th edition of the World Takaful Conference with the aim of…
Bahraini-Indonesian economic relations discussed
First Vice-Chairman of the Bahrain Chamber of Commerce and Industry (BCCI), Khalid Mohammed Najibi, has stressed the importance of stepping…
Saudi Aramco and Total to build $9bn petrochemical complex
A new petrochemical complex will be built at Jubail, Saudi Arabia following an agreement that Saudi Aramco signed with French…
Funding pressure eases for GCC banks with rising oil prices, Moody's says
Three years of intense funding pressure for banks in the Arabian Gulf region has largely eased and financial institutions stand…
Dubai's DAMAC starts marketing dollar sukuk in 6 percent area
DAMAC Properties, the second-largest listed real estate developer in Dubai, has given initial price guidance in the 6 percent area…
President ratifies international agreements
President His Highness Shaikh Khalifa Bin Zayed Al Nahyan has issued Federal Decrees ratifying a number of bilateral agreements between…
Islamic finance embracing small, medium enterprises
Traditionally, SMEs have not played a substantial role in oil-rich Middle Eastern countries where the economy used to be dominated…
BNP Paribas named Mena region’s best M&A financial advisor
Mergermarket last night announced the winners of its third annual MENA Mergers Forum, recognising the top M&A financial and legal…
Equal pay cleared
The UAE Cabinet has approved the issuance of the Law on Equal Wages and Salaries for Men and Women to…