Abu Dhabi Islamic opens new gold centre in Dubai
Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has opened its 12th Gold Center in the United Arab Emirates,…
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Cryptocurrency traders use old gold in drive to draw Islamic investors
In Dubai’s decades-old Gold Souk, customers from around the world haggle over bangles and necklaces. Elsewhere in the emirate, the…
What you need to know about cryptocurrencies in UAE
Blockchain technology is an application of a decentralised and cryptographically secured distributed ledger technology, operating on a peer-to-peer basis. …
Saudi Arabian companies plan massive Houston-area investments
Saudi Arabia's premier energy companies are planning to invest billions of dollars in their Houston-area petrochemicals operations to take advantage…
Lebanon battling to maintain stability
Rivalry between competing powers in the Middle East is piling pressure on the economy of Lebanon, already under severe strain…
Zurich announces leadership transition in Europe, Middle East & Africa business
Zurich Insurance Group (Zurich) has announced that Gary Shaughnessy (British citizen, 1966) will step down from his role as Chief…
Global giants who are knocking on Kingdom’s ‘open door’
Saudi Arabia is attracting a fresh wave of office openings from firms seeking to tap into a surge in foreign…
Social media is new hub for scamsters in UAE
After the successful crackdown by the Sharjah Police on mobile phone scamsters who used to call up subscribers, informing them…
Islamic finance embraces fintech
While banking and financial institutions in many corners of the globe have embraced the benefits technology has brought to the…
Look: Dubai's first cinema inside a hotel
The UAE is about to get another first. Property developer Emaar will open the country’s first cinema inside a…
Falcon Finance Chief to Exit
Falcon Private Bank's finance chief is poised to leave the Swiss company, finews.com has learned. His is the latest in…
Qatar bank deposits witness 6% expansion to QR811.55bn in Feb
Customers’ deposits of commercial banks in Qatar witnessed about 6% year-on-year expansion to QR811.55bn in February this year, according the…