Mexican firms eye Qatari market
Qatar and Mexico are working aggressively to deepen and strengthen economic and investment relations by expanding the volume of trade,…
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Gulf General Investment Company in talks with lenders to restructure debt
Gulf General Investment Company is in talks with lenders to restructure loan and credit facilities after defaulting on a payment…
Dubai Land Department Signs an e-Mortgage Agreement with Dubai Islamic Bank
Dubai Land Department (DLD) has signed an e-mortgage agreement with Dubai Islamic Bank (DIB), which was signed by His Excellency…
UAE's largest bank wins licence for Saudi expansion
First Abu Dhabi Bank (FAB), the UAE’s largest bank, has secured a licence from the Saudi Arabia Monetary Authority (SAMA)…
How the UK is doubling down on GCC as a key economic partner
As the spectre of Brexit looms, speculation has swirled that the European Union’s loss will be the GCC’s gain. British…
Dubai's Abraaj said to be cutting 15% of workforce
Abraaj Group is cutting about 15 percent of its total workforce, according to people with knowledge of the matter, as…
Turkish banks earn over $1B net profit in February
The Turkish banking sector posted a net profit of 3.85 billion Turkish liras ($1.02 billion) in February, said the Banking…
Bahrain Wakes Up to Bond Reality
Bahrain reined in its bond-sale plans as investors sought higher yields amid a surge in issuance from the Gulf. …
Saudi Arabia to Join FTSE Emerging Market index
The Saudi Arabian stock market will join FTSE Russell’s emerging market index starting in March 2019, the company said on…
Building greener thinking into the Middle East’s real estate
Across the Middle East, it’s not just the glass skyscrapers glittering in the sunlight; growing numbers of buildings are incorporating…
FTSE Russell promotes Saudi Arabia to Emerging Market status
FTSE Russell, the global index, data and analytics provider, has confirmed that Saudi Arabia will be promoted to Secondary Emerging…
Taxing expat remittances is legal: Ashour
Rapporteur of the National Assembly’s financial and economic affairs committee MP Saleh Ashour said yesterday that imposing charges or taxes…