UAE to introduce new interbank rates system on April 15- sources
The United Arab Emirates central bank will introduce a new way of setting Emirates Interbank Offered Rates helping to make…
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Gulf budget gaps to further narrow in 2018 kuwaits govt revenues increase to kd 13 3bn oil revenues expected to stay at kd 11.7bn in 2017/18
Budgets deficits for the GCC region in 2018 are forecasted to come in at $51bn, a 52 percent reduction from…
Cadillac invests millions in the Middle East in new marketing drive
Cadillac’s $12 billion global market development plan, unveiled in 2015, is going to see it grow its investments in the…
Tax Challenges Arising from Digitalisation: More than 110 countries agree to work towards a consensus-based solution
More than 110 countries and jurisdictions have agreed to review two key concepts of the international tax system, responding to…
UAE takes pole position in digital banking as trend picks up momentum in the region: Al Masah Capital Report
Pressure is mounting on regional banking and financial institutions to accelerate the adoption and digitization of processes as the demand…
Nasdaq Dubai Welcomes USD 1.25 Billion Sukuk Listing By Islamic Development Bank
Nasdaq Dubai welcomed the listing today of a 1.25 billion US dollar Sukuk by the Islamic Development Bank, whose activities…
Dubai airline Emirates set to close $600m sukuk
Dubai airline Emirates has issued a $600m sukuk (Islamic bond), which received a “good response” from local and international investors,…
Citi is back in Saudi Arabia
The year 1955 was a big one in the history of First National City Bank of New York. Already…
Qatar asks US to investigate UAE bank for 'financial warfare'
Qatar has asked US regulators to investigate the US subsidiary of the largest bank in the United Arab Emirates, accusing…
Egypt names 23 state companies to float shares in privatisation scheme
Egypt announced on Sunday the names of 23 state companies that will sell stakes from this year under its plan…
Women Filling Jobs in Middle East
The Gulf job market is set to grow at an average rate of nine percent this year, according to research…
Nexus departs Singapore to focus on Middle East
Dubai-headquartered Nexus Group has confirmed to International Adviser that it is to close its Singapore arm, Nexus Financial Services, and…