Al Hilal Global Sukuk Fund delivers 3.93% dividend
Al Hilal Bank has announced the dividend payout of its flagship fund, Al Hilal Global Sukuk Fund. The Fund,…
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ETFs set gain traction with QSE debut of Doha Bank 'QETF'
Exchange traded funds are set to gain traction in Qatar with Doha today witnessing the launch of first such instrument…
NBK: Fed chair reiterates tightened monetary policy
US Fed Chair Jerome Powell iterated on the Fed's path to gradually tighten the monetary policy amid the accelerated growth…
Bridging trade finance gap key to trade growth
A great deal of factors afflicting global trade is linked to slower global growth, antiquated processes and rising protectionism. …
High net worth expats increasingly applying for second passport
High net worth residents in the UAE are increasingly applying for second passports to avail of maximum visa-free travel opportunities,…
Kuwait among frontrunners in philanthropy, says Min.
Kuwait's Minister of Awqaf and Islamic Affairs Dr. Fahad Al-Afasi said on Sunday that his country has forged an unparalleled…
Bank Muscat mandates banks for dollar bond issue
Bank Muscat, Oman’s largest lender, has mandated banks to arrange a five-year, US dollar-denominated benchmark bond issue, according to a…
Deutsche Bank, JPMorgan hire as banks look past Saudi crackdown
Global banks are pushing ahead with growth plans in Saudi Arabia four months after a crackdown on corruption. Lenders…
As demand for superyachts wanes, customers turn to trusted yards
What do millennials and ultra-high net worth individuals from the Asia-Pacific region have in common? Not much, but a…
Lawyers welcome draft UAE arbitration law as a boost for investors
Lawyers have welcomed the UAE’s approval of a draft law on arbitration, a fast-growing method of settling disputes out of…
Exclusive Interview: EBRD to invest at least €1B in Egypt in 2018
Thanks to the bold economic reform program launched by the authorities in November 2016, the European Bank for Reconstruction and…
UAE Cybersecurity Firm Doubles Revenue to $400 Million
DarkMatter, a three year-old United Arab Emirates-based cybersecurity firm, has more than doubled revenue last year to over $400 million.…