Saudi central bank chief: can deal with any pressure on dollar peg
Saudi Arabia’s central bank is setting policy in line with the U.S. Federal Reserve’s interest rate policy and has enough…
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Abu Dhabi looks to privatisations to boost sluggish economy
Abu Dhabi plans to accelerate the privatisation of several state companies and overhaul its national energy company as the oil-rich…
Qatari banks find investor appetite in niche markets
Bank and Commercial Bank of Qatar raising fresh funds on Tuesday. Banks from the country have tapped niche markets…
Smooth sailing for GCC yacht industry
The global yacht industry might be witnessing a downward trend, but the Middle East market, specifically the GCC, is showing…
Standard Chartered restarts dividends as profit returns
Standard Chartered has restarted its dividend after leaving shareholders empty-handed for two years, as the emerging markets bank returns to…
Commercial Bank of Qatar debuts in Swiss francs
The Commercial Bank of Qatar debuted in Swiss francsonTuesday, selling three year bonds to‘the who’s who’ of the Swiss franc…
First Abu Dhabi Bank to enter commercial banking in Saudi Arabia
First Abu Dhabi Bank, the largest bank in the UAE by assets, is stepping up its presence in Saudi Arabia…
Saudi shares end lower on additional tax proposal
Saudi Arabian shares fell on Sunday as weakness in banks more than offset a rise in petrochemicals after Brent crude…
Citi hires Costa for EMEA retail investment banking
Citigroup has appointed Roberto Costa as a managing director for consumer and retail investment banking in Europe, Middle East and…
Top Abu Dhabi official named GFH chairman
Bahrain-based GFH Financial Group has appointed Jassim Alseddiqi, the managing director and chief executive officer of Abu Dhabi Financial Group…
Ripples of discontent shake Gulf and Western investors in Africa
Djibouti’s decision to terminate a contract that allowed Dubai’s DP World to operate the Doraleh container terminal has once again…
GWM seek to increase female adviser numbers
According to the latest government gender pay gap data, 74% of UK firms pay their male staff more than their…