Saudi Arabia prepares to auction detained billionaire's real estate, cars – sources
Saudi authorities are preparing to auction billions of dollars of real estate and cars belonging to billionaire Maan al-Sanea and…
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QNB receives two major awards from Euromoney magazine
QNB, which is the largest financial institution in the Middle East and Africa, has received the awards for ‘Best Commercial…
Middle East sovereign funds spend more on alternative assets – report
Sovereign wealth funds in the Middle East are directing a greater proportion of their assets away from traditional investments such…
Revealed: the average expat salary in Dubai
Dubai, the business hub of the Middle East, is one of the best places in the world for both job…
Bank Sohar inaugurates relocated Nizwa branch to better serve its customers
As part of Bank Sohar’s strategy to provide excellence in customer experience and added convenience to its valued customers, the…
First Abu Dhabi Bank Sees Interest-Rate Jump Boosting Its Profit
First Abu Dhabi Bank PJSC expects a rise in U.S. interest rates to boost its profits because the United Arab…
Saudi Arabia Extends Foreign Investment Licenses
Saudi Arabia extended foreign investment licenses to a renewable period of up to five years from one year, in the…
New Islamic start-up incubator launched in Dubai
Dubai Airport Freezone Authority has partnered with Dubai Islamic Economy Development Centre and venture firm Technolera to launch a new…
GFH supports Dubai, banks weigh on Saudi again
The Dubai index was flat but GGFH climbed 4.4 percent after saying Jassim Alseddiqi, chief executive of Abu Dhabi Financial…
QINVEST Reports 2017 Year-End Results
QINVEST has announced its end of year results for 2017. Revenues from all business lines amounted to QAR 368.6…
Founder of Dubai private equity firm Abraaj hands over control of fund
Arif Naqvi, the founder of Dubai-based emerging markets private equity fund, Abraaj Group, has handed the running of the fund…
Cross border synergies are vital for Qatar’s fintech sector development, says Doha Bank CEO
There has been a “significant push” to promote Qatar as a regional fintech hub, according to a senior official at…