Developer makes Dubai debut with a bang
You would expect a developer making its debut in Dubai to go down the off-plan route for sales. Not…
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Achieving innovation in Islamic Economy
The previous edition of the International Innovative Platform for Islamic Economy Products coincided with the announcement of UAE Innovation Week.…
Wealth Migrate to present blockchain-based global real estate platform at Finovate Middle East
Wealth Migrate has been selected to showcase its newest technology at Finovate Middle East 2018 (Dubai, February 26-27). Finovate…
UAE insurers report strong results supported by gains in underwriting income
UAE insurers posted healthy top-line growth, improved operating profits and stronger shareholders’ equity in their 2017 financial results, according an…
Net interest income growth boosts profitability of UAE lenders
Higher business volumes and an increase in interest rates helped UAE banks to improve their profits last year. The…
Saudi January inflation jumps to 3.0 percent on VAT, gasoline price hike
The figures suggested the new tax and more expensive fuel, part of a government drive to cut a big budget…
Bahrain's Alba on track to complete debt financing for smelter expansion: official
Aluminium Bahrain, owner of one of the world's largest aluminium smelters, will raise by the end of this year's first…
Large UAE banks report higher Q4 profits
Despite higher provisioning and operating costs, four largest banks in the UAE managed to report higher net profit in the…
Dubai Islamic Bank Kenya head-hunts for senior managers
Giant Gulf lender Dubai Islamic Bank’s (DIB) local subsidiary, DIB Bank Kenya, is hiring more senior managers seven months after…
Millennials love to spend and not save
Millennials, who represent the highest proportion of the world’s population, are among the highest spenders compared to Gen X and…
Moody's: SAMA Deal with Ripple Provides $400 Million to Banks
The agreement between Saudi Arabian Monetary Authority and US-based financial technology company Ripple in managing a cross-border transaction of local…
New Islamic economy products unveiled in Dubai
Three new and unique solutions were launched in Dubai Wednesday at the 3rd Session: International Innovative Platform for Islamic Economy…