Saudi Arabia: Loss Of Economic Confidence
Saudi Crown Prince Mohammed bin Salman is leading a delegation to the US in coming weeks, seeking to attract massive…
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Gulf banks catch eye of regional investors
Gulf banks could benefit from rising global interest rates, a Bloomberg conference in London heard. Hasnain Malik, global head…
Damac to experience 'cash flow pressure' in 2018, says EFG Hermes
Operational and financial challenges at Damac Properties, one of the UAE’s biggest listed real estate developers, are expected to continue…
Jump in Islamic tax liabilities worries Saudi banks
A jump in retroactive Islamic tax liabilities faced by Saudi Arabian banks is creating concern about damage to their earnings…
Dubai Islamic Bank boosts emirate's sukuk listings to over $53bn
Dubai Islamic Bank the largest Islamic bank in the UAE, has celebrating the listing of a $1 billion sukuk on…
Turkey-based Limak Holding wins bid for construction of KIA new terminal
Kuwait has assigned to Turkey-based Limak Holding the construction of Kuwait International Airport new passenger terminal II meant to boost…
Saudi is biggest deal-maker in Middle East
Saudi Arabia has become the biggest deal-maker in the Middle East after its Public Investment Fund spent about $54 billion…
Property market dubai will continue downtrend 2020
Property prices in Dubai may fall by 10-15% in the next two years due to the oversupply, geopolitical risks and…
How Institutional Investors Are Preparing for Return of Volatility
Seventy-eight percent of institutional investors around the world expected stock market volatility to surge in 2018, according to survey results…
Al Baraka Banking Group receives international awards
Al Baraka Banking Group B.S.C. and four of its subsidiary banking units received the Best Islamic Financial Institution Award of…
ABG total assets rose 9pc to exceed US$25bn
Al Baraka Banking Group yesterday announced financial results for full-year 2017 reporting a 9 per cent increase in total assets,…
Emirates Islamic wins ‘most improved branches’ award
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, won the ‘Most Improved Branches’ award at the…