Saudi Arabia Considers Adding to $10 Billion Loan
Saudi Arabia is considering increasing the size of a $10 billion loan after banks on the 2016 deal offered to…
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Much to Look Forward To by Gary Dugan
Will the Fed have to move quickly to stay ahead of the market? Equities open on a strong note but…
BofAML forecasts $10bn gross issuance by Qatar this year
GCC debt will be a strong play for investors in 2018. Qatar’s gross issuance for the year 2018 is expected…
KFH traded sukuk volume reaches KD 16.6bn in 2017
Kuwait Finance House Group volume traded in the sukuk market reached $16.6 billion for the year 2017 ie a growth…
Businessman Saiful evading ACC summonses for quizzing in AB Bank money-laundering probe
Saiful is also a director of Sky Aviation Services, an agent of FlyDubai GSA Bangladesh. A former director of Standard…
More UAE residents mull property buying
The current bargains available on Dubai property seems enticing – 40 per cent of residents have plans to invest here…
War of the wallets
Contactless payments, which bypass the need for the consumer to swipe a card, sign a receipt, punch in a pin,…
Local fintech to tap Bahrain’s bitcoin exchange
Bitcoin technology provider, Belfrics Global has received the Sandbox license from the Central Bank of Bahrain to launch a crypto…
UAE central bank says enough coins in circulation amid overcharging concerns
The UAE’s Central Bank has said the country has sufficient small coins in circulation following concerns consumers were being overcharged…
VAT to introduce transparency, industry leaders say
By the time you read this, Value Added Tax will have already come into effect in the UAE. The…
Emirates NBD to provide clearing services for Index Securities
Emirates NBD has announced it will provide clearing services to UAE brokerage firm Index Securities. The bank is the…
Abu Dhabi and Bahrain pursue fintech co-operation deal
Abu Dhabi Global Market, the International Financial Centre in Abu Dhabi, and the Bahrain Economic Development Board have entered into…