Will Middle Eastern Real Estate Investors Remain on the Sidelines?
Investment from the Middle East into U.S. commercial real estate has been trending down this year, and the cause likely…
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Mashreq Bank Appoints New Group Head of Risk Management
Mashreq Bank, the UAE’s leading financial institution, announced the joining of Arif Usmani as the Group Head of its Risk…
Bahrain to launch compulsory risk regime for Islamic banks
Bahrain’s central bank is drawing up tight new requirements for Islamic banks to measure and report their exposure to financial…
Outlook for GCC banks "stable", says Moody's report
The outlook for GCC banks remains stable, reflecting strong financial fundamentals in the region’s largest banking systems that provide resilience…
Accounting Changes Double Reserves
Qatar’s central bank made a sudden accounting change in October that nearly doubled the country’s foreign-currency reserves ahead of an…
First tax havens blacklist published by EU
The European Union has published its first blacklist of tax havens, naming 17 territories including Saint Lucia, Barbados and South…
Global holds an arts exhibition on combating violence
Global Investment House held an arts exhibition under the theme “combating violence” from 25th till 30th of November 2017 at…
24th World Islamic Banking Conf. kicks off in Bahrain
The 24th edition of The World Islamic Banking Conference, the largest and most prestigious gathering of Islamic banking and finance…
Bank Sohar signs agreement with Vision Insurance
As part of its consistent efforts to provide a diverse bundle of products and services to customers across the Sultanate,…
UAE Central Bank's foreign assets up 54.7pc to $62bn
Current account balances and deposits of the UAE Central Bank with banks abroad rose 54.7 per cent or Dh80.8 billion…
Saudi Arabia and UAE ranked the wealthiest countries in the Middle East
The two countries with the most total household wealth in the Middle East region have been ranked as Saudi Arabia…
Dubai fund invests in US farming tech start-up
Investment Corporation of Dubai (ICD), the emirate's investment arm, has completed a major investment in US-based farming technology start-up Indigo…