Dubai's Abraaj hires key figure in Middle East peace process
A former key figure in the Middle East peace process has been appointed by Dubai-based Abraaj Group as a managing…
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Saudi Sovereign Wealth Fund to Create $2.6 bn Entertainment Investment Firm
Saudi Arabia’s sovereign wealth fund has said it was set to create a new company to act as its investment…
Citi names European trade heads
Citigroup has named co-heads of a key unit within its $8bn treasury and trade solutions business, one of the biggest…
Dubai developer repays $300m loan ahead of schedule
FIVE Holdings, the Dubai-based developer, said on Tuesday it has repaid its AED1.1 billion ($300 million) syndicated finance package 13…
Bahrain issues new regulations for Islamic banks
The Central Bank of Bahrain has announced new Shariah governance regulations applicable to wholesale and retail Islamic banks in Bahrain.…
GCC-India corridor offers huge investment opportunities, says report
A new research report outlines the robust economic cooperation between the Gulf Cooperation Council and India and analyses the trend…
Avaya Commits to Support Digital Transformation in Bahrain
Avaya has announced the opening of its new office in Bahrain as part of its strategy to support Bahrain’s digital…
Morocco's Attijariwafa Sees Egypt Unit as Major Driver of Growth
Attijariwafa Bank, Morocco’s biggest lender, expects its recently acquired Egyptian unit to be the company’s major driver of growth in…
Exponential growth seen in GCC assets under management
Dubai International Financial Centre has published the “DIFC Wealth & Asset Management Report 2017: Mapping Opportunities in the MEASA Region”…
Watch out for trends disrupting UAE real estate
A few key trends have emerged during this year's edition of Cityscape Global, highlighting the evolving nature of the UAE's…
Practices in the UAE financial sector ‘no longer tolerated’
Some formerly tolerated business practices in the Middle East’s financial services sector are now subject to clearly set out restrictions,…
Grant Thornton partner detained in Dubai
David Ingram, a partner in the insolvency and proceeds of crime team and a licensed insolvency practitioner at Grant Thornton…