Kuwait economy to rebound in two years – WB official
The World Bank's Country Manager in Kuwait Firas Raad said the late 2016 OPEC and major oil producers' agreement, aimed…
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Riyadh, Bahrain, Kuwait's corporate earnings grow — Markaz report
Kuwait Financial Centre (Markaz) stated that during H1-2017, GCC corporates posted a negative 1% growth compared to the same period…
Bank financing to UAE realty sector tops $76bn in H1
Bank financing provided to the property and construction sector in the UAE reached Dh281.2 billion ($76.5 billion) during the first…
KPMG appoints A. Alnaim as managing partner in Al-Khobar
KPMG in Saudi Arabia has announced the appointment of Abdulaziz Alnaim as Managing Partner of its Al-Khobar office, in order…
Burgan Bank receives STP Award 2016 from CitiBank
Burgan Bank, Kuwait’s most dynamic bank, is pleased to announce that it has recently been granted Citibank Straight through Processing…
Turkey Firms Ready $64 Billion Spending Spree to Leave Home
Robert Yuksel Yildirim had barely been at the family’s construction-materials business a year before the company won its first international…
UAE Expats Losing An Average Of AED 6000 Per Year On International Money Transfers
Expatriates sending money home are losing an average of Dh6,000* per year on transfers, according to global financial planning firm…
Nick Samouilhan to join multi-asset team at T. Rowe Price
Nick Samouilhan is to join T. Rowe Price as a solutions strategist in the EMEA multi-asset solutions team following his…
L’Oréal and Beiersdorf set to take advantage of Egypt’s new investment law?
Egypt’s cabinet has passed regulations for a new investment law that could bring in much needed business from international companies,…
Turkey's non-banking financial sector assets go up
Non-banking financial sector assets increased by 19.5 percent to reach 120 billion Turkish liras ($34.26 billion) in the first half…
Mideast private bankers getting hot on Saudi Arabia
After many years in the doldrums, private banking in the Middle East is showing signs of a comeback. The region's…
DGCX to Launch Region's First Sharia Compliant Spot Gold Contract
The Dubai Gold & Commodities Exchange and Ayedh Dejem Group have agreed to develop and launch the Middle East’s first-ever…