Bank official embezzled Dh896,742, court hears
A bank’s assistant manager embezzled more than Dh890,000 after forging documents, the Dubai Court of First Instance heard on Wednesday.…
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Telr welcomes new senior leadership team
The new leadership team will play a critical role in supporting Telr’s continual growth strategy and in driving its leadership…
Qatar Lament Gulf Trust Lost
Qatar’s foreign minister said Tuesday it will take a “lot of time” to rebuild any trust between sparring Gulf countries…
Most Middle East markets up, Qatar index sinks 1.2%
Most Middle Eastern stock markets rose on Wednesday, with Egypt ending a six-day losing streak, but trading volumes were thin…
The importance of corporate structuring
As explored in this SuperyachtNews article, the employment of family offices for Middle Eastern superyacht clients is growing in order…
Luxury supercars invade London as Arab playboys flaunt their wealth
Hundreds of Arabs have arrived in the most glamorous hotspots the capital has to offer to flaunt their flashiest wheels…
Dubai's Noor Bank Downsizes in Huge Restructuring: Sources
Noor Bank has allegedly made dozens of redundancies at its branches this week, with up to 200 redundancies in total…
Qatar’s sovereign fund plans new investments despite sanctions
Qatar's sovereign wealth fund, with around $300 billion to its name, is shrugging off the country's diplomatic crisis with its…
Higher interest rates and cost cutting lifts Saudi banks outlook
Bank of America Merrill Lynch said it saw an improved outlook for Saudi Arabian banks due to higher interest rates…
Qatar to Tell Banks to Seek Overseas Funding as Gulf Spat Drags On
Qatar is telling its banks to tap international investors to raise financing, instead of mainly relying on government funding, people…
Municipality refuses visa transfer of expat workers – ‘Clearance must from institutions’
Kuwait Municipality has refused to grant expatriate employees under the support services item permit to transfer to another sponsor when…
VAT’s impact on UAE’s consumer price inflation will be limited
The impact of the introduction of value added tax in the UAE from January 1, 2018 on annual inflation in…