Dubai sovereign wealth fund sees profit drop 21%
Investment Corporation of Dubai, the emirate’s sovereign wealth fund with holdings in strategic companies such as Emirates airline and Emirates…
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Shuaa Capital finalises deal to buy two financial outfits
Shuaa Capital, the UAE integrated financial services firm, on Thursday said it had entered into an agreement with Integrated Financial…
Nawaz Sharif is an employee of an offshore company in Dubai: Khaleej Times
A UAE-based legal firm has verified the contents of a report submitted to the Supreme Court by the joint investigation…
Major UAE Banks Post Strong First-Half Financial Results: Details
Leading Dubai banks such as Emirates NBD, Emirates Islamic and Dubai Islamic Bank posted their first-half results on Wednesday, reporting…
Assets of 13 listed UAE banks surge to $383billion in H1 2017
The assets of 13 UAE banks have surged to AED1.41 trillion by the end of the H1 2017, a growth…
UAE leads Arab world in FDI
GCC states led the Arab world in terms of foreign direct investment inflows during 2016. A report issued by…
Supreme Court registrar received letters from Qatari prince, BVI after JIT dissolved
The Supreme Court Registrar has received letters from Qatari Prince Hammad bin Jasim and British Virgin Island sent to the…
Addressing money laundering and terrorist financing risks
Many countries, including Jordan, have taken holistic measures to address money laundering and terrorist financing risks. Besides a multitude…
Valuing the heritage of Saudi Arabia
How difficult would it be to ascertain the value of art, inscribed on stones that span 10,000 years of history?…
Winston & Strawn boosts Dubai team
Winston & Strawn has announced the addition of Ben Bruton as partner and Nick Sharatt as of counsel to the…
Kuwait Finance House studying merger with Ahli United Bank
Kuwait Finance House is looking to merge with Bahrain'sAhli United Bank, Kuwait's biggest Islamic lender said in a statement on…
Al-Ahli Bank of Kuwait reports KD 16 mln profits in first half of '17
Al-Ahli Bank of Kuwait on Monday reported 7.7 percent growth in net profits, worth KD 16.2 million (USD 52 million),…