Qatar becomes one of the city's biggest commercial owners
A tiny Middle Eastern country has become a big player in New York real estate. Qatar Investment Authority is now…
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Blockchain gains momentum in the Middle East
Blockchain is gathering momentum in the Middle East, as banks and government agencies in the region overcome their initial suspicions…
GCC Bank M&A Surge Unlikely, Despite Market Conditions
A surge in mergers and acquisitions among banks in Gulf Cooperation Council countries is unlikely due to structural impediments, despite…
An open season for merger deals in the Middle East
The prevailing macroeconomic environment will always impact upon deal activity. However, the impact upon M&A activity versus IPO activity can…
New Deloitte report on banking regulations in UAE
Deloitte, a leading provides audit, tax, consulting, and financial advisory services, has launched its inaugural Regulatory Barometer that reveals the…
An open season for merger deals in the Middle East
The prevailing macroeconomic environment will always impact upon deal activity. However, the impact upon M&A activity versus IPO activity can…
Sico Q1 net profit soars to $3.34 million
Bahrain-based Securities & investment Company (Sico), a leading conventional wholesale bank, has posted a net profit of BD1.32 million ($3.34…
Asia, Middle East SWFs favour real estate
More sovereign wealth funds are investing in real estate while Asia and Middle East-based funds represent the largest proportion of…
UAE's Mashreq expects profit growth of around 5 percent in 2017
Mashreq Bank , Dubai's third-biggest lender by assets, expects net profit growth of around 5 percent in 2017, towards the…
Dubai’s Mashreq to launch new digital bank, CEO says more UAE bank mergers likely
Dubai bank Mashreq will be launching a new digital bank this year, its CEO Abdul Aziz Al Ghurair confirmed on…
QNB Group inaugurates its Riyadh branch
QNB Group, the largest financial institution in the Middle East and Africa, has inaugurated its branch in Riyadh. Senior…
World Bank Supports Yemen with $816 Mn
The World Bank has committed $816 million to support emergency projects in Yemen, according to a senior Yemeni official. …