A roundup of Emirates Investment Bank’s 2017 GCC Wealth Insights Report
Emirates Investment Bank today published ‘GCC Wealth Insight Report’ for 2017. The Report is now in its fourth year…
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Bahrain Middle East Bank says AN Investment to acquire 33.1 pct of bank
AN Investment confirms its firm intention to make a voluntary unconditional offer to acquire 33.1 percent of issued and paid-up…
World’s billionaire population shrinking, but not in the Middle East
For the first time since the global financial crisis, the number of billionaires across the world fell, but in the…
UAE slams continued Israeli colonisation of the West Bank
The Permanent Representative of the UAE to the United Nations, Ambassador Obaid Salem Al Za’abi has slammed ongoing Israeli colonisation…
UBF CEOs Advisory Council meeting charts the course for the UAE banking industry
The CEOs Advisory Council of the UAE Banks Federation, a professional representative body comprising 49 member banks operating in the…
New Regime for Security over Movables in the UAE
UAE Federal Law No. 20 of 2016 on Mortgages of Movables was published in the Federal Gazette on 15 December…
Muscat accountant defrauds UAE-Oman joint venture of Dh3.7m
An Indian accountant working for a construction firm in Muscat defrauded his employers of Dh3.7 million by changing the company’s…
UAE credit growth picks up pace in February led by GRE borrowing
Credit growth in the UAE strengthened to 0.5 per cent month on month in February, the fastest pace since September…
ABK wins Best Retail Bank in Kuwait award 2017
Al Ahli Bank of Kuwait recently won the prestigious Best Retail Bank in Kuwait award from The Asian Banker for…
KFH honors Al-Abdulrazzaq for earning a place in Guinness World Records
Kuwait Finance House initiator, Jet Ski world champion Yousef Al-Abdulrazzaq earned himself a place in the Guinness World Records for…
Qatar's fiscal deficit projected to shrink further
Qatar’s fiscal deficit is projected to fall to 5 percent of GDP or $8.7bn this year. The deficit is…
Three European development banks, EU launch $151 mln green economy facility in Egypt
The European Bank for Reconstruction and Development, along with Agence Française de Développement, the European Investment Bank and the European…