Canadian financial giant aims to build Middle East business
Canadian financial services group Canaccord Genuity's aims to double the contributions to its investment banking business from the Middle East…
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Maldives denies sale of islands to Saudi
The Maldives government on Wednesday denied it was selling a cluster of small islands to Saudi Arabia, following opposition protests…
Hyperloop firm said to be in talks with GCC wealth funds
Futuristic transport firm Hyperloop Technologies Inc has reportedly said it is in talks with sovereign wealth funds in the Gulf.…
ADGM takes fintech ambitions further with Singapore deal
Abu Dhabi Global Market has signed a deal with Singapore to develop financial technology (fintech) services in the capital’s financial…
Egypt to invest billions in rail infrastructure
Egypt’s minister of transport has said the country is targeting up to €14.4billion Dh55.85bn worth of investment in new rail…
Mashreq Qatar launches unique offers for premium segment customers
Mashreq Qatar has announced “unique offers” for its premium segment Mashreq Gold customers. The service is designed to attract…
Gulf Bank concludes Annual General Meeting
Gulf Bank concluded its Annual General Meeting at the Jumeriah Messilah Hotel Kuwait yesterday. Shareholders approved the Bank’s audited…
Number of UAE billionaires on the rise
The UAE is now one of the billionaire capitals of the world, according to a new research. The Hurun…
Dubai outperforms in mostly quiet market; Bank Doha extends slide
Dubai's stock market was the top performer and Qatar's Bank Doha extended falls in an otherwise mostly quiet Gulf region…
Oman’s Bank Muscat signs $525 million loan
Bank Muscat, Oman’s largest bank by assets, has signed to obtain a $525 million syndicated loan, banking sources said. …
Gulf Bank records a profit of KD 43 million
Gulf Bank concluded its Annual General Meeting at the Jumeriah Messilah Hotel Kuwait yesterday. Shareholders approved the Bank’s audited…
Is Kuwait Prone to Become a Financial Centre?
The history of Kuwait’s economy has been one intimately intertwined with oil. Once a regional entrepot for pearl diving…