Taking blockchain to the next level
Held in the Burj Al Arab on 6 March 2017, the Keynote Events 2017 World Blockchain Forum brought together key…
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Norwegian sovereign wealth fund invests $1B in Turkey in 2016
Norway's state sovereign wealth fund, which is the world's largest asset fund at approximately $900 billion, invested around $1 billion…
New UK property taxes threaten to take a toll on investors in the UAE
Sweeping UK property tax changes being introduced next month could leave UAE investors out of pocket. From April 6,…
Oman confronts its issues head on
Omani authorities are sparing no efforts to address the challenges associated with meeting public finance requirements. Where possible, officials…
Fintech Business, Beehive, is the First Peer to Peer Lending Platform to Receive DFSA Regulation
Beehive has become the first peer to peer lending platform to set up offices in the Dubai International Financial Centre…
Legislator tracks ‘suspect’ deposits
MP Riyadh Al- Adsani has published contents of the multimillion deposits case, stressing the need for the government to explain…
Societe Generale arranges $227m financing for Oman Shipping Company
Oman Shipping Company, which is owned by the Oman government, successfully raised $227 million to finance its purchase of 10…
March 5, 2007: Abu Dhabi sets up new Islamic bank
Al Hilal Bank, a new Islamic bank, is being set up by the Abu Dhabi government with authorised capital of…
EFG Bank Monaco crowned Sailing Arabia – The Tour champions
French sailing star Thierry Douillard led his EFG Bank Monaco team to their fourth consecutive EFG Sailing Arabia – The…
Qatar tells banks to obey new FX limits by April 1
Qatar’s central bank told commercial banks that they would have to obey new restrictions on their open positions in foreign…
Saudi insurance firms are ready for consolidation
The Saudi Arabian insurance market is likely to experience consolidation this year as lacklustre industry growth on account of a…
Dubai SME and RAKBANK sign MoU to facilitate SME financing
Dubai SME, the agency of the Department of Economic Development, DED, in Dubai, has signed a Memorandum of Understanding, MoU,…