Saudi to boost the capital of its Industrial Development Fund
Saudi Arabia plans to boost the capital of the Saudi Industrial Development Fund by SAR6bn, $1.6bn to help finance the…
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'It’s simply easier and more cost effective to do business here
At a time when most of the world’s financial services sectors have been shrinking, Bahrain’s have remained resilient. Not…
Bahrain Aims To Become Regional Fintech Hub To Boost Its Financial Services Sector
Bahrain is to try and inject some much needed momentum into its financial services industry which is increasingly overshadowed by…
GCC growth may tighten further while US is in rate-hike mode
Rising interest rates threaten to significantly dampen economic growth next year across the Arabian Gulf region, economists warn. The…
NBAD closes syndication of $2b loan
The National Bank of Abu Dhabi, NBAD, has successfully closed the syndication of its $2 billion (Dh7.34 billion) club loan…
Three Gulf central banks hike rates to avert currency pressure after Fed move
Saudi Arabia, Kuwait and Bahrain raised interest rates within minutes of the U.S. Federal Reserve's decision to do so on…
Situationer: Pakistanis quiver as UAE demands tax information
Last week account holders in a major UAE bank began receiving letters alerting them that soon they will be required…
Leila Hoteit, Partner and Managing Director at The Boston Consulting Group Middle East, is honored as businesswoman of the year at Arab Woman Awards UAE 2016
Leila Hoteit, Partner and Managing Director at The Boston Consulting Group was honoured as the Businesswoman of the Year at…
80% losses guaranteed! By Melanie Newman
An investment opportunity where you stand an 80% chance of losing everything you put in? Where losing your life savings…
More than 100 delegates gather in Jeddah for Deutsche Bank's global and regional Iinvestment perspectives 2017 conference
Deutsche Bank’s 2017 Market Outlook conference, titled “Global and Regional Investment Perspectives 2017”, the third event of its kind for…
New Dubai projects boost realty outlook
Dh3b Mirdif Hills project launches by Dubai Investments A spate of new Dubai property project launches in the recent weeks…
Kuwait central bank raises policy rate by 25 bps
Kuwait's central bank said on Wednesday that it was raising its discount rate by a quarter of a percentage point…