UAE Central Bank lowers interest rates following US Federal Reserve move
The UAE Central Bank reduced its benchmark interest rate by 25 basis points, after the US Federal Reserve’s move on…
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Record Emerald Hills sale brings AED 40mln profit for investor
The record AED120 million sale of a luxury villa in Dubai’s Emerald Hills community highlights an investment strategy delivering exceptional…
Egypt parliament approves $2bn loan from regional banks
Egypt’s Parliament yesterday approved President Abdel Fattah Al-Sisi’s request for a $2 billion commercial loan from a consortium of regional…
Bahrain's central bank cuts overnight deposit rate by 25 bps, statement says
The Central Bank of Bahrain on Wednesday cut its overnight deposit rate by 25 basis points to 5% from 5.25%,…
Kuwait’s Burgan Bank to take over United Gulf in 2025
Burgan Bank, a subsidiary of KIPCO Group, is expected to complete the acquisition of Bahrain-based United Gulf Bank in the…
Al Salam Bank announces platinum sponsorship of CPISP
The Advisor for Political and Economic Affairs at the Court of the Crown Prince, and Board Member and Head of…
Arab co-operation in energy sector discussed
Kuwait Prime Minister Shaikh Ahmed Abdullah Al Ahmed Al Sabah received Oil and Environment Minister and Special Envoy for Climate…
Mashreq: how to manage wealth through geopolitical uncertainty
It has a turbulent time for the world over 2024 and this has greatly affected markets and wealth management. How…
The rise of family-owned business in the Middle East
The Middle East is experiencing remarkable growth, exemplified by the increasing confidence of wealthy families in the region. According to…
Invesco releases 2025 Investment Outlook “After the Landing”
Downside scenario. Risk of a policy mistake that causes global growth to undershoot but central banks may enact more rate…
NBK advises customers to ensure updating civil ID and personal documents through official websites
The bank focused on not disclosing any sensitive or personal information to any person or entity through SMS or calls…
Tokinvest appoints Mike Mingee as chief compliance officer
Tokinvest, a leader in real-world asset tokenisation, is pleased to announce the appointment of Mike Mingee as Chief Compliance Officer…