Saudi central bank's foreign assets edge down in August
Net foreign assets at Saudi Arabia's central bank fell to $554 billion in August, down by about $1 billion from…
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Revealed: Biggest bank in GCC
Many banks in the region introduce themselves as the biggest lender in terms of assets, loans, deposits, financial strength and…
GCC insurance sector reaches $24b
The GCC insurance industry has more than tripled between 2006 and 2015, with insurance premiums increasing to $24 billion as…
Mobile Fraud
Imagine sitting at your humble desk, worrying about your daily needs, expenses and school fees. Suddenly you receive a…
Credit Suisse Plans Middle East Growth as Millionaires Rise
Credit Suisse Group AG expects the Middle East to account for a significant part of its growth in private banking…
Saudi Arabia calls on US to 'correct' 9/11 legislation
Saudi Arabia called on the United States to “correct” the bill that allows 9/11 victims’ families to sue Saudi Arabia…
Qatar's banking sector shows resilience
The country’s banks accounted for almost half of the QR22bn in net profits generated by the companies listed on the…
Eureeca Opens European Hub in Amsterdam
Dubai based Eureeca, a global investment crowdfunding platform, has officially opened its European hub with an office in the Netherlands.…
Douglas Emmett And QIA Acquire Santa Monica Office Building
Douglas Emmett, Inc., a real estate investment trust, announced the acquisition of 233 Wilshire Boulevard, a 129,000 square foot Class…
Ride-hailing company Careem says profitability in sight
Ride hailing service Careem is targeting profitability next year or in 2018 and is in talks with potential investors about…
FDI is about cultural exchange, sharing of knowledge, Sultan says
His Highness Dr Shaikh Sultan Bin Mohammad Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, opened the…
City hoping for deal news from WS Atkins
The City is hoping for contract news when civil engineering consultant WS Atkins PLC updates the market on Thursday. …