Egypt: Majority of banking assets held by five banks
Five banks acquired 59.6% of the total assets’ size of the Egyptian banking sector, in which 40 banks operate, according…
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Saudi Arabia Forges Ahead With Government Shake-Up
Saudi Arabia forged ahead a far-reaching government shake-up this weekend, adding to a barrage of proposals aimed at overhauling the…
Egyptians’ remittances retreat by $1 billion
Egyptian Central Bank’s Governor Tareq Amer recently told Kuwaiti officials that remittances of Egyptians working in Kuwait retreated by $1…
Commercial Bank Hosts Treasurers and CFOs
Commercial Bank hosted a breakfast forum for treasurers and chief financial officers of government and semi-government companies at the Commercial…
Qatar SWF, Access To Global Debt Markets Cushion Energy Demand Drop: BMI
Qatar’s $256bn sovereign wealth fund as well as the country’s continuing ability to tap international debt markets provide the economy…
Investec Finances Four Emirates A380s in $1 Billion Jet Deal
Investec Bank’s aviation arm made its first foray into financing the Airbus Group SE A380 superjumbo with a deal to…
Credit Growth Expected To Slow
For the June quarter, respondents to a UAE Central Bank survey expect marginal tightening in credit standards, while the appetite…
Shaping The Future Of Fiduciary Services In The Middle East
At an exclusive roundtable discussion hosted by Amicorp Group in Dubai, banking and professional services experts from some leading wealth…
Dubai: Damac's Q1 2016 net profit slumps 15%
Dubai-based luxury real estate developer Damac Properties reported a drop in its net profits for the first quarter of 2016.…
What's Driving the Middle East Bond Market?
Abdul Kadir Hussein, chief executive officer at Hashreq Capital DIFC, discusses Middle East bonds, the spreads in the market and…
Investors being offered Malta citizenship
AllDetails Middle East, an award-winning communications agency based in Dubai, has announced a partnership with Malta-based WDM International to promote…
For the Gulf’s ultra-wealthy, time to change course
As Gulf economies slow down due to declining oil prices, an important question presents itself: Where is the money going? …