UAE residents want health expenses covered, HSBC report says
A majority of UAE residents want their employer or the government to pay for their healthcare expenses, according to a…
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Dubai private sector rebounds in March
DUBAI Driven by an upswing in three key sectors, Dubai's private sector recorded a solid rebound in business conditions in…
Qatar Bank Liquidity Slumps in February After Deposits Decline
Qatar bank liquidity tightened in February as customer deposits declined and lending rose in the world’s biggest exporter of liquefied…
Volante Technologies and Turkish banking and payments experts Payfessional announce partnership
Volante Technologies has announced the signing of a partnership agreement with Payfessional. The partnership will see Volante’s VolPay suite…
Saudi Binladin Group taps Morgan Stanley banker
Saudi Binladin Group has tapped a veteran Morgan Stanley banker as its new chief financial officer as the construction conglomerate…
Dubai Group mulling Shuaa Capital stake sale – report
Dubai Group, a subsidiary of Dubai Holding, is considering the sale of its 49 percent stake in Shuaa Capital, according…
M.Stanley hires Alangari as Saudi investment banking head
Morgan Stanley has appointed Motaz Alangari as its head of investment banking for Saudi Arabia, according to an internal memo…
Islamic insurance sector holds untapped potential: report
The takaful — Islamic insurance — sector has seen double digit growth, but remains underdeveloped compared to the Islamic finance…
Dubai can benefit from Sharia standard for gold
As the international market development organisation for the gold industry, we are committed to ensuring consumers and institutions can benefit…
Dubai Group Said to Appoint Emirates NBD for Shuaa Stake Sale
Dubai Group LLC, an investment company owned by the sheikhdom’s ruler, hired Emirates NBD PJSC to help find a buyer…
Saudi Arabia Is About To Adopt International Accounting Standards And It Could Cause Problems
The often opaque world of Saudi business is about to open up a little more, with the country set to…
Gulf states to borrow billions to plug budget deficits: Report
The oil-rich Gulf states are expected to borrow between $285bn and $390bn through to 2020 to finance budget deficits resulting…