Emirates NBD Egypt PMI
The downturn in Egypt's non-oil private sector was sustained in February, with business conditions worsening for the fifth month in…
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Iran to Get Luxury Hotel Along Caspian Sea as Tourism Thaws
Iran, where beaches are segregated by gender and alcohol is banned, is getting its first foreign-branded seaside hotel, complete with…
Barclays Bank plans to leave Egypt
Barclays Bank announced on Wednesday its intention to pull out of Egypt as part of a wider Africa exit plan…
'Doom and gloom' creeps into UAE recruitment market
The UAE's oil and gas recruitment market is set to have its most difficult year for more than a decade…
Revealed: The World's Richest Arabs 2016 – Banking and finance
Now aged 60, the career of Saudi Arabia’s most famous businessman, Prince Alwaleed Bin Talal Al Saud, has been built…
MENA sovereigns forecast to borrow $134bn in 2016
Standard & Poor's Ratings Services projects that the 13 Middle East and Northern African (MENA) sovereigns that it rates will…
Mawarid Finance to float tech units after private stake sale – sources
Dubai-based Mawarid Finance has mandated HSBC, ADS Securities and Mena Corp to sell a stake to private investors and subsequently…
Rawabi Vallianz Offshore Services issues its first Shariah-compliant sukuk
Rawabi Vallianz Offshore Services, a joint venture between Saudi Arabia-based Rawabi Holding and Vallianz Holdings Limited, recently issued its first…
Record wealth created in UAE: 12 tycoons among world's billionaires
Twelve UAE residents have made it to the Forbes' 2016 Billionaires List, with a combined net worth of a whopping…
Cisco Believes Businesses in Middle East Must Go Digital to Stay Ahead
Digital disruption means getting to business outcomes faster. Cisco can help customers transform their businesses and thrive in this…
Guidance Investments attracts GCC investors by offering stable returns in high growth Asean markets
GCC Investors are eyeing stable yields from funds according to Guidance Investments, the investment management and capital markets arm of…
Five of ABG's units win Islamic Finance News Awards for 2015
The Bahrain based leading Islamic banking group Al Baraka Banking Group B.S.C. (ABG) announced that five of its units won…