U.A.E. Central Bank Foreign Assets Decline $12 Billion
The United Arab Emirates central bank’s foreign assets fell by $12 billion in January from the previous month as the…
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Dubai Government Backs Expansive Blockchain Research Effort
An innovation center established by Sheikh Mohammed bin Rashid, vice president and prime minister of the United Arab Emirates and…
Dubai's Mashreq expects wholesale ops to outgrow market in 2016
Mashreq, Dubai's third-biggest bank by assets, expects its wholesale operations to grow 25 to 30 percent above the market in…
Axis Bank strengthens Remittance offering in GCC, Plans to grow aggressively in fiscal 2016-17
Axis Bank, the third largest private sector bank in India, today announced its ambitious plans to further strengthen its Remittance…
Chinese banks play major presence in Dubai intl financial center: Official
The banks from China play major presence and stand for 25 percent of the combined balance sheets of the Middle…
DIFC adds 309 new firms in 2015
Dubai International Financial Centre or DIFC welcomed 309 new companies in 2015 up almost 28 per cent from the year…
Top 10 cars in Dubai: How insured are they?
Although car insurance is mandatory in Dubai and across the United Arab Emirates, drivers must be aware of differences in…
Turkey and UK have 'huge potential' around Islamic finance, British ambassador says
Britain's ambassador to Turkey has praised the economic ties between his country and Ankara, saying the U.K. "has a lot…
First Gulf Bank registers its 16th straight year of growth in net profits
First Gulf Bank , one of the leading banks in the United Arab Emirates, registered significant growth in 2015 by…
Bahrain opens books to raise $500 mln through a bond re-tap – leads
Bahrain has opened order books to raise $500 million through a re-opening of its two-part bond issued late last year,…
Top 6 MENA tech start-ups to watch in 2016
There is much talk about the start-up culture in the Middle East. Does the cost of set-up and red tape…
QNB First Bank in Qatar to Launch NCR Interactive Video Teller Technology
QNB, the leading Financial Institution in the Middle East and North Africa, becomes the first bank in Qatar to introduce…