Hunting for Israel’s next Waze, investors start new $100 million fund
A new $100 million slush fund for startup investments will make it a priority to locate the next big Israeli…
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Sunil Vaswani tops Indian Rich List for second year running
Sunil Vaswani is once again the Gulf’s richest Indian with a net worth of $7.1 billion, according to the sixth…
UAE federal bonds issue to bolster country’s banks, says Arqaam Capital
The UAE’s forthcoming federal bond issue is good news for the country’s banks, which have endured falling deposits as government-related…
Saudi Arabia looks to ease tightening liquidity in banking system
Seeking to ease tightening liquidity in the banking system, Saudi Arabia's central bank has raised the ratio of deposits which…
Kuwait's KIPCO says Q4 net profit rises by 10.7%
Kuwait Projects Co (KIPCO), the Gulf state's largest investment company, reported a 10.7 percent rise in fourth-quarter net profit on…
UAE banks to use Emirates ID cards to access credit history
Lenders will be able to check borrowers’ credit history via their Emirates ID cards, it has been revealed. National…
Adnic latest UAE insurer to report losses
UAE insurers are still feeling the pinch from too much competition despite consolidation and the departure of some major players.…
UAE reaffirms ties with China and India
The UAE is turning its attention to India and China as it looks to boost its investment and trade relations…
Emirates NBD stakeholders meeting approves 40% dividend
Emirates NBD held its ninth Annual General Meeting on Monday. At the AGM, Emirates NBD Chairman, Shaikh Ahmad Bin Saeed…
Dentons: growing DCM opportunities in Oman
In the opening keynote, H.E. Hamood Sangour Al-Zadjali, Executive President of Central Bank of Oman, discussed the government's participation in…
Faisal Islamic Bank's volume of business surges 7.4% in January
Faisal Islamic Bank of Egypt's volume of business has increased by 7.4 percent to register EGP 56.141 billion(US$7billion) at the…
International law firm expands projects capability with Partner hire
International law firm Holman Fenwick Willan has announced that Hugues de La Forge has joined its Paris office as a…