UAE c.bank halts foreign banks waivers on state-linked lending – sources
The United Arab Emirates (UAE) central bank has removed waivers given to foreign banks allowing them to use their group's…
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Saod Obaidalla promoted to global Head of Private Banking at Emirates NBD
Emirates NBD, a leading bank in the region, has announced the promotion of Saod Obaidalla to Executive Vice President, Head…
Fitch: New Egyptian Bank Rules Could Weaken Asset Quality
Regulations to boost SME lending, issued by the Central Bank of Egypt earlier this month, could weaken the quality of…
International law firm cements Middle East presence with launch of three new Associations
International law firm Holman Fenwick Willan has announced the expansion of its specialist Middle East legal offering with the launch…
QInvest Reports Record Year
QInvest has announces another year of robust growth recording its highest revenue since inception of QAR 393 million (US$ 108…
How Iranians could rescue London's luxury property market
The end of economic sanctions on Iran could spell a new opportunity for the UK property market. The lifting…
GCC speeds up fiscal reform as growth slows
Gulf Arab states will require more than USD 250 billion over the next two years to plug budget deficits. …
‘Dubai will weather the storm,’ says CEO of $183bn sovereign wealth fund
Global economic uncertainty and low oil prices will have little lasting impact on Dubai, according to the CEO of the…
Iran's financial regulator plans mortgage-backed securities market
Iran's capital market regulator wants to develop a market for mortgage-backed securities (MBS) and has published rules covering them, the…
Saudi's Riyad Bank Q4 profit falls 19.7 pct, in line with estimates
Riyad Bank, Saudi Arabia’s fourth-largest lender by assets, posted a 19.7 percent fall in fourth-quarter net profit on Tuesday, in…
Deutsche Bank expands research team in Dubai
Deutsche Bank has announced the expansion of its equity research operation in the Dubai International Financial Centre as three equity…
Revealed: The World's 50 Richest Arabs 2016
It hasn’t been the best of years for the world’s wealthiest people, and that has certainly had its effect on…