Barclays banker in Qatar deal sues over pay
Richard Boath, who is still working at Barclays as its chairman of financial institutions in Europe, Middle East and Africa…
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Qatar's Katara inks deal to buy top Rome hotel for $251m
Starwood Hotels & Resorts Worldwide on Wednesday announced that it has agreed to sell The Westin Excelsior Rome to Qatar's…
QINVEST Denies Sale of Panmure Gordon Stake
Qatar Islamic Bank announced in response to an article published in Al – Watan newspaper in Qatar, which quoted a…
EQS Group partners with Iridium to expand Middle East corporate communications services
EQS Group AG, the German digital corporate communications firm, has announced that it will be expanding into the Middle East…
UAE at top position for job postings
The UAE has claimed the leading position for job posting in the Middle East, the August 2015 Monster Employment Index…
HSBC Middle East to move head office to Dubai from Jersey
HSBC Holdings' Middle East business is to move its head office from Jersey to Dubai's financial free zone next year,…
Net interest income, lower provisions boost GCC banks' profits
Net earnings of GCC banks increased 8.8 per cent year-on-year to $5.8 billion Dh21.286 billion in Q2 2015, mostly due…
Ernst & Young Sees Global Revenues Jump 11.6%
Ernst & Young reported that its global revenues for the fiscal year ended June 30, 2015 rose to $27.8 billion,…
Middle East Outbound Global Property Investment at Historic High in 2015
According to CBRE, during the first half of 2015, $11.5 billion of capital flowed out of the Middle East into…
GIB wins Fastest Growing Asset Management Bank award
Gulf International Bank has won the Fastest Growing Asset Management Bank, Saudi Arabia” award from the international business magazine, Global…
UAE Affirms Commitment to Dollar Peg
The central bank Governor says it “maintains a firm commitment to the peg” The United Arab Emirates has no…
Gulf investor sentiment toward Kingdom jumps
Gulf investors are increasingly planning to invest in Saudi Arabia on the back of confidence in its long-term economic performance…