Innovation key to diversifying Qatar economy: QDB executive
As falling oil prices continue to impact global economies, innovative non-hydrocarbon businesses play a significant role in diversifying Qatar's economy,…
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DIFC wants to double number of Indian banks it hosts
Dubai’s financial hub is in talks to double the number of Indian banks in the free zone as wealth managers…
Bahrain leads MEA region in FDI strategy
Bahrain has ranked first for its foreign direct investment strategy in the Middle East and Africa region, according to a…
S&P reaffirms IDB ‘AAA’ rating
Standard & Poor’s, one of the world’s leading credit rating agencies, reaffirmed the Islamic Development Bank’s ‘AAA’ credit rating with…
St James’s Place boosts number of advisers in Asia and eyes UAE
There are now 70 partners and advisers in Hong Kong, Singapore and Shanghai, up from 51 at the start of…
Fitch revises outlook on four Saudi banks to Negative from Stable
Fitch Ratings has revised the Outlooks on Al Rajhi Bank ( ARB ), National Commercial Bank ( NCB ), Riyad…
Israel and the OECD good amnesty guide
We now live in a brave new age of greater information exchange between banks and tax authorities around the world,…
Peer-to-peer lender Beehive gets Sharia accreditation
Beehive, the Dubai-based peer-to-peer lending marketplace, has been accredited as Sharia-compliant. The company which was formed by Craig Moore,…
UAE year-end bonus: What's your chance of cashing in?
Employees in the UAE are contemplating whether they are in line for a year-end bonus or not? According to…
Bank ABC and HSBC close $106 million syndicated loan for Yapı Kredi Leasing
The two-year syndicated loan will be used by Yapi Kredi Leasing for general corporate and financing purposes. Bank ABC is…
Islamic Finance is an Ideal tool of Financial Inclusion
Poverty problems can be resolved effectively through Islamic Microfinance: Zubair Mughal Islamic Finance is an Ideal tool of financial…
Gulf Finance: Softer quarterly growth and sales outlook for UAE SME sector
71 per cent of respondents interviewed during the second quarter (Q1: 84 per cent) confirmed total orders received increased or…