Dubai’s private sector output expands at a fast pace in May
Spurred by a faster pick up in construction and travel and tourism industries, Dubai’s private sector business activity recorded a…
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Gulf HNWIs account for 41% of region's wealth
Since 2010, the GCC market has doubled its total private wealth from $1.1 trillion to $2.2 trillion for an overall…
Islamic Development Bank increases sukuk programme to $25 bln
The Islamic Development Bank has increased the ceiling of its Islamic bonds (sukuk) programme to $25 billion from $10 billion,…
Dubai Islamic Bank collects prestigious award
Dubai Islamic Bank, the largest Islamic bank in the UAE, announced today that it was awarded “Best Retail Risk Management…
Turkey- The quiet financial revolution begins
The Journal Of Turkish Weekly) Steadily and indisputably, the financial services industry with which we all interact, whether as borrowers,…
Qatar Financial Centre Authority appoints new CEO
The Qatar Financial Centre (QFC) Authority has announced the appointment of Yousuf Al-Jaida as Chief Executive Officer, effective from 1st…
PM, Foreign Minister Encourage Arab Bank Leaders to Invest in Hungary
Hungary is an “open and friendly” country which does not put obstacles before investments, PM Viktor Orbán said in…
DIFC announces 10-year plan, says will triple in size by 2024
Dubai International Financial Centre has announced a new strategy that will see the free zone triple its operations over the…
Bahrain residents prioritising short-term financial goals over long-term planning
The survey was conducted by The Nielsen Company, a leading global provider of information and insights into what consumers watch…
Investcorp Bank to Rebuild its Hedge Fund Business
Investcorp Bank, a Bahrain-based money manager, announced plans to reestablish its hedge fund and focus on its European real estate…
Maveric Systems Wins Award for 'Best Banking Technology Partner'
Maveric Systems has won the award in the Best Banking Technology Partner Award category at the 15th Annual Banker Middle…
Kentaro raided in probe into Brazil vs Argentina friendly in Qatar
Swiss authorities have raided the offices of Switzerland-based sports rights agency Kentaro, investigating the relationship between a 2010 Brazil vs…