BlackRock names Saudi Aramco boss to board
The world's top asset manager BlackRock has named Amin Nasser, the chief of the world's largest oil company Saudi Aramco,…
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Succession planning for Middle Eastern families – solutions that are fit for a king
This article first appeared in issue 11 of Thought Leaders 4 Private Client Magazine. In this article Angela reflects…
Commercial banks deposits reach QR954.539bn in May
Qatar’s banking sector registered growth in May as commercial banks have witnessed an increase in deposits and credit facilities on…
91% of UAE businesses consider AI crucial for future growth: survey
While the UAE continues to position itself as a global hub for artificial intelligence (AI), a new study shows that…
Dubai ranks as top global market for luxury real estate sales in Q1 2023
Dubai’s real estate sector recorded AED 13.7 billion in transactions in one week Unique Properties, one of Dubai’s leading real…
Dubai South introduces new employee protection insurance programme
Dubai Aviation City Corporation through its affiliated corporation Dubai South, the largest single-urban master development focusing on aviation, logistics and…
Ajman Bank appoints Mustafa Mohammed Saeed Al Khalfawi as CEO
Ajman Bank has announced the appointment of Mustafa Mohammed Saeed Al Khalfawi as the new Chief Executive Officer, who will…
Oman Arab Bank appointed as lead arranger in $1.2bln syndicated loan for OQ Gas network
Oman Arab Bank has been appointed as one of the lead arrangers for a USD 1.2B syndicated loan for OQ…
Gulf economies are open to doing business with all
Following the Gulf-US meeting, there were the meetings between the Gulf states and China as well as another with Russia.…
For UAE corporate tax for free-zone companies, what constitutes ‘adequate substance’?
Discussions on the 0 per cent tax rate for free zone companies has focused on qualifying income (QI), qualifying activities…
How GCC wealth funds are fuelling growth and prosperity
The region’s sovereign investors are broadening their investments in various sectors including healthcare, technology, private equity and hedge funds as…
Saudi Arabia and Turkey sign agreements on energy, defence and other fields
Saudi Arabia and Turkey signed a number of memorandums of understanding in many fields including energy, direct investments and defence,…