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Plans announced to launch first new bank in Abu Dhabi Global Market with initial capital of $100m
GFH Financial Group also says it plans to acquire a financial services company to increase shareholder value
Telco says negotiations had been for it to buy as much as 100% of GO but did not provide further details
Statistics office says April figure of 3.8% is highest level for 29 months
SWF ties up with US developer to buy office buildings in Phoenix and Dallas
SWF cites impairment losses for decline, also reports better performance from Gulf Air
Bank posts $6.1m in profits, expects “strong year” in 2016
Gulf state steps up borrowing as Moody’s cuts sovereign debt rating by one notch
Lender has been exploring North African market since 2013
Aluminium Bahrain's net income for three months to March 31 totalled $11.2m
Real estate expert reportedly says he expects wealthy Bahrainis 'to pump money in' to projects
Company says it has agreed to sell US-based CSIdentity to global info services company Experian
Investment comprises nine freehold plots of land in Al Quoz Industrial Area covering about 630,000 sq ft
With oil prices still faltering around their lowest level in 11 years, many GCC governments are drawing down assets from their once swelling sovereign wealth funds to plug budget deficits. Yet this is having a knock-on impact on global markets
Official figures show growth represented increase from 2.4% in previous quarter
Behind the husband-and-wife team's bid to promote better services for UAE residents
The founder of Saudi’s Glowork has launched a mobile app to boost female labour-force participation...
Underwater tennis stadiums, Bill Gates and tax issues also proved popular
Nezar Kadhem co-founded Eat in Manama in 2014 to offer restaurateurs and hoteliers across the...
Our Entrepreneurs of the Week – Leyla Lahsini and Shirin Benamadi of Kenzibox – have found...
Event recognised 12 winners from across the length and breadth of Saudi industry
The success of our latest Entrepreneur of the Week - Noor Faisal Al-Qatami - makes her a business...
Mohammad Bin Rashid Al Maktoum Global Initiatives is an umbrella body which will also focus...
Do such reports reach banks who are very aggressive with small and helpless employees.. they don't care about the disaster around and continue sucking... more
I agree with Heinrich. The UAE is a model to be emulated in the region. It enjoys a diversified economy and has managed to "sidestep the worst of the collapse... more
This is a world wide crisis, and I am glad someone is addressing it in the ME. It is time that we admit that we are in advanced stages of global warming... more
It's not just Qatar that bans South Asian labourers, Dubai also practises such policies.
JBR beach is a vivid current example of this sad behaviour... more
Still in better financial shape than your country, last I checked UK GDP to debt ratio stood at 90%. Saudi debt is in the single digits, among the lowest... more
I'm sure backpackers globally will be devastated! Of course not, what tourism can they offer, for this airline it is a transit country only! How this country... more