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Last Updated: Sun, Jul 24 2016 | 2:51 PM |
Gulf retreats as oil's fall outweighs Q2 earnings
Markets»

Gulf retreats as oil's fall outweighs Q2 earnings

Sunday, 24 July 2016 6:51 PM

Riyadh's stock index fell 1.2 percent as losses accelerated in the final hour of trade, with 80% of traded stocks declining

GCC banking sector has entered 'protracted period of contraction' - BMI Research
Banking & Finance»

GCC banking sector has entered 'protracted period of contraction' - BMI Research

Sunday, 24 July 2016 6:18 PM

BMI research forecasts asset growth to slow to 6% year-on-year until 2020

UAE to exempt some SMEs from need for bank guarantees
Banking & Finance»

UAE to exempt some SMEs from need for bank guarantees

Sunday, 24 July 2016 9:07 AM

Move for firms with Emirati owner or director is latest step to support sector

1
Abu Dhabi's economy said to be worth $53.4bn at end-2015
Politics & Economics»

Abu Dhabi's economy said to be worth $53.4bn at end-2015

Friday, 22 July 2016 10:12 AM

New official estimates say GDP grew by more than 7% with non-oil economy boosting performance

IMF urges UAE to prioritise bankruptcy law to help SMEs
Politics & Economics»

IMF urges UAE to prioritise bankruptcy law to help SMEs

Friday, 22 July 2016 12:13 AM

Persistently lower oil prices continue to weigh on the UAE's economic sentiment and fiscal positions, says International Monetary Fund

ADIA eyes China, India for fresh long-term prospects
Banking & Finance»

ADIA eyes China, India for fresh long-term prospects

Thursday, 21 July 2016 11:05 AM

Emerging markets offer “interesting opportunities to invest” despite sluggish global growth

US sues to seize $1 billion in assets tied to Malaysian state fund
Banking & Finance»

US sues to seize $1 billion in assets tied to Malaysian state fund

Thursday, 21 July 2016 9:51 AM

Singapore says has also seized assets worth $176m in 1MDB-related probe

New fintech start-ups 'game changers' for SME financing – report
Technology»

New fintech start-ups 'game changers' for SME financing – report

Wednesday, 20 July 2016 4:38 PM

A report by Al Masah Capital Management reveals that new fintech players are improving access to finance for SMEs.

Dubai's Mashreq posts 16.1% slump in Q2 net profit
Banking & Finance»

Dubai's Mashreq posts 16.1% slump in Q2 net profit

Wednesday, 20 July 2016 3:55 PM

Impairments for bad debt more than doubled and fee and commission income edged lower, says bank

Dubai stock exchange director 'found guilty of embezzlement'
Markets»

Dubai stock exchange director 'found guilty of embezzlement'

Wednesday, 20 July 2016 11:53 AM

Defendant forged receipts of investors’ profits, receives suspended jail sentence

Abu Dhabi fund ADIA to remain long-term investor, says Sheikh Hamed
Banking & Finance»

Abu Dhabi fund ADIA to remain long-term investor, says Sheikh Hamed

Wednesday, 20 July 2016 10:35 AM

ADIA invests across more than two dozen asset classes globally, estimated at $792 billion

DIFC Courts to launch GCC's first 'virtual court'
Banking & Finance»

DIFC Courts to launch GCC's first 'virtual court'

Wednesday, 20 July 2016 9:20 AM

Part of Small Claims Tribunal will be a ‘smart’ court to facilitate remote hearings

Emirates NBD Egypt will not suspend card use abroad - exec
Banking & Finance»

Emirates NBD Egypt will not suspend card use abroad - exec

Wednesday, 20 July 2016 9:04 AM

Central bank said credit and debit cards should not be used outside Egypt as country is facing shortage of foreign currency

Emirates NBD said to bid for Barclays' Egyptian unit
Banking & Finance»

Emirates NBD said to bid for Barclays' Egyptian unit

Tuesday, 19 July 2016 6:49 PM

Sources say Dubai's biggest bank is one of two expressing interest in the business

Real estate investors spend $30.7bn on Dubai property in H1
Property»

Real estate investors spend $30.7bn on Dubai property in H1

Tuesday, 19 July 2016 1:57 PM

Figure represents a 16% drop from the first six months of 2015 as prices fall during the past 18 months


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Qatar's $42.5bn UK investments will hopefully rise, says PM Cameron

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