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Last Updated: Mon, May 2 2016 | 3:49 PM |
UAE 'can become the clean energy finance capital of the world'
Banking & Finance»

UAE 'can become the clean energy finance capital of the world'

Monday, 2 May 2016 7:49 PM

Former chief economist of the DIFC says UAE capital markets can 'own the clean energy finance space'

Bahrain's Alba cites collapse in aluminium prices as Q1 profit falls 89%
Banking & Finance»

Bahrain's Alba cites collapse in aluminium prices as Q1 profit falls 89%

Monday, 2 May 2016 6:13 PM

Aluminium Bahrain's net income for three months to March 31 totalled $11.2m

UAE money exchange firm posts 10% rise in 2015 remittances
Banking & Finance»

UAE money exchange firm posts 10% rise in 2015 remittances

Monday, 2 May 2016 1:37 PM

Wall Street Exchange says Indians, Bangladeshis, Filipinos, Pakistanis and Sri Lankans top list of nationalities using services

Bahrain needs $795m to complete stalled real estate projects
Construction»

Bahrain needs $795m to complete stalled real estate projects

Monday, 2 May 2016 1:36 PM

Real estate expert reportedly says he expects wealthy Bahrainis 'to pump money in' to projects

Ex-Masdar advisor hired as CEO of Abu Dhabi's Invest AD
Banking & Finance»

Ex-Masdar advisor hired as CEO of Abu Dhabi's Invest AD

Monday, 2 May 2016 12:50 PM

Faras al-Ramahi was previously advisor to the chairman of Abu Dhabi's green energy firm Masdar

Renewed call for Kuwait impose 5% tax on expat remittances
Politics & Economics»

Renewed call for Kuwait impose 5% tax on expat remittances

Monday, 2 May 2016 12:50 PM

Kuwaiti MP Faysal Al Kandari said the new tax could bring in up to $66.5 million annually

Zain to buy Etisalat's stake in Sudan's Canar
Technology»

Zain to buy Etisalat's stake in Sudan's Canar

Monday, 2 May 2016 11:13 AM

Zain Sudan is top Sudanese mobile operator by subscribers

Qatar fund uses more external managers to shift focus towards Asia, US
Banking & Finance»

Qatar fund uses more external managers to shift focus towards Asia, US

Monday, 2 May 2016 8:41 AM

Qatar Investment Authority's change in strategy influenced by poor performance of investments in Volkswagen and London-listed commodities trading house Glencore

Data breach was attack on QNB’s reputation, not customers, says bank
Banking & Finance»

Data breach was attack on QNB’s reputation, not customers, says bank

Sunday, 1 May 2016 4:03 PM

Doha-based bank said details released contained a mixture of information from the attack as well as personal data from social media channels

Etihad-backed Alitalia considers buying stake in Air Malta
Transport»

Etihad-backed Alitalia considers buying stake in Air Malta

Sunday, 1 May 2016 12:28 PM

CEO Cramer Ball said the airline would decide whether to invest in loss-making Air Malta if its due diligence on the airline proves successful

Middle East remittances said to exceed $120bn in 2015
Banking & Finance»

Middle East remittances said to exceed $120bn in 2015

Saturday, 30 April 2016 1:10 AM

Research by Xpress Money says remittances are rising rapidly among Arab nationals transferring money from the GCC

VW executive committee said to oppose Qatar's push for seat
Banking & Finance»

VW executive committee said to oppose Qatar's push for seat

Saturday, 30 April 2016 1:09 AM

Qatar, VW's third-largest shareholder, wants to join the committee as it gets frustrated with pace of reform

Risky business: Lloyd’s of London's John Nelson
Banking & Finance»

Risky business: Lloyd’s of London's John Nelson

Friday, 29 April 2016 1:34 AM

For more than three centuries, Lloyd’s of London has been at the forefront of minimising risk while simultaneously earning billions of dollars annually from underwriting it. Chairman John Nelson explains why the Middle East is one of the historic institution’s new frontiers

UAE retail firms face challenges amid VAT launch in 2018
Retail»

UAE retail firms face challenges amid VAT launch in 2018

Friday, 29 April 2016 1:32 AM

KPMG's tax chief in the UAE says retail sector will be particularly affected by introduction of value-added tax

Dubai's Abraaj leads $30m investment in logistics provider
Banking & Finance»

Dubai's Abraaj leads $30m investment in logistics provider

Friday, 29 April 2016 1:31 AM

Company invests in Ninja Logistics Ltd; capital to be used to roll out in new markets, including Thailand, Vietnam and the Philippines


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