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Last Updated: Sat, Jun 25 2016 | 1:54 PM |
The case for consolidation in the UAE's banking sector
Banking & Finance»

The case for consolidation in the UAE's banking sector

Saturday, 25 June 2016 12:36 AM

If two of the UAE’s largest banks can see the benefits in merging, why are the smaller institutions so reluctant, asks Courtney Trenwith

Why banking in the Gulf will never be the same again
Banking & Finance»

Why banking in the Gulf will never be the same again

Saturday, 25 June 2016 12:36 AM

New technologies are emerging in banking and finance at a rapid pace, as fintech, and blockchain in particular, revolutionise payments. The impact is expected to affect almost every industry in the GCC

Dubai sees 'impressive demand' for health insurance ahead of deadline
Healthcare»

Dubai sees 'impressive demand' for health insurance ahead of deadline

Saturday, 25 June 2016 12:31 AM

Dubai Health Authority embarks on insurance roadshows before and after June 30 deadline

Saudi GDP growth forecast to hit 14-year low in 2016
Politics & Economics»

Saudi GDP growth forecast to hit 14-year low in 2016

Friday, 24 June 2016 10:08 AM

New report says growth in Gulf kingdom is expected to rise by just 0.8% this year, the weakest level since 2002

Clouds over Britain's financial sector after Brexit vote
Politics & Economics»

Clouds over Britain's financial sector after Brexit vote

Friday, 24 June 2016 9:02 AM

Major investment banks have already warned they could move thousands of jobs elsewhere if Britain opts out of the EU

Britain votes to leave EU, PM Cameron resigns
Politics & Economics»

Britain votes to leave EU, PM Cameron resigns

Friday, 24 June 2016 9:01 AM

Global financial markets plunge as results from a referendum showed a near 52-48 percent split for leaving a bloc it joined more than 40 years ago

Moody's upgrades Dubai's Emaar over 'financial strength'
Construction»

Moody's upgrades Dubai's Emaar over 'financial strength'

Friday, 24 June 2016 12:25 AM

Emaar chairman says upgrade recognises 'significant growth' in property sales in Dubai and overseas

Dubai's biggest bank said to sign upsized $1.7bn loan
Banking & Finance»

Dubai's biggest bank said to sign upsized $1.7bn loan

Thursday, 23 June 2016 3:39 PM

Gulf banks are keen to raise funds as liquidity comes under pressure from lower oil prices

Banking & Finance»

Video: Musk sees $1 trillion Tesla

Thursday, 23 June 2016 1:44 PM

Elon Musk says acquisition of SolarCity could eventually push Tesla's valuation to $1 trillion, but investors are skeptical

UAE's Waha Land inks $115m financing deal for industrial expansion
Banking & Finance»

UAE's Waha Land inks $115m financing deal for industrial expansion

Thursday, 23 June 2016 1:42 PM

Subsidiary of Abu Dhabi's Waha Capital to use funding for further development of Almarkaz light industrial project

Qatar First Bank, Novus Aviation in tie-up to buy 737s
Transport»

Qatar First Bank, Novus Aviation in tie-up to buy 737s

Thursday, 23 June 2016 1:41 PM

Two Next Generation Boeing planes to be leased to Indonesia’s Lion Air, companies say

Kuwait's Agility in talks on investment in Kharafi National
Banking & Finance»

Kuwait's Agility in talks on investment in Kharafi National

Thursday, 23 June 2016 1:41 PM

Gulf's largest logistics firm says reviewing all possible opportunities to invest in construction company

Top hotelier warns of tax rate of up to 31% after VAT is introduced
Travel & Hospitality»

Top hotelier warns of tax rate of up to 31% after VAT is introduced

Thursday, 23 June 2016 11:15 AM

Marriott regional president says new tax, expected in 2018, could “begin to affect people’s buying decisions”

4
UAE residents searching finance's finer details
Banking & Finance»

UAE residents searching finance's finer details

Thursday, 23 June 2016 9:46 AM

Dramatic rises in enquiries on ‘free for life’ credit cards and Islamic finance loans

Buyers of Kuwait's Americana aim to secure $1.65bn loan
Banking & Finance»

Buyers of Kuwait's Americana aim to secure $1.65bn loan

Wednesday, 22 June 2016 6:26 PM

Sources say Gulf-based Adeptio is in advanced talks with banks in bid to fund purchase of food group


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