As Bitcoin Gyrates, Less Euphoria In Evidence At Blockchain Gathering
The volatility in bitcoin prices as especially troubling for some observers Read more
Oman Said To Mull Multi-billion Dollar SoftBank Fund Investment
Japanese conglomerate SoftBank reportedly negotiating with Oman for an investment of several billion dollars in its Visi... Read more
UAE Car Rental Service Secures $5m Funding To Drive Expansion
Udrive, the app-based pay-per-minute car rental service, has announced a $5 million Series B round of funding Read more
UAE's Largest Bank Launches Saudi Ops With Riyadh Branch
First Abu Dhabi Bank has officially inaugurated its Saudi Arabia operations by opening its first branch in Riyadh Read more
Abu Dhabi's Man City Named England's Most Valuable Club
Premier League champions Manchester City, owned by Abu Dhabi, are valued at $3.07bn ahead of rivals United Read more
Emails Reveal US Investor Warned Months Before Abraaj Collapse
At least two senior executives of Hamilton Lane Inc received an anonymous email in September 2017 advising them not to i... Read more
Saudi Wealth Fund Looks To China Amid Global Ambitions
Public Investment Fund managing director says keen to accelerate Asia growth, sees 'a lot of potential' Read more
Former Abraaj CEO Arif Naqvi Granted $20m Bail By London Court
Former Abraaj boss gets bail despite worries by prosecutors that he may flee to Pakistan rather than face US fraud charg... Read more
New UAE Banking Group Unveiled With $115bn Assets
ADCB Group starts operations following the merger of Abu Dhabi Commercial Bank and Union National Bank and acquisition o... Read more
Former Abraaj Exec Granted $10m Bail Bond In New York
Mustafa Abdel-Wadood was placed under house arrest at a New York apartment Read more
Saudi Bank Mortgages Tripled In Q1
The size of funding also grew 133% compared to the same quarter last year Read more
Abu Dhabi Said To Weigh Multi-billion Dollar Gas Pipeline Deal
Adnoc is speaking to financial advisers about bringing in international investors for the pipelines, which could help ra... Read more
Bahrain's Investcorp Buys US Properties In $170m Deal
Investcorp has acquired about $2bn of US real estate through 21 deals over the past 18 months Read more
From DNA To Electronic Tagging: Terms Of Abdel-Wadood's $10m Bail Package
US Attorney's Office said former Abraaj executive remains under home detention at a Manhattan apartment Read more
UAE's Largest Bank FAB Posts Record Net Profit In Q1
First Abu Dhabi Bank CEO says optimistic for remainder of 2019 after reporting record first quarter net profits Read more