Six-month Deposits In UAE Banks Up 10.4% To $49.6bn
Deposits accounted for 19.4% of the total deposits value from January through to August Read more
Singapore's Temasek To Rule Out Investment In Aramco IPO
Temasek's focus on sustainability and environmental, social and governance principles made it more difficult to support ... Read more
UAE Central Bank Removes 3% Early Settlement Fee For Mortgages
UAE banks can only charge borrowers a 1% early settlement fee or AED 10,000 Read more
Beehive Funds First SME In Bahrain
Mira Packaging Factory to use cash injection to expand and diversify product offering Read more
Russia Sovereign Fund Opens Saudi Office Ahead Of Vladimir Putin Visit
Russian Direct Investment Fund said it hoped to boost bilateral cooperation in economic and other spheres by setting up ... Read more
Fines For Bounced Cheques In Dubai Can Be Paid By Smartphone
Bounced cheques of up to AED200,000 represented 87% of cases settled by the Penal Order legislation between November 201... Read more
UAE Excise Tax On E-cigarettes, Sugary Drinks To Start On December 1
UAE's Federal Tax Authority called on producers and importers to register for the excise tax system at the earliest to a... Read more
Jassim Alseddiqi Named CEO Of Shuaa Capital Following ADFG Merger
The combined entity will exit non-core businesses to focus on becoming the leading asset management and investment banki... Read more
Top Level DIFC Delegation Completes Mission To Indian State
Dubai International Financial Centre chases more Indian FinTech businesses during trip to Maharashtra Read more
Dubai's Liv Says Customers Rush To Open Accounts To Win Private Island
Digital-only lifestyle bank by Emirates NBD reveals it has seen 44,000 new accounts opened since launch of competition t... Read more
UAE's Mubadala Says $19bn Spent On Expansion Plans In 2018
Abu Dhabi wealth fund says it invested in new areas such as medtech, pharma and agribusiness last year Read more
India's Largest Commercial Bank Cuts Interest Rates
State Bank of India's move may affect millions of Gulf-based non-resident Indians Read more
Abu Dhabi's ADCB Quarterly Profit Drops 11% On Cost Of Funds
Abu Dhabi Commercial Bank combined with local rivals Union National Bank and Al Hilal Bank to create the Gulf region's f... Read more
DIFC Bucks Global Trend With Double-digit Growth In Companies
Malaysia's Maybank Islamic Berhad, Cantor Fitzgerald and Australia's Atlas Wealth Management were among the financial fi... Read more
Dubai's DSA Investments May Join Bid For Mines Once Owned By Guptas, Glencore
The venture would be between Orchid Mining, a unit of DSA, and Nehawu Investment Holdings Read more