Middle East Business News

Dubai Digital Bank Is First To Launch Smartphone Insurance Plan

Liv. says Mobile Insurance is the first in a series of insurance products to be launched over coming months Read more

Investcorp, Standard Life Plan To Raise Up To $1bn For Gulf Fund

New joint venture will focus on healthcare, education and utilities and may also invest in the wider Middle East and Lev... Read more

Saudi Wealth Fund Plans San Francisco Office In Technology Push

Saudi Public Investment Fund is looking to open offices in San Francisco, as well as New York and London Read more

Bahrain's Investcorp Bank Sees Sweet Spot In Indian Property Crunch

Investcorp Bank, which manages about $23bn of assets, plans to provide structured lending to developers faced with borro... Read more

Deutsche Bank Seeks To Rebuild In Middle East After Cost Cutting

Jamal Al Kishi, Middle East and Africa CEO, said Deutsche Bank said it expects to be involved in large financing deals a... Read more

World Bank Says To Set Up Office In Abu Dhabi's ADGM

New Abu Dhabi Global Market office will exercise full functions of World Bank Read more

Bahrain's Investcorp Inks $330m US Real Estate Deal

New portfolio includes 2,510 units across North Carolina, Georgia, Florida, Arizona and Texas Read more

Opinion: The Cost Of Failure To Implement VAT In UAE, Saudi Is Higher Than We Think

Three challenges stand out, accordinbg to David Stevens, GCC VAT Implementation Partner, EY Read more

Imran Khan Says Deep Reforms On The Way As Pakistan Nears IMF Deal

Pakistan is looking to bridge a financial gap of at least $12 billion with negotiations for its 13th IMF bailout since t... Read more

Imran Khan Says Deep Reforms On The Way As Pakistan Nears IMF Deal

Pakistan is looking to bridge a financial gap of at least $12 billion with negotiations for its 13th IMF bailout since t... Read more

Societe Generale Eyes Saudi Opportunities After Middle East Expansion

Saudi Arabia is attracting the attention of the world's biggest banks as it undergoes an economic transformation that in... Read more

Societe Generale Eyes Saudi Opportunities After Middle East Expansion

Saudi Arabia is attracting the attention of the world's biggest banks as it undergoes an economic transformation that in... Read more

Arcapita Net Income Grows 50% In 2018

The Bahrain-based investment firm recently completed a $100 million equity-fund raising round to accelerate investment a... Read more

UAE Federal Bank To Sell Bond Following Passage Of Debt Law

New law gives its less wealthy emirates access to debt at lower interest rates Read more

Dubai's Caesars Bluewaters Now Using Blockchain Wallet For Staff

Hotel staff will be able to use their allowances and discounts through Lucid Pay digital wallet. Read more