Banking & Finance
Abu Dhabi Set To Open First International Investment Office In Tel Aviv
Middle East Business News - Published date: .
Abu Dhabi Investment Office reveals plans as part of expansion of representative offices in Europe, North America and As... Read more
The Man Seeking To Breathe New Life Into Lebanon's Manufacturing Sector
Middle East Business News - Published date: .
Alexandre Harkous aims to offer new platform to finance Lebanon's imports through his Cedar Oxygen initiative Read more
Why Saudi Arabia Could Soon Rival Dubai For Fintech Funding
Middle East Business News - Published date: .
AstroLabs co-founder highlights 'exciting growth' in Gulf kingdom as it looks to enhance its digital ecosystem Read more
Japan's Nomura Cuts Investment Banking Jobs In Dubai
Middle East Business News - Published date: .
Tokyo-based brokerage shrinks its Middle East footprint and moves coverage of the region to staff in other offices Read more
Lebanon Succumbs To The Highest Debt-to-GDP Ratio In The World
Middle East Business News - Published date: .
Beirut Port blast, coronavirus add up to an economic crisis which could see GDP fall from $55bn to $25bn in just two yea... Read more
Egypt Doubles Private Sector Funding As Coronavirus Crisis Continues To Bite
Middle East Business News - Published date: .
Analyst says the move is in keeping with the Egypt Central Bank's policy to bolster the economy during challenging times Read more
Premier League Denies Rejecting Saudi Takeover Of Newcastle Utd
Middle East Business News - Published date: .
Potential takeover could proceed to the next stage should the relevant entities provide all appropriate information, say... Read more
IMF Ready To Help Blast-hit Lebanon Once New Government In Place
Middle East Business News - Published date: .
Country is facing a severe economic crisis after a neglected warehouse full of fertiliser ignited in a cataclysmic blast... Read more
IMF Chief Warns Global Economic Crisis 'far From Over'
Middle East Business News - Published date: .
There are currently 128 coronavirus vaccines under development across the world Read more
Rise In Indian Remittances From The Gulf Hides Tales Of Coronavirus Heartbreak
Middle East Business News - Published date: .
Indian banks see jump in remittances from the GCC by as much as 20% but the global pandemic still spells misery for many... Read more
Saudi Central Bank Chief Says No Time To Relax After Coronavirus Crisis
Middle East Business News - Published date: .
Ahmed Alkholifey, head of the Saudi Arabian Monetary Authority, says he is confident the country's economy will weather ... Read more
GCC Investor Sentiment Rebounds After Q2 Coronavirus Hit
Middle East Business News - Published date: .
Iridium Advisors' research shows how Saudi Arabia took a 34 point battering to investor sentiment in the second quarter ... Read more
Lebanese Insurance Industry Faces Up To Life After Beirut Port Blast
Middle East Business News - Published date: .
CEO of insurance major says industry will 'weather the storm' after damage is estimated at $15bn Read more
Dubai-based KEN Investments Leads Pioneering Funding In US Fintech Start-up
Middle East Business News - Published date: .
Investment in Salaryo pairs Israeli technological innovation with the UAE's financial expertise Read more
Could Gulf Remittances Increase After Indian Rupee Hits Downward Spiral?
Middle East Business News - Published date: .
NRI remittances to India, especially from the Gulf region, normally see a spurt whenever rupee value plunges against the... Read more
US Sanctions To Beirut Port Blast: Key Moments In Lebanon's Economic Downfall
Middle East Business News - Published date: .
Less than a decade ago, Lebanese banks were the crown jewel of the economy. Today they are in crisis. What went wrong? Read more
Israel's Two Biggest Banks Sending Delegations To UAE
Middle East Business News - Published date: .
Representatives from Bank Hapoalim Ltd and Bank Leumi le-Israel Ltd to travel to the UAE this month Read more
World Bank Cancels Loan To Fund Controversial Dam Project In Lebanon
Middle East Business News - Published date: .
Bisri Dam was partially suspended in June after the World Bank said it raised concerns about the project's implementatio... Read more
Saudis Voice Concerns About Higher Taxes, Rising Costs
Middle East Business News - Published date: .
Euromoney virtual investor conference is dominated by Saudis anxious about higher taxes and rising costs Read more
Dubai Says To Continue Infrastructure Spending After $2bn Bond Issuance
Middle East Business News - Published date: .
Investors rush to invest in Dubai as order book for gov't bond and sukuk is five times oversubscribed Read more