Banking & Finance
Emirates NBD Receives Approval To Double Foreign Ownership Limit
Middle East Business News - Published date: .
Dubai's largest bank earlier reported a 45% slump in first-half profits Read more
Survey Reveals Trust In UAE Banks On The Increase
Middle East Business News - Published date: .
UAE banking sector has higher trust rating than US, UK, China, Japan, France and Germany Read more
Emirates NBD Reports 45% Slump In Profit After $1.1bn Provisions
Middle East Business News - Published date: .
Emirates NBD continues to have a good underlying operating performance, said CFO Patrick Sullivan Read more
Covid-19 Sparks Increased Demand For Cashless Transactions In Middle East
Middle East Business News - Published date: .
Latest PwC survey reveals 53% of people used mobile phones for online deliveries Read more
Middle East Wealth Funds Plan More European Bargain Hunting, Says Invesco
Middle East Business News - Published date: .
Over the next 12 months, about 43% of sovereign funds in the region will buy equities with lower valuations Read more
Oman's Tourism Arm Ends Deal With Damac For Waterfront Project
Middle East Business News - Published date: .
Omran will buy the 70 percent stake it doesn't already own in Muttrah Tourism Development Co., established to redevelop ... Read more
Saudi Arabia's Fannie Mae Buys Up $800m Of Mortgages
Middle East Business News - Published date: .
Deal is the largest ever housing real estate refinancing transaction and first-of-its-kind in the kingdom Read more
Siraj Holding Completes Deal For Al Hilal Bank's Islamic Insurance Business
Middle East Business News - Published date: .
Thomas Joe has been appointed CEO following appointment of new board members Read more
Sustainable Investing Gains Momentum In Wake Of Covid-19
Middle East Business News - Published date: .
In the UAE, 81% of investors said they believe a sense of fear will prevail for a long time Read more
Lebanon's Economy Minister Confident Of International Bailout
Middle East Business News - Published date: .
Lebanon's economic unravelling is beginning to slip out of control as its currency declined Read more
Dubai FDI Continues Investment Push Online Amid Pandemic
Middle East Business News - Published date: .
A total of 34 webinars have been scheduled in 13 markets to woo investors through the end of the year Read more
HP Setting The Tone For Sustainability
Middle East Business News - Published date: .
Global manufacturer proving saving the environment can also have savings on the bottom line Read more
Bahrain To Add $470m Into Budget To Address Covid-19 Economic Impact
Middle East Business News - Published date: .
Emergency funding has been announced by King Hamad bin Isa Al Khalifa Read more
IMF Lowers Middle East Economic Forecast Over The 'twin Shock'
Middle East Business News - Published date: .
Oil prices plunged by about two-thirds in a freefall as the global economy ground down to prevent the spread of the coro... Read more
PJT Partners Signs Deal With Dubai Boutique DeNovo Target Middle East Deals
Middle East Business News - Published date: .
PJT and deNovo will advise global firms looking to invest in the Middle East and North Africa region Read more
Saudi Banks Turn To Twitter, Mobile Apps Amid Digital Shift
Middle East Business News - Published date: .
According to statistics from Twitter, 76% of Saudi bank customers used their banks official banks in April, up from 69% ... Read more
Dubai Announces $408.4m Stimulus Package To Combat Coronavirus Slowdown
Middle East Business News - Published date: .
Latest amount brings total support provided by the government to $1.7bn throughout Covid-19 crisis Read more
Dubai SME Helped Over 3,800 Emirati Entrepreneurs In 2019
Middle East Business News - Published date: .
Start-ups received almost $46.3m worth of exemptions and incentives last year Read more
Rishi Sunak Reveals $37bn Plan To Rescue UK Economy
Middle East Business News - Published date: .
Raising the stamp duty threshold for purchases of property to 500,000 pounds, until March 31 next year, meaning 90% will... Read more
Hyflux's Middle East Suitor Raises Offer, Extends Deadline Again
Middle East Business News - Published date: .
Utico said the latest offer gives a chance of a higher recovery for retail investors in Hyflux Read more