Monday 5 December 2016

NRIs biggest risk takers in investment

New research has uncovered large differences in the understanding, attitudes and engagement of investors from different nationalities living in the UAE. The report, carried out by financial solutions provider Old Mutual International and investment management firm Quilter Cheviot


$42bn investment potential seen in Oman

Tanfeedh, Oman’s national programme for enhancing economic diversification, recently showcased investment opportunities worth RO 16.3 billion ($42.2 billion) in three sectors in the Sultanate at a recent exhibition. Of this, the private sector contribution is expected to be


Bahrain SMEs society inks cooperation deal

Bahrain Small and Medium Enterprises (SMEs) Development Society has signed a cooperation agreement with Russian Small and Medium Business (RSMB) Corporation, reported the Gulf Daily News, our sister publication. To read further, please visit


Al Salam Bank backs BIBF’s e-learning plan

The Bahrain Institute of Banking and Finance (BIBF) has received financial backing from Al Salam Bank for the development of an Islamic finance e-Learning platform, reported the Gulf Daily News, our sister publication. To read further, please visit


Dubai Customs launches Smart Workplace

Dubai Customs has officially launched the Smart Workplace Platform that aims to turn traditional services into a unique user experience to reduce time and cost as well as boost custom transactions. Sultan Ahmed bin Sulayem, group chairman and chief executive officer of DP World e


Saudi Hollandi rebrands to Alawwal Bank

Saudi Hollandi Bank, the kingdom's oldest lender, said it has rebranded to Alawwal Bank (The First in Arabic). The name change marks the start of a transformation that will see the bank build on its reputation for innovation and service excellence. The new bran


Mubadala, HNA Group announce expanded collaboration

Mubadala, the Abu Dhabi investment and development company, and Chinese aviation and shipping conglomerate HNA Group have signed a Memorandum of Understanding (MoU) regarding expanded investment collaboration between the two organizations. Following a series of senior leadership


PwC Middle East posts 14pc growth for FY16

PwC Middle East, a leading professional services firm, has posted a 14 per cent rise in its revenues for its 2016 fiscal year in its first Middle East Annual Review. All of its core businesses – assurance, tax & legal, deals, consulting and Strategy&– performe


Murabaha Finance plans expansion with SRB

Murabaha Finance, a top financing company in Saudi Arabia, has entered into an agreement with Shariyah Review Bureau (SRB), under which SRB will be the exclusive Sharia Advisor and Sharia Auditor for its financing products and operational upgrades. Murabaha Finance has be


Economist George Magnus to speak at Euromoney Qatar

George Magnus, a leading economist and the man credited with predicting that the US sub-prime crisis would lead to the 2008 recession, will speak at The Euromoney Qatar Conference 2016 in December, as one of the keynote presenters.   In his international keynote, he will exa

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