Banking

British ministers head to the GCC for talks on new trade deal

Britain’s new trade ministers visited the Gulf region on Monday in a first joint visit for talks on a possible trade deal, the government said. Trade secretary Jonathan Reynolds and...
Markets Marcus Robinson -

Saudi Fund for Development signs first loan agreement with Dominica

Saudi Fund for Development (SFD) formalised its first development loan agreement with the Commonwealth of...
Finance Victoria Winston -

How Abu Dhabi’s investment legacy is fostering economic development

Abu Dhabi and the UAE have long been recognised as important investors in the...
Banking Aditya Dave -

UAE unveils ‘Invest in the Emirates’ campaign, fronted by Idris Elba

The UAE government has unveiled its ‘Invest in the Emirates’ campaign, fronted by Hollywood...
News Shreya Rajput -

UAE, Australia reach trade deal to boost exports, investment

The UAE has reached a trade agreement with Australia that is expected to boost...
Forex Sameer Shah -
Latest

How Abu Dhabi’s investment legacy is fostering economic development

Abu Dhabi and the UAE have long been recognised as important investors in the global economy. As of early 2024, the UAE’s total value...

Standard Chartered starts custody services for digital assets in the UAE

Standard Chartered said on Tuesday it had begun offering digital asset custody services in the UAE, with Brevan Howard Digital, the crypto and digital asset division...

Egypt counts on foreign funds to buy gas as power crisis worsens

Saudi Arabia and Libya have financed the purchase of gas cargoes worth at least $200m to help Egypt ease its energy crisis this summer amid a...

GCC poised for strong growth in 2025: ICAEW report

The Gulf Cooperation Council (GCC) region is set for a sharp economic rebound, with growth expected to surge to 4.4 per cent in 2025,...

One-fifth of GCC expats saving nothing – poll

Nearly half of the GCC workforce has less than US$5,000 in savings, while more than one-in-five do not save at all, according to a...

Kuwait to bailout $3.6bn in loans

Oil-rich Kuwait will bail out billions of dollars worth of bank loans taken out by nationals in the lead up to the global financial...

UAE among cheapest for remittances – World Bank

The United Arab Emirates is one of the cheapest places in the world from which to send remittances to foreign countries, according to the World Bank. Migrant...

UAE facing pensions ticking time bomb – report

A new report has revealed that residents in the UAE are facing a pensions ticking time bomb as they delay saving long term, compared...

Funding the micro-entrepreneurs

Scattered in small workshops throughout Cairo, some micro-entrepreneurs have long struggled to find customers to purchase wares such as mechanical sunshades, clay pottery coolers...

Banking & Finance dominates Power 500 list

The Banking & Finance sector has again dominated the 2012 Power 500, published by Arabian Business on Sunday. The magazine reveals that 19 percent of individuals work...

UAE close to finalising new bankruptcy law

The UAE is close to finalising an updated federal bankruptcy law and a draft of the legislation should be ready by the end of...

Most UAE residents in debt face ‘threatening’ calls from police

The vast majority of UAE residents in debt claim to have had threatening calls from the police and banks over their loans, according to...

In 2009, hundreds of bank customers were leaving UAE without settling their debts.

We’ve all been there. it gets to the end of the month, the funds in the current account are getting a little low and...

Who’s to blame for your bad debts?

Do you ever get the feeling that everyone around you is having a better life? They drive a nicer car, live in a bigger...

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