Forex

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

UAE, Australia reach trade deal to boost exports, investment

The UAE has reached a trade agreement with Australia that is expected to boost shipments of agricultural products and resources, as well as provide...

Qatar wealth fund expands into Australia, Korea and Southeast Asia

The Qatar Investment Authority (QIA), the country’s sovereign wealth fund, is in the middle of expanding into Australia, Korea and Southeast Asia, its top...

UAE fines foreign bank Dhs5m for money laundering breaches

The UAE central bank said on Monday it fined a foreign bank operating in the country $1.4m (Dhs5m) for failing to sufficiently address money...

GCC legal head earns average $21k a month

About 60 percent of legal professionals in the GCC received a pay rise last year with highest average salaries seen in Abu Dhabi and Qatar, a...

QNB board approves QAR2.9bn share buyback program

Qatar National Bank (QNB Group), the biggest GCC lender by assets, said on Thursday that a new $796.7m (QAR2.9bn) stock repurchase authorisation has been approved...

UAE salaries set to rise 5.1% next year – report

Average salaries in the UAE are expected to rise 5.1 percent in 2013 compared to a Gulf-wide increase of 5.4 percent, according to a...

US investment bank PJT Partners to acquire Dubai-based deNovo Partners

PJT Partners, a US investment bank, said on Wednesday that it has agreed to acquire Dubai-based advisory firm deNovo Partners, known for high-profile deals,...

Oman IPO: OQ Exploration and Production to float 25% stake on MSX

OQ Exploration and Production (OQEP), Oman’s largest pure-play oil and gas exploration and production company, has announced plans to float an initial public offering...

Japan ‘deeply concerned’ about rapid, one-sided forex moves, finance minister says

Japanese Finance Minister Shunichi Suzuki said on Friday that the authorities were "deeply concerned" about the impact of "rapid and one-sided" foreign exchange moves...

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