The region must hold on to its tax-free advantage, he urges
Average wages remained flat in the last year, according to the Gulf Business 2016 Salary Survey.
Average growth across the region is estimated to reach 2.1 per cent this year
Follows agency’s new forecast for Brent crude.
The new reporting standard will impact banks’ financial statements.
A string of cyber-attacks saw $55m fraudulently withdrawn from ATMS worldwide over three years.
An estimated 5.9 million debit and credit cards are in circulation in the UAE.
Saudi billionaire Prince Alwaleed once again tops regional rich list.
Goutam Sen was accused of bribery charges in 2014
Lender sets up dedicated hub for remittance partners
The financial centre’s workforce is now close to 20,000
Investment firm previously 7.4% of GFH
New guidelines came into effect on January 1
Bank’s chairman said its balance sheet remained strong
Only 34 per cent will recommend their bank to friends
The finance sector accounted for the largest percentage of entrants
World’s 62 richest people own as much as the poorest half of the population
Lenders hit by tightening liquidity and slowing credit growth
More than half of Emiratis and 50 per cent of other nationalities make monthly payments…
Reports suggest the bank will vacate its Emaar Square office
Currency fluctuations and an employee incentive scheme impacted the results
Profitability excluding last year’s Globalpharma sale was up 27 per cent
News of the sale saw FGB shares surge 11.9 per cent yesterday
Reports suggest the lender will return to its historic corporate focus
The UAE and Qatar are the most active Middle East countries using the RMB, finds report
Lender suffers 25 per cent YoY profit decline in Q4
Bank’s CEO described the performance as ‘remarkable’ given deteriorating sentiment
Chairman Sultan bin Sulayem will carry out the CEO’s duties and functions on an interim basis
The fund will reportedly include local assets managed by the Kuwait Investment Authority
Brent crude prices rose to over $32 per barrel on Friday