This year will be extremely challenging for the GCC region, writes Maha Al-Ghunaim
Banks remain unable or unwilling to finance SMEs, says Eureeca co-founder
IRENA report suggests renewable energy plans could save money and create hundreds of thousands of jobs
Outbound deals fueled by the region totaled $76.34bn
Report finds that the wealthiest 1 per cent owns more than the rest of the world’s population
The amount will be used to finance environmentally sustainable projects over the next 10 years
The Dubai-based lender posted a 32 per cent drop in impairment charges
Cuts follow the 350 reported in November at FGB, HSBC and Standard Chartered
GCC governments have slashed spending as oil prices continue to plummet
Another third of cash-strapped employees cannot save a single dirham a month
Research by MoveHub shows Qatar as the cheapest country on the world for food shopping
US money centre banks will outperform as interest rates rise in 2016, writes Matein Khalid
Dubai specifically has seen a spate of fire accidents in recent years
The country plans to begin levying value added tax in 2018
The lender attributed improved revenues and cost controls for the growth in profit
Low oil prices have raised speculation that the riyal could be unpegged from the dollar
Regional governments can generate at least 10 per cent of their gross domestic product through a number of non-tax revenue options, new research shows
Director-general of the Arab Monetary Fund says the industry grew 20 percent between 2000 and 2015
US bank warns of further declines if the currency’s strength continues
Insurance requests were up three times the average during the first week of the year, finds new survey
Banks need to provide an optimised and consistent user experience across all channels
Budgeting will come more easily the longer you stay with it, writes Jamie Scott
Benefits such as bonuses could also be affected as earnings predicted to grow at slowest rate in three years in 2016
Retail slowdown could mean bigger discounts with ‘part-sale’ already starting at 30 per cent
The recent Fed rate hike may have consequences for the GCC economies in more ways than one, writes Binod Shankar
The Islamic facility was arranged in June 2012 and was set to mature in 2020
The UAE has signed a deal with the US to implement the Foreign Account Tax Compliance Act from early next year, says financial firm
Growing private wealth and a slowdown in wealth creation in traditional Western markets made the Middle East an increasingly attractive option for the European lender
Going public, in any sense, is a transformational event. Wherever you plan to list, the…
Almost 90% of GCC business leaders admit market volatility – survey