The Qatar central bank claims to have $40bn in reserves plus gold, while the QIA has $300bn in reserves
The stock market has met with six or seven firms to discuss potential listings, an official has said
Green bonds are gaining traction in the Middle East
With advances in financial technology developing at pace, we look at how the GCC fits into the global picture
ADIA last year broadened its focus in Asian private equity markets, particularly China and India
Residence permits will not be renewed and exit/re-entry visas will not be issued for expatriates unless the fees are paid
The acquisition was made from private equity firm Emerging Capital Partners
Stocks tumbled across the board on Sunday, with 41 lower and only one higher
GDP, adjusted for inflation, shrank 0.5 per cent year-on-year between January and March, its first fall since 2009
The kingdom’s net foreign assets shrank by $36bn in the first four months of 2017
The bank plans to launch digital banking services in Bahrain next year
Bankers in the region believe the riyal’s peg to the dollar remains solid
Group VAT registrations and how they affect UAE businesses
The merger will create the country’s second largest lender
Riyadh slashed the allowances last September to save money
The order is anticipated to restore six months of annual bonus to state employees
MSCI estimated 32 major Saudi stocks would gain emerging market status
New deposits by the Qatar Investment Authority were believed to total several billion dollars, a source said
Barclays said it was considering its position over the charges and awaited further information
The Abu Dhabi Investment Authority is one of the world’s richest sovereign wealth funds
The Abu Dhabi-listed energy company announced last week that its outstanding sukuk were not sharia-compliant and were therefore unlawful
Dana said on Tuesday it had received legal advice that its Sukuk, which mature in October, were not compliant with the Islamic sharia code
Nearly 40 Asian and European individuals have been arrested in connection with the crime
Bahrain’s framework provides a virtual space for companies to test their technology-based ideas
Dana announced on Tuesday that it had recently received legal advice that its Sukuk were not sharia-compliant
Dana proposed exchanging the Sukuk with new enforceable Shariah complaint instruments
The real estate investment fund will initially will include Five Holdings’ Dhs4.3bn Viceroy Dubai Palm Jumeirah
Qatari banks have around QAR60bn in funding in the form of customer and interbank deposits from other GCC states
The developer will list 30 per cent of its UAE real Estate Development business
Some UAE commercial banks are also holding off on doing business with Qatari banks