J.P.Morgan Invests $20m In Dubai E-Commerce Startup

The London-based investment fund has backed online fashion site Namshi just one year after it launched.

Gulf Business Industry Awards: Special Individual Winners

Winners of the Lifetime Achievement Award, Innovator of the Year, Entrepreneur of the Year, Businesswoman of the Year, Special CSR Award and the overall Business Leader of the Year.

Bahrain’s GIB Updates $4bn Bond Programme

Gulf International Bank’s bond programme is 97.2 per cent owned by the Saudi government, giving a safer level of risk.

Gulf Business Industry Awards: Companies Of The Year

The winning companies of the year from banking, real estate, aviation, retail, media, energy, tourism, education and technology.

REVEALED: The Gulf Business Industry Awards Winners 2012

The winners from the Gulf Business Industry Awards 2012, a glittering showcase of the UAE’s finest business leaders, as voted by independent judges.

UAE’s First Gulf Bank Eyes Bond Issue

FGB has hired five banks for a new benchmark bond, according to sources.

IMF To Cut Global Growth Forecast

The Eurozone debt crisis poses the biggest threat to the global economy, says IMF chief.

Morocco Selects Saudi-Led Group For $1bn Solar Deal

A consortium led by Saudi International Company for Water and Power (ACWA) won the major contract.

Qatar And France Agree Suburbs Relationship

The Gulf state will help set-up a Franco-Qatari fund aimed at investing millions of Euros into depressed French suburbs.

The Countdown Begins For The First Gulf Business Awards

Tonight’s awards will celebrate the UAE’s top performing business leaders and companies.

Dubai’s JAFZA Posts 20% Drop In H1 Profit

State-owned Jebel Ali Free Zone (JAFZA) attributed the fall in H1 profit to rising costs.

Dubai’s DEWA Eyes Sukuk Issue In 2013

Proceeds from the issue will be used for repayment, said DEWA CEO, Saeed Mohammed al-Tayer.

Emirates Announces Additional Seychelles Flights

Dubai’s flagship airline will begin two additional flights to the archipelago, taking its weekly number up to 13.

REVEALED: Insights From The GCC’s Top Private Bankers

Experts from Emirates NBD, Falcon Private Bank, Lombard Odier, Bank Sarasin-Alpen Group and Julius Baer reveal their regional wealth management strategies to Gulf Business.

UAE Committed To Supply Customers With Oil Needs

The country’s OPEC Governor Ali al-Yabhouni said that the UAE will work towards maintaining oil market stability.

Kuwait’s Commercial Bank To Liquidate Investment Unit

CBK Capital is believed to have $53.5 million in capital and manages a Kuwaiti stocks fund and an Islamic finance fund.

Private Banking Special: Julius Baer

Middle East investors are still seeking high-yielding investments, says Daniel Savary, head of Eastern Mediterranean & Middle East markets at Julius Baer

Private Banking Special: Bank Sarasin-Alpen Group

Rohit Walia, executive vice chairman & CEO at Bank Sarasin-Alpen Group, Middle East and India, says that the group will focus on tapping the Islamic finance industry in Saudi Arabia.

Private Banking Special: Lombard Odier

Swiss bank Lombard Odier is aggressively increasing its footprint in the Middle East, says its head of new markets, Arnaud Leclercq.

Private Banking Special: Falcon Private Bank

Switzerland has lost its appeal to Gulf investors, says Eduardo Leemann, CEO of Falcon Private Bank

Private Banking Special: Emirates NBD

Mark McFarland, chief investment strategist, Private Banking at Emirates NBD, says its time for wealth preservation.

Singapore Signs Five-Year F1 Deal

The Asian City-state has signed a five-year extension deal on the same weekend it hosted its fifth F1 Grand Prix.

The Address The BLVD Sells Out Apartments On First Day

Property agents paid labourers to stand in line 48 hours before doors opened in bid to secure new prime location.

Credit Suisse Cuts Dubai Investment Banking Jobs

The investment bank is reducing staff in Dubai and relocating some jobs to Qatar, say sources.

MEA Hotel Occupancy Up 12% In August

Middle Eastern cities such as Cairo and Amman lead the increase in occupancy rates.

Swiss Lift Ban On UAE Arms Exports

United Arab Emirates are once again able to buy weapons from the European country after a previous ban following re-exported grenades is lifted.

UAE Non-Oil Trade Up 5%

The country’s non-oil trade reached Dhs76.6 billion in February this year, according to official statistics.

Saudi’s Mojil Group Eyes Disbandment As Losses Build

The Mohammed al-Mojil Group say its losses exceed three-quarters of its capital and its liabilities exceed its assets.

Etisalat Plans Network Growth After Indonesia Sale

The UAE network is eyeing up new ventures into core markets, funded by a $510 million sale of its Indonesian stakes.

UAE To Build Weapons Systems In JV With Denel

State-owned Tawazun Holding will build guidance weapons in Abu Dhabi in a joint venture with South African defence company.