UAE Banks Head For Indian Courts To Recover $7bn Loan Defaults
The move follows India notifying last month UAE as a reciprocating territory for the purpose of enforcing foreign civil ... Read more
UAE, India Agree To Tax Exemptions For Sovereign Investments
According to a statement from the UAE's Ministry of Finance, the tax exemptions are applicable to the infrastructure for... Read more
VAT Implementation In KSA And UAE: A Firsthand Impression
Some businesses are yet to fully understand the proper application of VAT on goods and service, writes Nidal Abou Zaki, ... Read more
UAE's Largest Bank Said To Cut Hundreds Of Jobs
Sources say First Abu Dhabi Bank is the latest UAE-based lender to shed staff as sluggish growth weighs on the finance i... Read more
UAE Tycoon Khurram Shroff Makes Offer To OYO Homes Division
Chairman of IBC Group and Gallery Suites says he has reached out to OYO founder with plan for funding and restructuring Read more
HSBC Launches New 'perfect' Bank Account For UAE Millionaires
Jade is a bespoke bank account offering a combination of personalised relationship management, advanced wealth solutions... Read more
Starting Your Business With Emirates NBD
Emirates NBD has a full range of packages and accounts tailored for any size business Read more
Mubadala Said To Be In Talks To Buy Jadwa's UAE Healthcare Assets
Saudi private equity group Jadwa owns a 42% stake in Abu Dhabi-based United Eastern Medical Services Read more
Saudi Inflation Set To Rise On Higher Consumer Spending In 2020
Jadwa Investment forecasts 1.7% inflation rate in Gulf kingdom this year as non-oil economy is expected to expand Read more
Middle East Investors Target $5.3bn London Commercial Property Spend In 2020
Regional investors are set to increase commercial real estate investment in London this year, according to Knight Frank Read more
Dubai Autism Rocks Support Centre Closes Its Doors
Founder of UK-based Autism Rocks, Sanjay Shah, subject of tax fraud allegations in Denmark totalling 1.5bn UK pounds Read more
Saudi's Public Investment Fund Sells Almost All Of Its Tesla Holding
Saudi fund announced in September 2018 that it would invest more than $1 billion in Lucid Motors Read more
Investors Should Expect 'modest Returns' In 2020, Says Emirates NBD
After 'spectacular 2019', Maurice Garnier, chief investment officer, Emirates NBD, predicts single-digit growth in 2020 Read more
Lebanon Banks Tighten Withdrawal Caps, Sparking Outcry
Withdrawal limits differ from bank to bank, but have so far generally been capped at around $1,000 a month Read more
Souq.com, Careem Have Given 'false Hope' To Entrepreneurs, Says Prince Khaled
Chairman of KBW Ventures says more must be done to help grow start-ups in the region Read more