Middle East Business News

In Pictures: 7th Edition Of UBF's Middle East Banking Forum In Abu Dhabi

Under the theme 'Unlocking the Future, Shifting the Paradigm', MEBF 2019 explored key topics including Fintech, Islamic ... Read more

Modus Capital Targets Middle East SMEs With $75m Fund

Modus MENA Venture Fund I (MMVFI) will invest in companies that have a strong social impact Read more

UAE Central Bank To Establish 'fintech Office' To Help Regulate Sector

The new fintech office will also look into assets such as cryptocurrencies, according to CBUAE governor Mubarak Rashid A... Read more

Aramco May Be Worth $1.5 Trillion Or Less, Some IPO Banks Say

Goldman Sachs, perhaps the most influential bank on Wall Street, told investors it thought Aramco was worth between $1.6... Read more

UAE, Lebanon Studied Projects During Hariri's Visit

Hundreds of thousands of Lebanese protesters have demanded the ouster of an entire political class they blame for endemi... Read more

UAE Plans To Loosen Cap On Bank Lending To Property Industry

UAE banks can currently lend as much as 20% of customer deposits to the property industry Read more

UAE Is 'studying' Possible Aid To Lebanon After Unrest

While the UAE central bank hasn't agreed on specific details, it will 'study and make recommendations in light of the re... Read more

Saudi Crown Prince Seen Green Lighting Aramco IPO On Sunday

Source says Mohammed bin Salman is set to give the long-awaited Aramco IPO the go-ahead Read more

Lebanon Banks Reopen As Protests Ease

Large queues form outside banks from early morning and people rush in as soon as doors opened to cash in their salaries ... Read more

Saudi Arabia Said To Mull Increase In Lending For Aramco IPO

Sources say Saudi Arabian Monetary Authority met banks this week to discuss how much they can lend to domestic stock buy... Read more

Gulf Islamic Investments: Providing A Diverse Set Of Investment Opportunities

Gulf Islamic Investments and its team enjoy a track record of managing $2.8 billion in assets and securing $5.6 billion ... Read more

Bahrain's Investcorp Set To Invest At Least $500m Into Saudi Arabia

Investcorp co-CEO says investment will focus on healthcare, education, social housing, infrastructure, roads, utilities Read more

Gulf Countries Cut Interest Rates, Following US Fed Move

Kuwait lowers borrowing costs for the first time since 2012 in response to US Federal Reserve's decision Read more

Future Investment Initiative: Why It's Okay To Return To Saudi Arabia

How Wall Street titans have smiled and schmoozed at a Saudi investment conference widely shunned last year Read more

Dubai's Samana Group Eyes $1bn Investments As It Sets Up China Base

Imran Farooq, Samana Group CEO is hoping for Chinese investment in three new real estate projects to be launched Read more