Middle East Business News

Saudi Companies 'losing Out To Global Players', Says STV CEO

SoftBank Investment Advisors said the direction of the Middle East tech scene is positive Read more

Saudi Real Estate Refinance Plans $2.3bn In Sukuk Sales

Saudi Real Estate Refinance - the state-run equivalent of Fannie Mae and Freddie Mac in the US - will tap domestic and i... Read more

Saudi Real Estate Refinance Plans $2.3bn In Sukuk Sales

Saudi Real Estate Refinance - the state-run equivalent of Fannie Mae and Freddie Mac in the US - will tap domestic and i... Read more

India Central Bank Faces Trouble Getting Banks To Cut Rates

A mismatch between deposits and credit growth, and competition from the government for small-savings mean banks face a h... Read more

India Central Bank Faces Trouble Getting Banks To Cut Rates

A mismatch between deposits and credit growth, and competition from the government for small-savings mean banks face a h... Read more

Emaar, Emirates NBD Top List Of GCC 'bargain Stocks'

Two of Emaar's listed companies, several of the Gulf's top banks, ranked highly on the Markaz list of undervalued stocks Read more

UAE's Network International Ramps Up Business In Saudi Arabia

Last year, the company processed approximately 680 million transactions worth $36 billion Read more

Saudi-backed Blackstone Fund Said To Seek Minority Stake In Carrix

Blackstone Infrastructure Partners was established under an agreement calling for Saudi Arabia's Public Investment Fund ... Read more

No Time To Slow Down: KPMG Lower Gulf's Nader Haffar

Despite fallout from the Middle East's biggest financial scandal in over a decade, the CEO of KPMG Lower Gulf, Nader Haf... Read more

How Real Estate Remains At Heart Of Gulf's Wealth Generation

Knight Frank says Gulf-based UHNWIs have intensified their appetite for global geographic diversification in real estate... Read more

Abu Dhabi's Man City Slams 'false' Claims As UEFA Opens Investigation

UEFA says it is opening an investigation into whether or not Manchester City broke Financial Fair Play rules Read more

One In Five GCC Expats Save Nothing Every Month - Survey

Only 16% of expats put away more than 30% of their monthly income Read more

Saudi Arabia Said To Mull Raising Tax On Local Banks

Sources say Gulf kingdom is considering plans to increase an Islamic tax paid by local banks to as much as 20% Read more

MidChains Plans To Open Crypto Exchange In Abu Dhabi

Financial investment exchange says platform will be focused on the institutional market and professional investors Read more

Growth Of UAE, Saudi Billionaires Set To Stall To 2023

No new billionaires are expected to be created in the UAE and Saudi Arabia over the next four years Read more