Most UAE residents do not buy home and personal belongings insurance policies
The bank employs around 200 people in Lebanon
The company has around $6bn of claims against it collapsed in 2009
Violators could face fines of up to Dhs 100,000
Verifone MENA vice president and general manager Ozgur Ozvardar on what’s next for the industry
Fees for completed M&A deals fell but there was a significant increase in syndicated lending fees and debt capital fees
In US dollar terms, the 20-year annualised rate of return on ADIA’s portfolio fell to 6.5 per cent in 2015
Barclays has begun a formal process to sell its Egyptian unit
The bank made a net profit of Dhs 1.91bn in the three months to June 30
The investment fund could buy up to 15 very large crude carriers
The slowing was most evident in Dubai, according to a central bank survey
S&P said sovereign creditworthiness in the Middle East and North Africa had continued to decline this year
Billionaire Prince Alwaleed’s firm agreed to exchange its stake in FRHI last December
The bank’s profit was boosted by its purchase of Turkey’s Finansbank
Any privatisation plans in Kuwait will not include its oil production facilities
UK bank financing to the GCC may slow, but impact will be minimal
The rise in allowances is partly because of a few organisations doing a market correction
Brexit vote and pound devaluation impacted amount sent by UK expats
Markets will share information on banking, financial services, security and regulations
The all-share index closed at 6,499.88 points in the first half of the year
Joseph Abraham succeeds Abdulla Saleh al-Raisi
The transaction replaced a three-year facility of the same amount and duration
A potential merger of the two lenders was first discussed last month
Regional fund managers remain cautious on equities, finds poll
The five-year funding will be used to fund part of SEC’s capital projects
The amount raised will be used to finance construction of new facilities
A committee headed by deputy Prime Minister Sheikh Mansour bin Zayed al-Nahyan will oversee the merger
Total number of millionaire households to grow by another 8% by 2020 as overall private wealth hits $1 trillion
Arabian Construction Company will construct the new 35-storey tower
Dubai was the weakest GCC bourse on Sunday