Dubai among world’s top 5 highest paying cities for bank directors

​Emirate ranks above Paris and Milan for hefty pay packages

QNB receives regulatory nod for Finansbank deal

QNB announced the deal in December

Sharjah eyes creation of offshore financial centre

An offshore zone could form part of the emirate’s diversification strategy

Saudi boosts Egypt ties with $16bn investment fund

New deal is aimed at boosting the Egyptian economy and includes funds for an economic free zone

GCC stock markets: Where is the research?

Why is there a lack of coverage of Gulf stock markets, examines MR Raghu

Saudi eyes US-style green card system as it looks to boost non-oil revenues

The kingdom is aiming to increase its annual revenues by at least $100bn a year

Qatar National Bank posts 7.1% increase in net profits

The national lender recorded a net profit of $787m in the first three months of 2016

GCC’s ultra wealthy eye Dubai for property investment

The UAE emerged as the most popular destination for regional investors

UAE non-oil private sector growth hits 2016 high

Business conditions have improved at the strongest rate in four months

Middle East investors must fund start-ups more quickly, say entrepreneurs

Regional entrepreneurs express frustrations at lengthy investment procedures

Emirates Islamic to lay off 200 people – report

Banks across the country are trimming staff to reduce costs

Middle East leaders named in Panama papers leak

Documents leaked from a Panama law firm show secret dealings of the rich and powerful

Middle East boating industry defies regional economic slump

Loyal customers and a booming market have helped the industry stay buoyant

Ratings agency S&P defends decision to downgrade Saudi banks

Five of the eight Saudi banks rated by S&P have faced downgrades

Dubai ranks among world’s top five favourite cities for millionaires

The emirate welcomed 2,000 new millionaires last year, finds report

UAE, Saudi government bank deposits decline

Saudi Arabia’s money supply also fell for the first time in more than a decade.

UAE start-up costs dropped $96,500 in four years, says tech boss

Director of DTEC says the cost of starting a business has fallen from $100,000 to $3,500 since 2012

More than half of Gulf-listed firms fell short of forecasts in Q4 2015

More than half of Gulf-listed firms fell short of forecasts in Q4 2015

Aggregate earnings across the region declined 16 per cent, according to SICO Investment Bank

More than half of Gulf-listed firms fell short of forecasts in Q4 2015

Aggregate earnings across the region declined 16 per cent, according to SICO Investment Bank

Qatar and UAE ranked as best countries for 'career-orientated' women

Qatar and UAE ranked as best countries for ‘career-orientated’ women

Expat women say countries offer best financial incentives to move abroad

UAE banks announce plans to help troubled SMEs

Announcement follows a rise in the number of loan defaults across the country.

GCC markets will not benefit from taxes like VAT – Mishal Kanoo

The region must hold on to its tax-free advantage, he urges

Revealed: Top 10 salaries in the UAE

Average wages remained flat in the last year, according to the Gulf Business 2016 Salary Survey.

Low oil prices impact: GCC growth ‘challenging’, but no recession expected

Average growth across the region is estimated to reach 2.1 per cent this year

Moody’s cuts outlook for Saudi, UAE, Kuwait and Qatar, lowers Bahrain to junk

Follows agency’s new forecast for Brent crude.

Are GCC banks prepared for the new upcoming accounting standard IFRS9?

The new reporting standard will impact banks’ financial statements.

Turkish hacker behind $40m Bank Muscat card heist pleads guilty

A string of cyber-attacks saw $55m fraudulently withdrawn from ATMS worldwide over three years.

Over 60% of UAE residents unaware about credit card interest rates – survey

An estimated 5.9 million debit and credit cards are in circulation in the UAE.

Forbes billionaires list: Top 10 richest people in the GCC

Saudi billionaire Prince Alwaleed once again tops regional rich list.

Oman’s National Gas Company terminates CEO

Oman’s National Gas Company terminates CEO

Goutam Sen was accused of bribery charges in 2014