Middle East investors are still seeking high-yielding investments, says Daniel Savary, head of Eastern Mediterranean & Middle East markets at Julius Baer
Rohit Walia, executive vice chairman & CEO at Bank Sarasin-Alpen Group, Middle East and India, says that the group will focus on tapping the Islamic finance industry in Saudi Arabia.
Swiss bank Lombard Odier is aggressively increasing its footprint in the Middle East, says its head of new markets, Arnaud Leclercq.
Middle Eastern cities such as Cairo and Amman lead the increase in occupancy rates.
After a difficult few years and low public morale, the greatest show on earth has returned London to its pinnacle status.
The UAE-based contracting services company shares deal to construct pipelines in southeast Iraq with Italy’s SICIM.
The UAE-based shopping mall operator hopes to start construction on the project by the end of 2012.
The Organisation of Islamic Cooperation has been calling for a universal blasphemy law for over a decade.
The tech giant received more than two million orders for the iPhone 5 within the first 24 hours of its launch.
Prices dropped amid signs that Saudi Arabia is pumping at high rates to dampen prices.
A new report says the ultra-rich have increased their fortunes and successfully managed the global downturn.
As more regional and international companies turn to Islamic bonds to raise capital, Gulf Business lists the biggest Sukuks issued so far this year.
Price for brent crude nears $117 as analysts warn regional protests will send risk premiums higher.
Saudi Arabia’s Oil Minister Ali al-Naimi said earlier this month that the Kingdom was prepared to meet any additional demand for oil.
Egypt’s biggest investment bank, EFG Hermes and Qatar’s QInvest had reached an agreement in May 2012.
The German lender is laying off several senior staff in Dubai, according to sources.
Britain’s BAE Systems and Airbus-owner EADS are in advanced merger talks to create a European powerhouse in aerospace, defence and security.
Apple’s latest product will be on US shelves from September 21st, and should be available in the UAE just after that.
The anticipation is over as the latest iPhone is revealed as taller, thinner, lighter and 4G enabled.
The world’ worst kept secret is soon to be unveiled in San Francisco as Apple loyalists await the unveiling of its latest product.
Ambassador Christopher Stevens is believed to be one of four US officials killed during an attack at the US consulate in Benghazi.
The Fed is expected to launch another round of quantitative easing during a two-day meet starting today.
The lender opens Beijing office to tap rising financial ties between the UAE and China.
One of the world’s largest commodity traders has turned to Gulf-based banks to widen its lending pool.
Dubai-based Emirates is the only Middle Eastern airline to make the list of the world’s biggest global carriers by capacity.
Trade ties between the countries have risen over 395 per cent from 2002 to reach $15.6 billion last year.
While imports remained constant, exports to the EU rose 15 per cent year-on-year during the first six months.
The MENA region ranks fifth most popular destination for international expansion, with UAE most popular country.
Regional investors accounted for 12 per cent of Europe’s real estate market in Q2 2012.
Gulf firms are increasingly chasing Asian liquidity.