Banking and Finance FeaturedIslamic banking in Africa: Regulatory obstacles but a lot to gainWebAdminOctober 18, 2022 by WebAdminOctober 18, 2022 Persistent obstacles will limit the growth of Islamic banking during the next 12 to 18 months... Read more
Aviation FeaturedUAE budget airlines ought to reclaim Gulf skiesIFM CorrespondentApril 22, 2022 by IFM CorrespondentApril 22, 2022 Air Arabia recently stated that it will resume direct flights from Sharjah to four different cities — Taif, Al Jouf, Gassim, and Hail.... Read more
Economy FeaturedDubai expects 70% companies to shut businesses in next six monthsInternational Finance Business DeskMay 27, 2020May 27, 2020 by International Finance Business DeskMay 27, 2020May 27, 2020 The survey was conducted on 1,228 CEOs across various sectors during the period between April 16 and April 22... Read more
Banking FeaturedGulf central banks cut rates to tackle slowdown caused by Covid-19Pritam BordoloiMarch 17, 2020March 18, 2020 by Pritam BordoloiMarch 17, 2020March 18, 2020 The Fed recently slashed its interest rates to nearly zero... Read more
Aviation FeaturedBeleaguered South African Airways gets $240 million bailout packageInternational FinanceJanuary 30, 2020March 18, 2020 by International FinanceJanuary 30, 2020March 18, 2020 The state-owned airline has not been able to generate revenues and has managed to survive largely due to government rescue packages... Read more
Oil & GasSaudi Aramco shares fall $200 bn amid fears of impending US-Iran warInternational FinanceJanuary 9, 2020January 24, 2020 by International FinanceJanuary 9, 2020January 24, 2020 Under the shadow of a US-Iran clash, Saudi Aramco shares have plunged by 10%... Read more
Oil & GasKuwait inks 15-year pact with Qatar to import gas from 2022International FinanceJanuary 7, 2020January 24, 2020 by International FinanceJanuary 7, 2020January 24, 2020 Kuwait’s dire need of gas to be fulfilled from 2022... Read more
Wealth Management‘UK mortgages enquiries soar by 45%’International Finance DeskDecember 14, 2017 by International Finance DeskDecember 14, 2017 Prompted by weakened sterling and likely rate rise... Read more
EconomyTrump lauds Exxon efforts to create local jobsInternational Finance DeskMarch 8, 2017 by International Finance DeskMarch 8, 2017 The oil producer plans to invest $20 billion through 2022 on the US Gulf Coast... Read more
Wealth ManagementDivisa Capital raises $100 million of new fundsInternational Finance DeskFebruary 20, 2017 by International Finance DeskFebruary 20, 2017 It will be used for expansion and increase of interbank credit lines... Read more