Gulf region’s asset management market to reach USD 500 billion milestone by 2026: Report
The report observed the presence of several tailwinds that are shifting trends in the region’s asset management industry...
Tag : Gulf
Business Leader of the Week: Meet Hana Al Rostamani, FAB boss & UAE’s banking biggie
by WebAdmin
After Hana Al Rostamani's appointment, FAB's net profits ended at USD 3.4 billion by the 2021 end, 19% up from the 2020 tally...
UAE likely to launch more local currency Sukuk: S&P
The local dirham-denominated Islamic bond market is still in its infancy, so local players are still raising funds by issuing dollar and other foreign currency-denominated Sukuk...
Family companies: New fillip for UAE
To help double family-owned businesses’ contribution to the nation's GDP to $320 billion in 2032, UAE introduced legal reforms in January 2023...
Gulf entrepreneurs laud growth of region’s startups
Raed Ventures founding partner Omar Almajdouie said that investing in talent and professional skills enhanced entrepreneurs' skills and impact...
Work From Home job openings in UAE: All you need to know
Around 1,500 Work From Home employment is available on Bayt.com, with over 600 of them in the GCC and more than 300 in the UAE...
Middle East a unique ‘global sweet spot’ for merger and acquisition: Survey
Saudi Arabia is anticipating a significant increase in merger and acquisition activity in 2023...
IMF loan not enough? Cash-strapped Egypt sells state assets to Gulf nations
The investments by Gulf states into Egypt last year helped to alleviate some of the immediate financing concerns that Egypt encountered, prior to securing further funds from the IMF...
Islamic banking in Africa: Regulatory obstacles but a lot to gain
by WebAdmin
Persistent obstacles will limit the growth of Islamic banking during the next 12 to 18 months...
UAE budget airlines ought to reclaim Gulf skies
Air Arabia recently stated that it will resume direct flights from Sharjah to four different cities — Taif, Al Jouf, Gassim, and Hail....