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US to release $1.3bn in military aid to Egypt

The US government will release the full...

Indian cenbank issues draft guidelines for web aggregators of loan products

 India's central bank on Friday released draft...
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Shreya Rajput

Isabella Turner, a writer from Leeds, is passionate about the intersection of health and vaping. With a background in health journalism, she offers evidence-based insights into the potential benefits and risks associated with vaping.

UAE unveils ‘Invest in the Emirates’ campaign, fronted by Idris Elba

The UAE government has unveiled its ‘Invest in the Emirates’ campaign, fronted by Hollywood actor Idris Elba. The new initiative is aimed at attracting leading innovators,...

DIFC launches new funds centre, reports rise in firms

Dubai International Financial Centre (DIFC) has said it now hosts more than 400 wealth and asset management firms, including 44 hedge funds in the...

Locals paid more than us, moan GCC expats – poll

Nearly half of all expats in GCC nations claim that nationals are paid better salaries than them, according to the findings of a poll. The...

Here’s how GCC central banks are reacting to the US Fed’s rate cut

Most Gulf central banks cut their key interest rates on Wednesday after the Federal Reserve decreased US rates by half a percentage point, citing...

Saudi insurance market to see double-digit growth, AXA says

Saudi Arabia’s insurance market will grow by double digits over the next decade, thanks to an underinsured market and the growing popularity of sharia-compliant...

Food prices drive rise in Abu Dhabi consumer costs

Consumer prices in Abu Dhabi climbed 2.1 percent during the first ten months of 2011 driven by rising food prices, according to figures released...

In 2009, hundreds of bank customers were leaving UAE without settling their debts.

We’ve all been there. it gets to the end of the month, the funds in the current account are getting a little low and...

Indian cenbank issues draft guidelines for web aggregators of loan products

 India's central bank on Friday released draft guidelines for a regulatory framework for the aggregation of loan products by lending service providers (LSP) to...

PGIM opens Abu Dhabi office, joining money managers’ rush to UAE capital

PGIM, the investment management arm of US insurer Prudential Financial, opened an office in Abu Dhabi on Thursday. It joins a slew of money...

Trump hush money trial: a timeline of events leading up to the conviction

A jury convicted Donald Trump on Thursday of falsifying records to cover up a $130,000 payment made to buy a porn star's silence before the 2016...

Morning Bid: Dollar recoils at 160 yen, Tesla’s China joy

A look at the day ahead in Asian markets. Asian FX traders will be on heightened Japanese intervention alert again on Tuesday after Tokyo reportedly stepped into the market...

Investors scramble to get out of the way of the rising yen

A dramatic rally in the yen is tapping one of the most powerful forces in markets: momentum. And as trend-followers who rode the currency's...

Focus: Rating firms cautious ratifying some private credit loans

Banks and insurers are making more requests to U.S. credit agencies for ratings on their risky loans to private equity funds that are secured...

Japan net external assets hit record high in 2023, remains world’s top creditor

Japan's net external assets rose to a record 471.3 trillion yen ($3 trillion) in 2023, increasing for a sixth straight year, as a weak...

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