UAE's rising cost of living is big concern for expats - HSBC

UAE's rising cost of living is big concern for expats - HSBC

Bahrain, Qatar and Oman are more popular destinations for expats than the UAE, according to HSBC survey

Saudi petchems firm plans sukuk investor meetings

Saudi petchems firm plans sukuk investor meetings

Advanced Petrochemical Co is turning to debt capital markets to take advantage of high liquidity in the Saudi investor market

Dubai's DIB says Q3 net profit jumps 55%

Dubai's DIB says Q3 net profit jumps 55%

Dubai Islamic Bank says performance boosted by rise in income from Islamic financing

Saudi's largest lender posts 7.8% rise in Q3 net profit

Saudi's largest lender posts 7.8% rise in Q3 net profit

National Commercial Bank has announced plans to convert into a fully-fledged Islamic bank in around five years

UAE lender ADCB posts 16.4% Q3 profit gain

UAE lender ADCB posts 16.4% Q3 profit gain

Increase was mainly down to a 35 percent year-on-year drop in impairments

Dubai's Emirates NBD Q3 net profit doubles to $424.7m

Dubai's Emirates NBD Q3 net profit doubles to $424.7m

Growth as a result of a resurgence in the Dubai economy, which has been boosted by a strengthening property market and a scaling down of debt troubles

Abraaj aims to seal deal soon for Saudi fast-food chain Kudu

Abraaj aims to seal deal soon for Saudi fast-food chain Kudu

Dubai-based private equity firm has been in exclusive talks for months to buy controlling stake

Shareholders of Kuwait's Global approve capital cut

Shareholders of Kuwait's Global approve capital cut

Move aims to draw a line under years of financial troubles for the firm caused by debt taken on during the boom years

Dubai's DIC expects two major asset sales within 18 months

Dubai's DIC expects two major asset sales within 18 months

Dubai International Capital to offload Doncasters, Almatis in bid to cover outstanding debt ahead of scheduled repayment

Oman studies ways to limit spending after oil price plunge

Oman studies ways to limit spending after oil price plunge

Government mulls spending curbs but insists it does not intend to cut infrastructure projects


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