GCC salaries forecast to rise 5% on average in 2015

GCC salaries forecast to rise 5% on average in 2015

New pay forecast data from Hay Group shows UAE workers will get biggest rises this year while Bahrain will see smallest

Kuwait's central bank aims to cut bad loans to 2% by end-2015

Kuwait's central bank aims to cut bad loans to 2% by end-2015

Kuwaiti banks were hit hard by the debt problems of local investment firms during the global financial crisis

Kuwait's Alafco plans to spend $600m to buy new aircraft

Kuwait's Alafco plans to spend $600m to buy new aircraft

Company's chief executive says thinking about partnering with firms in funds that own aircraft

Abu Dhabi state fund asks for more in $22bn Malaysia banking deal

Abu Dhabi state fund asks for more in $22bn Malaysia banking deal

Sources say Aabar Investments is demanding a hefty premium for its minority stake in Malaysia's No 4 bank

Dubai's DED, TECOM ink deal to attract Design District investment

Dubai's DED, TECOM ink deal to attract Design District investment

Two entities to form teams and strategies to attract retailers, designers and entrepreneurs to d3 project

UAE credit bureau chief urges greater GCC collaboration

UAE credit bureau chief urges greater GCC collaboration

Marwan Ahmad Lutfi calls for strengthening communication, collaboration to improve approach to credit risk

Kuwait's Tijaria plans Turkish farmland investment

Kuwait's Tijaria plans Turkish farmland investment

Real estate company to partner with juice company to buy and market crops resulting from investment

Bahrain's Investcorp wants 30% rise in assets under management

Bahrain's Investcorp wants 30% rise in assets under management

Company chief sets target as more MidEast investors see private equity as way to diversify

Boosting a customer's credit card limit without consent is

Boosting a customer's credit card limit without consent is "foolhardy", says Dubai banker

Mashreq Bank claims it holds quarterly examinations to ensure sales staff don’t mis-sell

Kuwait sovereign fund to resume selling stakes in local firms

Kuwait sovereign fund to resume selling stakes in local firms

Holds a 24% stake in Kuwait Finance House & owns 24.6% of telco Zain


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