Dubai Holding Commercial Operations Group 2015 net profit up 25%

Dubai Holding Commercial Operations Group 2015 net profit up 25%

Owner of Jumeirah, Dubai Properties Group and TECOM Group reports 15% rise in revenues

SME lending blamed as Shuaa Capital’s losses widen in Q4

SME lending blamed as Shuaa Capital’s losses widen in Q4

Provisions set aside by Gulf Finance contribute to $44m loss in final quarter, up from $4m year on year

Fire hits Aldar, Arabtec building site in Kazakhstan

Fire hits Aldar, Arabtec building site in Kazakhstan

Blaze at Abu Dhabi plaza in Astana extinguished after six hours; complex set to open later this year

Bank of England sets out stall for Islamic deposits in first for Western central bank

Bank of England sets out stall for Islamic deposits in first for Western central bank

UK regulator's decision is latest move in London's bid to become a major hub for sharia-compliant financing

Abu Dhabi Global Market signs operational agreement with UAE Central Bank

Abu Dhabi Global Market signs operational agreement with UAE Central Bank

Free zone now has framework agreements with all UAE financial regulation bodies

Debt deal for Dubai's Limitless closer after Silver Point sale

Debt deal for Dubai's Limitless closer after Silver Point sale

US hedge fund sells $80 million loan to Mashreq and Massar Investments

Abu Dhabi's Mubadala seeking $2bn loan refinancing - sources

Abu Dhabi's Mubadala seeking $2bn loan refinancing - sources

State-owned investment fund planning to close deal in first half of the year

UAE lawyer urges help for debtors in jail

UAE lawyer urges help for debtors in jail

An estimated 261 debtors are stuck in prison in Abu Dhabi, official figures say

Sovereign funds' selling could hit $700bn of European stocks

Sovereign funds' selling could hit $700bn of European stocks

Norway, Qatar have holdings in major European stocks, Saudi Arabia also major fund but holdings less well-known

New risk management, governance rules for UAE banks by year-end

New risk management, governance rules for UAE banks by year-end

UAE regulatory framework will have a clear emphasis on board and management responsibility and accountability, according the central bank exec


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