Dubai's Mashreq posts 13% jump in Q1 net profit

Dubai's Mashreq posts 13% jump in Q1 net profit

Dubai's third-largest lender makes net profit of more than $177m in three months to March 31

Lloyd's of London targets Islamic insurance market

Lloyd's of London targets Islamic insurance market

Founding member of the Islamic Insurance Association of London opened Dubai office last month

Fujairah bank sets up financing unit for diamond industry

Fujairah bank sets up financing unit for diamond industry

National Bank of Fujairah establishes team focused on financing both manufacturers and traders

Number of UAE millionaires forecast to grow 15% by 2017

Number of UAE millionaires forecast to grow 15% by 2017

New report sees 82,600 millionaires living in UAE; growth to be constrained by falling oil prices

Revealed: 44% of UAE expats don't expect to hit financial goals

Revealed: 44% of UAE expats don't expect to hit financial goals

Despite tax-free salary, a large number of expats in the UAE fail to fulfil financial targets before they leave - survey

Saudi, US firms buy $201m stake in Canadian grain handler

Saudi, US firms buy $201m stake in Canadian grain handler

State-owned agricultural investment firm and US grain trader Bunge in deal for controlling stake in CWB

Qatar launches first Chinese yuan clearing hub in Middle East

Qatar launches first Chinese yuan clearing hub in Middle East

New centre aims to improve the ease of transactions between companies in the region and China

Dubai's Abraaj closes $990m sub-Saharan Africa fund

Dubai's Abraaj closes $990m sub-Saharan Africa fund

Private equity firm says European and North American investors committed 64% of the capital

Saudi Arabia, UAE named among most popular for expat workers

Saudi Arabia, UAE named among most popular for expat workers

New World Bank report says Gulf countries are in world's top five migrant destinations

MidEast investment banking fees hit $182m in Q1

MidEast investment banking fees hit $182m in Q1

New report reveals 5% rise compared to Q4 2014 and 20% increase on year-earlier period


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