Tuesday, April 23, 2019

Money & Business

Latest updates on Middle East businesses,Growth of Financial Sectors,Implementation Of Latest Technology and Role of Consumers.

GCC insurance markets ‘will grow’ but some pressures seen

New regulations, which bring with them higher capital requirements, and other demands “will add to costs and increase pressure on profitability for some insurers”,...

No new fees on real estate: Government

Manama: The Cabinet meeting chaired by His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa yesterday decided not to impose any new fees...

Saudi Arabia prepares to auction detained billionaire’s real estate, cars

Saudi authorities are preparing to auction billions of dollars of real estate and cars belonging to billionaire Maan al-Sanea and his company as they...

Oman: New rules for sending money abroad

Muscat: Are you sending more money home than you can afford to? If yes, then you may face questions, as exchange houses in Oman have...

Bahrain, Oman, Kuwait and Qatar need 18 months to implement VAT,...

Manama: Bahrain, Oman, Kuwait and Qatar will need 18 months to implement Value Added Tax (VAT), according to International Monetary Fund. While Saudi Arabia and UAE...

Saudi: World’s tallest building takes shape – $2 billion Jeddah Tower

The 170-storey building is set to surpass Dubai's Burj Khalifa as the world's highest building and will feature a hotel, apartments and offices, as well...

Dubai property slump to continue: S&P

By AFPA three-year downturn in Dubai's property market will likely continue until at least 2020, Standard & Poor's said Tuesday, citing low oil prices, the...

Djibouti seizes control of Dubai owned sea terminal

By Associated PressDUBAI, United Arab Emirates (AP) - Djibouti has seized control of a container terminal run by Dubai-based port operator DP World, the latest...

Technology and the future of finance

Will your banker become a robot? And is this such a bad thing? The application of technology to finance has gone mainstream.  Investors (speculators, really)...

Interests on Personal Loans from Bahrain Banks Expected to Increase

An economic report published by a local newspaper mentioned that interest on personal loans in Bahrain increasingly rose nearly two years ago and it...
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