Search Results for: Bahrain
UAE, the new key role player in the Middle East
April 20th, 2017
The United Arab Emirates (UAE) is likely to play a bigger role in the conflict-ridden Middle East due to its economic, military, and political influence. For most of the past four decades, the UAE has maintained a low-key role ...
How powerful is your passport?
March 23rd, 2017
The Henley & Partners Visa Restrictions Index is a global ranking of countries according to the travel freedom that their citizens enjoy. For more than a decade, Henley & Partners has analyzed global visa regulations to present an index ...
Which Gulf country’s banking sector is the top in assets volumes
March 9th, 2017
The UAE’s banking sector came first on the list of the banking sectors in terms of asset volume in the GCC region, with a total value of about US$711 billion, over (AED2. 61 trillion) in 2016, according to statistics ...
Firms vie over rights to Arthur Andersen name
March 6th, 2017
A company calling itself Arthur Andersen announced it has reconstituted the former Big Five firm in 16 countries, but its rights to the brand are being challenged by another firm that took the Andersen name in 2014. French businessman ...
How Gulf stock markets are in early Monday; Saudi Arabia’s index fell
January 30th, 2017
Major Gulf stock markets were weak in early trade on Monday in response to soft global equities and crude oil prices, although Dubai courier firm Aramex soared on a fourth-quarter earnings beat. Saudi Arabia’s index fell 0.1 percent after ...
The dawn of financial technology in Islamic finance
December 23rd, 2016
Over the past decade, financial technology — widely referred to as FinTech — has grown primarily due to growing Internet access worldwide and the emergence of smartphones and apps. According to the Ericsson Mobility Report published last year, 70 ...
Which countries should take the lead to introduce the world’s first Islamic fintech
December 12th, 2016
Malaysia and Bahrain, two leadng Islamic financial hubs in the world, should take the lead in exploring the potential of introducing the world’s first Islamic financial technology (fintech). Bahrain Economic Development Board (EDB) Executive Director for Financial Services Business ...
Gold Standard Approved for Islamic Finance, Opening New Market
December 6th, 2016
Standard is ‘ground-breaking initiative’: World Gold Council SPDR Gold Trust, biggest ETF backed by gold, may qualify Gold is acceptable for the first time as an investment in Islamic finance after the group that sets standards for the industry ...
Oil prices fall as strong dollar wipes out OPEC cut optimism
November 18th, 2016
Oil prices fell in early trading on Friday as the strengthening U.S. dollar snuffed out rekindled hopes that OPEC might agree production cuts. International Brent crude oil futures LCOc1 were trading down 13 cents at $46.36 per barrel at ...
A common currency in the Gulf Arab region?
October 31st, 2016
Gulf single currency ‘inevitable’, says Oman cenbank chief Hamood Sangour al-Zadjali is quoted as saying that the move is only a matter of time The creation of a single currency in the Gulf Arab region has become inevitable and ...
