The UAE banking industry has come a long way since the country’s foundation in 1971. Banks operated in the states that became the United Arab Emirates even earlier. The British …
Category:
GCC
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Twenty years ago, I first landed in Dubai when I was sent on assignment by Agence France Presse to cover the “tanker war” which was raging out in the middle …
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Once upon a time there was a concept arrived at called the Free Economic Zone (FEZ). In order to bring in foreign investors, along with their capital and know-how, a …
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Last month, Abu Dhabi held the inaugural edition of the Middle East International Film Festival (MEIFF). It was an intentionally lower-key affair than its glitzy, red-carpet counterpart which takes place …
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If the newspapers are to be believed in the UAE at the moment, the Emirati Central Bank is under increasing pressure to revalue the dirham. Rhetorical headlines like “Do we …
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On September 4, Franklin Templeton Investments, a leader in the international asset management industry, with over $621 billion in assets, announced the acquisition of 25% of Dubai-based Algebra Capital. Executive …
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With gigantic malls opening around Gulf cities, the retail food industry has morphed considerably in the past ten years and supermarkets, critical elements in the food distribution network, are playing …
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It could well be argued that local firms in the UAE have an easy time of it. Thanks to favorable company laws, a demographic explosion and soaring oil prices, the …
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If a Middle Eastern business owner came home from his summer vacation to find a stranger sitting on his patio with a business proposal, he might greet him with the …
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Dubai is building a new airport. Surrounded by sand and baking in the summer heat, workers are putting the final touches to the first runway of the Dubai World Central …