The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
Bloomberg Saudi Arabia is telling international banks to publicly disclose financial statements for the first …
Read More »Saudi Arabia wants foreign banks to disclose finances
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Egypt to weigh tighter regulations on currency bureaus
Bloomberg Egypt’s central bank is weighing tougher regulations on foreign-exchange dealers, part of a broader …
Read More »Philippines to hold guilty banks accountable for cyber money heist
BLOOMBERG The Philippines will hold accountable any bank or banker found responsible or remiss in …
Read More »Deposits at ECB go in excess of required reserves
Bloomberg The European Central Bank (ECB) began charging banks interest on deposits in June 2014 …
Read More »Bahrain’s Investcorp acquires US properties worth $220mn
Doha / Emirates Business Investcorp, a leading provider and manager of alternative investment products, announced …
Read More »UK house prices rise in March as regions outpace London
Bloomberg U.K. house prices rose 1.3 percent in March, pushing the average above 300,000 pounds …
Read More »AYKON’s Versace-branded residences get renamed
Dubai / Emirates Business Nine Elms Property Development Ltd, a subsidiary of DAMAC International Limited, …
Read More »Egypt’s SODIC inks $495mn sales contracts
CAIRO / EMIRATES BUSINESS Egypt’s real estate developer SODIC signed sales contracts worth 4.4 billion …
Read More »Evictions, unrest cast shadow on Ethiopian construction boom
Bloomberg When Ethiopian farmer Mulugeta Mezemir ceded his land three years ago to property developers …
Read More »Casino’s debt cut to junk at S&P amid muddy waters attack
Bloomberg Casino Guichard-Perrachon was cut to junk by Standard and Poor’s, increasing the French grocer’s …
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