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Offices Of Tech Giants Google, Microsoft, Banks In Iran Crosshairs: Report
Offices and infrastructure of tech giants in Israel and Gulf countries may come under Iranian fire as the conflict in the Middle East drags on
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As War Rages In Gulf, Indians Move Their Money From Dubai To Singapore
Soon after the first Iranian missile and drone attacks on Dubai last week, two Indian entrepreneurs based there tried to move more than $100,000 each from their local bank accounts to Singapore to hedge risk.
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Binance Gets Its First Gulf Crypto Licence in Bahrain
Binance, the world’s biggest crypto exchange, has been given a crypto-asset service provider licence by Bahrain's central bank, its first such licence in the Gulf Cooperation Council (GCC), the company and the bank said on Tuesday.
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UAE Plans To Launch Digital Currency Within Five Years
The United Arab Emirates will launch its first digital currency by 2026, the central bank of the oil-rich Gulf state, which serves as the region's financial hub, said Monday.
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Qatar Asks US To Investigate UAE Bank For 'Financial Warfare'
Qatar has asked US regulators to investigate the US subsidiary of the largest bank in the United Arab Emirates, accusing it of "bogus" foreign exchange deals designed to harm its economy as part of a blockade by Gulf neighbours.
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Remittances To India To Decline By 5 Per Cent In 2016: World Bank
India, the world's largest remittance recipient in 2015, may receive a remittance of USD 65.5 billion this year, a drop of 5 percent, the World Bank has said in a new report citing weak economic growth in remittances-source countries and cyclic low oil prices.
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'Social Curse' Of Huge Personal Debt Raises Worries In Wealthy Qatar
Credit cards on the limit, huge bank borrowings and a struggle to repay loans: these are the personal debt problems of some Qataris despite the Gulf state's reputation for fabulous wealth.
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Qatar Vast Gas Reserves 'To Last 138 Years': Report
Qatar's gas reserves are so vast it can maintain production at current rates for another 138 years, according to an official report published today.
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At OPEC, Some Sow Seeds of Solar Energy Race in Gulf
To hear the oil ministers of Saudi Arabia and Kuwait talk about it this week, the race to develop massive solar power arrays in the world's sunniest nations is nearly as important as the current battle for oil market share.
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Bank Guarantee Must to Bring Indian Maids to Kuwait
To safeguard the welfare of its nationals, India has made it mandatory for employers in Kuwait to submit a bank guarantee of USD 2,500 before bringing a female domestic help to the Gulf nation.
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Offices Of Tech Giants Google, Microsoft, Banks In Iran Crosshairs: Report
Offices and infrastructure of tech giants in Israel and Gulf countries may come under Iranian fire as the conflict in the Middle East drags on
-
As War Rages In Gulf, Indians Move Their Money From Dubai To Singapore
Soon after the first Iranian missile and drone attacks on Dubai last week, two Indian entrepreneurs based there tried to move more than $100,000 each from their local bank accounts to Singapore to hedge risk.
-
Binance Gets Its First Gulf Crypto Licence in Bahrain
Binance, the world’s biggest crypto exchange, has been given a crypto-asset service provider licence by Bahrain's central bank, its first such licence in the Gulf Cooperation Council (GCC), the company and the bank said on Tuesday.
-
UAE Plans To Launch Digital Currency Within Five Years
The United Arab Emirates will launch its first digital currency by 2026, the central bank of the oil-rich Gulf state, which serves as the region's financial hub, said Monday.
-
Qatar Asks US To Investigate UAE Bank For 'Financial Warfare'
Qatar has asked US regulators to investigate the US subsidiary of the largest bank in the United Arab Emirates, accusing it of "bogus" foreign exchange deals designed to harm its economy as part of a blockade by Gulf neighbours.
-
Remittances To India To Decline By 5 Per Cent In 2016: World Bank
India, the world's largest remittance recipient in 2015, may receive a remittance of USD 65.5 billion this year, a drop of 5 percent, the World Bank has said in a new report citing weak economic growth in remittances-source countries and cyclic low oil prices.
-
'Social Curse' Of Huge Personal Debt Raises Worries In Wealthy Qatar
Credit cards on the limit, huge bank borrowings and a struggle to repay loans: these are the personal debt problems of some Qataris despite the Gulf state's reputation for fabulous wealth.
-
Qatar Vast Gas Reserves 'To Last 138 Years': Report
Qatar's gas reserves are so vast it can maintain production at current rates for another 138 years, according to an official report published today.
-
At OPEC, Some Sow Seeds of Solar Energy Race in Gulf
To hear the oil ministers of Saudi Arabia and Kuwait talk about it this week, the race to develop massive solar power arrays in the world's sunniest nations is nearly as important as the current battle for oil market share.
-
Bank Guarantee Must to Bring Indian Maids to Kuwait
To safeguard the welfare of its nationals, India has made it mandatory for employers in Kuwait to submit a bank guarantee of USD 2,500 before bringing a female domestic help to the Gulf nation.
