The coming revolution in banking

A paradigm shift is under way in the UAE’s financial sector as technology evolves and customers live in an increasingly connected world. When the dust settles, the banking landscape will look a lot different over the next three years than it does today. ( read original story ...)

Successful IPO Of An Offshore Driller

I discuss industry implication of ADES IPO. This article was written on a request by a reader who noticed that an offshore drilling company which originally came from Egypt and is now based in Dubai, ADES International Holding, had a successful IPO in ... ( read original story ...)

Cathay announces job cuts after posting financial losses

Dubai: An Asian airline that serves the UAE market is implementing ... followed after the company announced that it had incurred some $74 million (Dh271 million) in financial losses for 2016, the first since the global recession. “We have had to make ... ( read original story ...)

Och-Ziff: Wall Street’s fallen star

"Och-Ziff, one of the largest hedge funds, positioned itself to profit from ... a handful of longtime investors are sticking with the firm. A unit of Dubai's sovereign investment fund retains a 16% stake, and mutual fund giant T. Rowe Price has bought ... ( read original story ...)

Dubai Property Prices Set To Bottom Out At Last

Dubai’s property market is still in the doldrums, years after prices and rents started to drop. Estate agents suggest the downward spiral is likely to bottom out over the next few months. International property firm Cluttons, who have offices in Dubai ... ( read original story ...)

Inside the UAE’s tech start-up environment

“UAE free zones make it easy to start companies compared to ... and Internet of Things Expo (IoTx) 2017 run until tomorrow. “Technology is playing a greater role in our lives and the Middle East is home to some of the brightest minds in the sector ... ( read original story ...)