Mortgage experts expect a quicker uptake of smaller properties following the Fed's interest rate cuts. Antonie Robertson / The National

How will US Fed rate cut affect UAE mortgages?

Middle income professionals could see their mortgage eligibility improve after the 50 bps cut, experts say

Money

Gulf central banks join Fed in cutting interest rates

Banking

UAE Central Bank fines lender $1.36m

Banking

Cyber security: The new-age risk bankers are struggling to mitigate

Banking

Fed to cut capital requirements for large banks under new Basel III plan

Banking

JP Morgan sets up Dubai private banking team for growing affluent clientele

Banking

Libya’s central bank crisis could impact nation's investment strategy

Economy
Investcorp's executive chairman Mohammed Alardhi. Chris Whiteoak / The National

Investcorp chairman shifts management power in company reshuffle

Bahrain-based company reveals revised leadership structure as it seeks to grow asset base to $100bn

Economy

Incoming HSBC boss mulls middle management shake-up

Banking

UAE Central Bank fines lender $1.6m for breaching anti-money laundering law

Money

Saudi Arabia's PIF signs deals worth $50bn with Chinese financial firms

Banking

HSBC in $3 billion share buyback as CEO Noel Quinn bids farewell

Banking

Saudi Arabia's PIF makes bid to increase stake in Selfridges

Business

Wizz Air expects new fleet to herald huge drop in air fares to Middle East

Aviation
HSBC has launched a further share buyback scheme as Noel Quinn bows out as chief executive. AP

HSBC in $3 billion share buyback as CEO Noel Quinn bids farewell

After forecast-beating profits, Europe's largest bank announces another share buyback on the back of growth in its wealth management business

Banking

Saudi Arabia's PIF makes bid to increase stake in Selfridges

Business

Wizz Air expects new fleet to herald huge drop in air fares to Middle East

Aviation

HSBC names Lebanon-born Georges Elhedery as CEO

Banking
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