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Abu Dhabi-owned Al-Hilal Bank is setting up an Islamic bank in Kazakhstan. The Almaty-based bank will

Sheikh Ahmed Bin Juma Al-Maktoum died on 23 March

According to The Economist, a commission chaired by Dubai heir apparent Sheikh Hamdan Bin Mohammed Al-Maktoum has proposed a new code of public conduct to tighten rules on dress,

Indonesian energy firm Valco is at the heart of a $1bn investment in two coal-mining firms in a deal that shows Gulf SWFs are still hard at work.

ADIC eyes MENA private equity deals; Bahrain banks consolidate their positions; Kuwait enters Palestine telecoms sector; Vodafone Qatar to sell a 40% stake in April IPO

Abu Dhabi Water & Electricity Authority (ADWEA) is reportedly evaluating Shuweihat and Taweelah as potential locations for its next independent water and power project. According to

Taqa profits down as oil price stays low. Oxy deal to raise output. Qatar to build 100MW solar power plant

The Dubai government has invested $200m in four sharia-compliant hedge funds in the hope of tapping the $800bn Islamic finance industry, expected to grow by 15% this year. But the concept has its risks, and many investors remain sceptical about the viability of Islamic hedge funds.

Ruler Sheikh Saqr Bin Mohammed Al-Qasimi received a message of allegiance signed by 120,000 of his people as part of celebrations surrounding the 60th anniversary of his rule.

Former boss Sir Fred Goodwin is vilified in the British press, and the UK government effectively controls 68% of its equity, but credit crunch victim Royal Bank of Scotland retains some significant businesses, notably a project finance arm which has acted as advisor to major GCC project sponsors including Qatar Petroleum, Saudi Aramco, Total, ConocoPhillips, ExxonMobil and Occidental Petroleum Corp (Oxy). Rumour has it that, as it refocuses its investment banking operations, a contrite RBS is set to exit project, leveraged and real estate lending.

Khalifa Bin Zayed: Exxon meeting

Central Bank of the UAE’s initial $10bn investment in Dubai’s $20bn five-year refinancing package confirms that Abu Dhabi has no intention of cutting adrift the commercial emirate; the senior emirate will gain from maintaining stability in the federation

The Gulfi crowd were not particularly present, or even the subject of formal discussion, at the 24 February Sovereign Wealth Funds Forum in London. Much of the focus was on Asian institutions, including the Singapore

Sheikha Budoor: Emir names daughter as Shorouq head, Hoor Bint Sultan: Sharjah Biennial

The row over gas sales between Sharjah-based Crescent Petroleum and Iran has resurfaced as both sides continue to dispute the contractual terms of an agreement to export Iranian gas to the UAE (GSN 812/12). Under pressure to meet rising domestic demand, the dispute began when the Islamic Republic