10/20/2016
Ahli United Bank $200 million Perpetual Additional Tier 1 Sukuk oversub scribed
State of Kuwait enjoys the necessary components to attract international investors to enter the Kuwait market
Alternative Investments
10/20/2016
Qatar Said to Weigh Joining $100 Billion SoftBank Tech Fund
The Qatar Investment Authority sovereign wealth fund is considering an investment of billions of dollars, which will help diversify its economy away from oil.
10/19/2016
Egypt turning towards to China for investment
Europe, traditionally one of Egypt’s biggest investors, still lies in the shadow of the global financial crisis.
10/19/2016
3 reasons the emerging market rally is not over yet
First, emerging markets' macro recovery appears to be gaining strength. This time the boost to growth is not just com¬ing from stimulus in China.
10/19/2016
Saudi woos bond investors but mum on oil
When it came to an oil price increasingly influenced by Iran and the proxy war in Yemen they were less forthcoming
10/19/2016
Samba Financial Group latest Saudi bank to report drop in profit as bad loans weigh
Saudi banks have suffered poor Q3 earnings season
10/19/2016
Saudi Arabia Plans Debut Bond Sale to Shore Up Finances
Bankers expect multi-tranche dollar-bond offer to be worth at least $10 billion in total
10/18/2016
Saudi Shares Hit By Q3 Earnings, Most Of Region Weak
The Saudi index slipped 1.2 percent and most heavily traded stock dropped 2.9 percent
10/18/2016
Kuwait's NBK net profit soars in third quarter
National Bank of Kuwait sees its third quarter net profit rise by 6.5 percent
10/18/2016
Qatar's Masraf Al Rayan meets estimates with 1.3 pct Q3 profit dip
Three analysts had on average forecast a quarterly net profit of 487.3 million riyals for the quarter.
10/18/2016
Mideast Stocks-Saudi shares hit by Q3 earnings, most of region weak
The Saudi index slipped 1.2 percent and most heavily traded stock, dropped 2.9 percent
10/17/2016
Mid East Stocks Third Quarter Bank Results May Weigh on Gulf
National Commercial Bank may be the main drag on the market after posting a drop in third quarter net profit
10/17/2016
Alba Successfully Closes $1.5 Billion Syndicated Loan
Alba’s original target for the syndicated loan was to raise between US$500 to US$750 million.
10/17/2016
British expats in UAE ready to cash in on weak pound again as remittances surge
British expats are cashing in on the favourable exchange rate
10/17/2016
Dubai lender Emirates NBD posts flat Q3 net profit
Dubai's net profit dropped 1 per cent, signaling the fallout from a growth slowdown in it's economy
10/17/2016
National Bank of Kuwait Q3 net profit rises 6.4 pct
Banks in Kuwait and the rest of the Gulf are facing stronger headwinds as lower oil prices trim deposit growth and push up problem loans
10/17/2016
Global signs agreement with Allfunds Bank
This is the first agreement with a Kuwaiti entity and is in line with our strategy to work alongside leading financial institutions in the region.
10/17/2016
Union National Bank 3Q Profit Drops 15% as Interest Income Falls
3Q net 410m dirhams vs 483m yr earlier
10/14/2016
ICD buys Capitas Group
In conjunction with the launch of the new brand, the tag line ‘Energizing Enterprise’ has been chosen to better reflect the current and future direction of the company.
10/14/2016
UAE consumers 'keen to buy property'
Half of Dubai’s tenants are looking to buy their own residence in the future