10/17/2014

Singapore’s UOB targets Dubai in futures push

United Overseas Bank, Singapore’s third-largest bank by assets, has become the first bank in the Asian city-state to expand its futures business to the Middle East, with plans to become a clearing member of the Dubai Mercantile Exchange.

10/15/2014

First Gulf Bank Sells 45% Stake In Brokerage

First Gulf Bank, the second largest lender by market capitalisation in the United Arab Emirates, on Wednesday said it was selling its 45 per cent stake in brokerage First Gulf Financial Services to an Abu Dhabi investment company.

10/12/2014

Qatar seeks IMF help for development strategy

Qatar, along with four other GCC countries, has told the International Monetary Fund that it is looking for the Fund’s help to develop a better ‘inclusive development strategy’.

10/12/2014

NBO's $500 MN Bond Issue 3 Times Oversubscribed

Following a highly successful international investor roadshow, National Bank of Oman on Saturday announced that the first bond issuance under its new euro medium-term note programme was more than three times oversubscribed.