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Bank Muscat hires banks for dollar 5-year bonds – document
Bank Muscat has hired a group of international and regional banks to arrange an issuance of U.S. dollar-denominated five-year bonds,…
Saudi wealth fund PIF to support corporate credit growth, S&P says
Investments by Saudi Arabia's wealth fund Public Investment Fund will support credit growth among companies in the kingdom, ratings agency…
Ashurst advises on $516 million ADES International takeover
Ashurst has advised ADES Investments on the proposed $516 million takeover of ADES International by Innovative Energy Holding, a newly…
Secret guilty plea revealed in US Panama Papers criminal probe
A third person has pleaded guilty to financial crimes as part of a probe sparked by the Panama Papers investigation,…
Rotating the Old Normal
• Global growth data is strong and getting stronger • The upward pressure on bonds yields is here to stay…
National Bank of Oman appoints Chief Internal Auditor
National Bank of Oman, has announced the appointment of Salah Al Sharji as Chief Internal Auditor. A certified internal audit…
Middle East businesses wanting to enhance their ESG agenda encouraged to sign up to 'Living Business'
Businesses in Bahrain, Egypt, Oman, Qatar and the United Arab Emirates (UAE) that want to improve their approach to environmental,…
Dukhan Bank announces its 2020 financial results
Dukhan Bank announced its financial results for the year 2020, which concluded with strong positive indicators across all fronts. …
Borsa Istanbul CEO Atilla takes leave sparking speculation he’s set to be replaced
Hakan Atilla, the former Turkish banker who served a prison sentence in the US for helping Iran evade sanctions, has…
Saudis dominate Forbes Middle East’s 2021 list of top CEOs
Saudi executives dominated Forbes Middle East’s ranking of the best corporate leaders in the region, with Aramco chief Amin Nasser…
Starling Bank Attains Unicorn Status With Latest $373 Million Share Sale
Britain's Starling Bank is scheduled to announce that it has raised about $373 million from investors led by Fidelity Management…