Qatar posts robust 5.6% real growth in Q3 of 2020: PSA
A strong rebound in wholesale and retail trade, hospitality, utilities, information and communication, and manufacturing sectors helped Qatar post a…
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CBO bond issue gets overwhelming response
The Central Bank of Oman said on Wednesday that it has received an overwhelming response from investors for its 66th…
Mansour bin Zayed chairs UAE Central Bank board meetingMeeting agenda included suggestions for banking supervision
The Board of Directors of the Central Bank of the UAE has held its regular meeting at Qasr Al Watan,…
Crédit Agricole Egypt signs a cooperation protocol with Dsquares to launch the first loyalty program availing online redemption
Crédit Agricole Egypt signed a cooperation protocol with Dsquares to redesign and upgrade the technological solutions for its new loyalty…
Riyad Bank plans to launch up to $2.67bn sukuk progam
Riyad Bank plans to establish a domestic SAR-denominated sukuk issuance program of up to SR10 billion ($2.67 billion), the bank…
Saudi Arabia closes January domestic sukuk issuance worth $790m
The National Debt Management Center closed the January 2021 issuance under the Saudi Arabian Government SAR-denominated sukuk program, the Ministry…
Most Gulf markets end higher with Dubai leading gains
Most stock markets in the Gulf ended higher on Wednesday, with Dubai leading gains boosted by its top lender Emirates…
Bank Audi sal and FAB sign definitive agreement for the sale and purchase of 100% of Bank Audi sae (Egypt)’s share capital
Transaction expected to be completed within the next few months, subject to regulatory approvals FAB’s first international acquisition in line…
Walkers acts as BVI counsel to Kerogen's disposal of stake in Energean Israel Limited
Walkers (London) has acted as British Virgin Islands (BVI) law counsel to Kerogen Investments No. 38 Limited ("Kerogen"), a part…
Masdar, Emirates NBD Asset Management to provide services for UAE’s first ‘green’ REIT
Masdar, a subsidiary of Mubadala Investment Company and a pioneer in sustainable urban development, has partnered with Emirates NBD Asset…
HSBC launches Sustainable and Transition Finance team in Middle East
HSBC has announced the formation of a dedicated Sustainable and Transition Finance Team in the Middle East, North Africa and…
Ahli Bank, Oman, Becomes SunTec’s 50th Customer for its Indirect Taxation Solution
SunTec’s GCC VAT compliance solution to help Ahli Bank automate end-to-end VAT compliance process, manage regulatory changes, and seamlessly integrate…