Gulf countries to lead H2 rally in sukuk issuance: Moody's
The Gulf Cooperation Council countries will lead a rally in the issuance of Islamic debt or sukuk in the second…
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Insurance, industrials, banking shares help QSE top 9,400 level
Higher-than-average demand at the insurance, industrials and banking counters on Thursday lifted the Qatar Stock Exchange as much as 90…
All bets are off: Virus hits Iraq’s currency trade
In Iraq’s Kurdistan region, trading US dollars for rials from Iran was once big business. But the money exchange…
Turkey’s tumbling lira tests Erdogan’s rate resolve
Turkish central bank head Murat Uysal has stuck to the rate-cutting script since President Recep Tayyip Erdogan hired him to…
Bahrain's Sukuk Al Ijara oversubscribed
The Central Bank of Bahrain (CBB) has announced that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al…
Lebanon Central Bank tells banks to give loans to those affected by Beirut explosion
Lebanon Central Bank has told banks and financial institutions to extend exceptional dollar loans at zero interest to individuals and…
Porto Group signs joint, several guarantees with Banque Misr
Porto Group will provide a joint and several guarantees to Banque Misr to ensure Porto for Tourism Development, according to…
Qatar ADR: scope to resolve construction claims
Construction companies in Qatar can look to avoid costly litigation or arbitration proceedings by seeking to resolve disputes over construction…
Bank of America targets $3,000/oz as gold shatters price record
Gold topped $2,000 an ounce for the first time as a combination of the tumbling dollar and a collapse in…
Startupbootcamp Continues to Support the Middle East and Africa Tech Ecosystem
Founded in 2010 in Copenhagen, Denmark, Startupbootcamp supports early-stage tech founders to rapidly scale their companies by providing direct access…
Bahrain's Investcorp records $165m loss for 2019-20 financial year
Bahrain’s Investcorp slipped into a $165 million loss for the 12 months ended June 30, against profits of $131 million…
Beirut is scarred forever, says top tech startups UAE investor
On August 4, my heart skipped a beat as I kept seeing explosion in Beirut making headlines and making me…