New standards could have unintended risks to issuers
Dubai: Rating agency Standard & Poor’s has a positive view of the new requirements for Sharia governance and disclosures proposed…
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Saudi Arabia's Alawwal Bank, SABB merger "on track" for H1 completion
Saudi Arabia’s Alawwal Bank and the Saudi British Bank are on track for a merger to take place in the…
Qatari businessmen keen to invest in Pakistan in diverse areas
Qatari businessmen and investors on Tuesday expressed interest to invest in Pakistan in diverse areas, including hospitality, large-scale manufacturing, transportation…
QNB Group recognised as most valuable banking brand in MEA
QNB Group was recognised as the most valuable banking brand in the Middle East and Africa (MEA) once again with…
Al Rajhi Capital unveils flagship ‘passive’ fund
AL Rajhi Capital, has launched the ‘Al Rajhi MSCI Saudi Multi Factor Index Fund’. This fund is classified as…
Real estate investment trusts lower entry barrier for investors
Individual retail investors in the UAE are increasingly looking at real estate investment trusts (Reits) to access property portfolios without…
Saudi Arabia unveils seven principles to raise investment
Saudi Arabia has unveiled seven investment principles, issued by royal decree and based on international best practice, that will support…
Lebanese Default Risk Prompts Moody's Downgrade Deeper Into Junk
Lebanon wasn’t spared a debt rating downgrade that pushed it deeper into junk, hours after Qatar unveiled a plan to…
Two Gulf Banks Close to Deciding on Mega Merger
Kuwait Finance House and Bahrain’s Ahli United Bank BSC’s boards will meet this week to consider valuation reports on a…
Bahrain got first funds from Gulf aid last year – c. bank governor
Bahrain has received the first instalment of a $10 billion aid package pledged by its Gulf allies last year, its…
2019 may be a ‘banner year’ for UAE markets
First Abu Dhabi Bank expects the UAE equity markets to rally in 2019, boosted by a weaker dollar, higher oil…
Traded value falls on Dubai bourse
Traded value fell by a half on Tuesday amid waning interest from speculators as Dubai index continued its losing streak…