Bahrain's GFH Financial hires GIB to seek Saudi listing
Bahrain-based investment firm GFH Financial Group has hired Gulf International Bank to help it seek a cross-listing on Saudi Arabia’s…
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UAE ready to manage oil price strain
The UAE's low aggregate debt stock and high level of reserves leave it well-positioned to comfortably manage any strain it…
Commercial Bank of Dubai appoints new CFO
Commercial Bank of Dubai on Sunday announced the appointment of Darren Clarke as the bank’s new Chief Financial Officer. …
SAGIA aims to get Kingdom in top 20 for ease of doing business by 2020
Saudi Arabia wants to be in the top 20 countries measured by “ease of doing business” by 2020, the head…
UAE, Saudi PMI fortunes diverge in April
The fortunes of the UAE and Saudi Arabia’s non-oil private sector diverged in April as a key gauge showed that…
Nomura: Remittances may take a hit from Kuwait deployment ban
A permanent ban on the deployment of Filipino workers to Kuwait may affect remittances in the medium-term, with dollars flowing…
CBK win kbc trophy boubyan bank fall in final
Kuwait Cricket held the Finals for the most prestigious KBC T20 Champions Trophy sponsored by the Kuwait Banks Club at…
Abbas re-elected as chairman of PLO exec committee
Palestinian leader Mahmoud Abbas was re-elected as chairman of the Palestine Liberation Organisation’s (PLO) Executive Committee on Friday, as the…
Maldives lists $100m bond in Abu Dhabi
Abu Dhabi Securities Exchange has announced the listing of a $100m sovereign bond issued via an Abu Dhabi Fund for…
Qatar has substantial capacity to diversify economy: IMF official May 03 2018 09:14 PM
The International Monetary Fund's Middle East and North Africa department director, Mohammed El Qorchi, said the State of Qatar has…
Saudi private sector sees worst month in nine years
Saudi Arabia’s non-oil private sector had another dismal month in April, with the slowest improvement in business conditions for nine…
Islamic finance can help GCC countries achieve their Visions
Countries throughout the Gulf Cooperation Council are drawing up sweeping plans to transform themselves into diverse, advanced economies no longer…