Saudi forex reserves rise for second month
The Saudi Arabian central bank’s foreign reserves rose in November for a second straight month, in a sign that higher…
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Egypt's central bank keeps interest rates unchanged
Egypt's central bank kept its key interest rates unchanged on Thursday, it said in a statement, in line with a…
Gulf energy firms issue record $28.7bn debt in 2017
Gulf energy companies issued record debt this year as producers opted to exploit lower borrowing costs to fund expansion plans.…
Realty, insurance, transport buying lifts Qatar bourse
The Qatar Stock Exchange was back in the positive trajectory on an across-the-board buying, particularly at the realty, insurance and…
Saudi foreign reserves rise in November for second straight month
The Saudi Arabian central bank’s foreign reserves rose in November for a second straight month, in a sign that higher…
Apple and Amazon in talks to establish a presence in Saudi Arabia
Apple and Amazon are in licensing discussions with Riyadh on investing in Saudi Arabia, two sources told Reuters, part of…
ACC summons ex-chair, MD of AB Bank
The Anti-Corruption Commission has summoned AB Bank's immediate past chairman M Wahidul Haque and a former managing director today for…
Sharjah developer secures $270m funding for mega project
Sharjah developer ARADA on Thursday said it has secured a syndicated loan of AED1 billion ($270 million) from two major…
Footballers ‘prefer’ Turkey due to low income tax rate
Turkey is one the most preferred countries among football players as the income tax rate in the country is lower…
Financial Oil Trading Booms, Especially in the United States
Financial oil trading is booming, hitting records this year, with volumes in U.S. contracts outpacing growth elsewhere on the back…
UAE non-oil growth to surge to 3.7pc in 2018
A pickup in the pace of preparations, especially in the tourism and construction sectors, for Expo 2020 Dubai will support…
Money laundering: AB Bank ex-chairman M Wahidul Haque at ACC
The interrogation started at ACC headquarters around 9:00am, commission’s Press Relations Officer Pranab Kumar Bhattacharya told The Daily Star …