UAE fund Mubadala plans overseas investments
Abu Dhabi state-owned fund Mubadala Investment Company is lining up new overseas investments in 2017 and may also sell or…
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Indonesian Sukuk raise Dubai listings to new global record above $50billion
The government of Indonesia has listed two Sukuk with a total value of 3 billion US dollars on Nasdaq Dubai.…
Top UAE law firm sets up tax unit ahead of VAT launch
Al Tamimi & Company, the largest law firm in the Middle East, has established a dedicated tax practice ahead of…
Lebanon's first state budget in 12 years aims to reduce deficit
Lebanon's first state budget in 12 years aims to narrow the deficit to 8.7 percent of national output this year…
Bank Sohar Launches Excel Visa Signature Credit Card
Bank Sohar has launched its all-new Excel Visa Signature Credit Card. It is a premier card and positioned alongside…
Saudi top 20 brands valued at $37bln
The first BrandZ brand valuation ranking of Saudi Arabian brands by WPP and global research specialists Kantar Millward Brown, in…
Dubai listings hit record high of over $50bn
Two Indonesian sukuk listings with a total value of $3 billion in Nasadq Dubai have raised the total nominal value…
ABK completes maiden $500 million senior unsecured bond issue
This is the debut bond issue for ABK and the first since its acquisition of Piraeus Bank – Egypt in…
Gulf Arab bank profits fall
Profits in GCC banks have declined by 3.2 per cent for the first time since 2008, with the revenue figure…
UAE's FGB bank customers can now withdraw money from NBAD's ATMs at 'no cost'
Abu Dhabi-based First Gulf Bank has announced that its customers can now use National Bank of Abu Dhabi's automatic teller…
Barclays Qatar SFO charging deadline said to be moved to May
Charging decisions over Barclays Plc’s 2008 emergency fund-raising from Qatar may not come before May after the UK Serious Fraud…
Iranian sovereign fund targeting healthcare, high-tech
Iranian sovereign fund IFIC is targeting investments in the healthcare and high-tech sectors in the hope of improving the lives…