Saudi's Alawwal Bank gets regulatory approval for derivatives trading unit
Saudi Arabia's Alawwal Bank said on Thursday it had received regulatory approval to set up a fully owned subsidiary that…
All Articles
Explore our comprehensive collection of financial insights, market analysis, and wealth management strategies.
47764 articles available
Investment funds achieve moderate performance in 2016
While interest rates were stable over the first 10 months of 2016 at 12.5%—and significantly increased after the Egyptian pound’s…
Naeem joins Nasdaq Dubai equity futures
Leading brokerage Naeem Shares & Bonds said it has joined Nasdaq Dubai’s equity futures platform as a member, in order…
Bahrain's Gulf Int'l Bank launches $500 mln bond at MS +170 bps -leads
Bahrain's Gulf International Bank launched on Wednesday a $500 million Reg S bond with a final spread of 170 basis…
DHR International Partners With Mercer Middle East
Mercer Middle East has entered into a strategic partnership with DHR International, to provide each partner’s customer bases with a…
Saudi's National Commercial Bank Q4 net profit up 7.5 pct
Saudi Arabia's National Commercial Bank, the kingdom's largest lender, reported a 7.5 percent rise in fourth-quarter net profit on Wednesday.…
Dubai's Abraaj to sell Entertainer stake, sees IPO for Careem – CEO
Abraaj Group, a Dubai-based private-equity firm, plans to offload its stake in discount voucher business The Entertainer this year, and…
Kuwaiti Wealth Fund May Pull Billions From External Managers
Kuwait Investment Authority is planning to manage more of its own assets as the world’s fifth-largest sovereign wealth fund seeks…
Why We're in Talks With UAE Investors
Costa Rica President Luis Guillermo Solis discusses his talks with UAE investors aimed at raising $1 billion for projects and…
QP concludes high performance boards programme for senior Qatari directors
Qatar Petroleum held the “Qatar Petroleum High Performance Boards Award” ceremony on Monday, marking the conclusion of a specialised nine-month…
Qatar National Bank raising $1 billion loan from Asian lenders
Qatar National Bank QNBK.QA, the largest bank in the Middle East and Africa by assets, is raising a $1 billion,…
Sukuk issuance in core markets rose by 26 per cent in 2016
This represented 28.5 per cent of total bond and Sukuk issuance in these markets in 2016, down marginally from 29…