International law firm boosts Middle East TMT practice
Allen & Overy has announced that alumnus Tom Butcher is returning to the firm as a partner to head up…
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Oman c.bank chief: rising bond yields driven by market
A rise in yields of domestic Oman government bonds is driven by the market, and the central bank does not…
Souq.Com Raises $275 Million In Biggest E-Commerce Funding In The Middle East
E-commerce heats up in the Middle East. Souq.com is not the only company that raised a ton of money. …
Gulf bank liquidity fears are 'manageable': NBAD CEO
Concerns about the stability of the banking sector in the Middle East should be looked at on a country by…
Income tax department examining HSBC reply in blackmoney case: CBDT
The Income Tax department is scrutinising a reply sent to it by HSBC bank after the taxman recently issued notices…
Singapore's UOB partners with Israeli crowdfunding platform
Singapore's United Overseas Bank said it would invest $10 million in Israel-headquartered crowdfunding platform OurCrowd as part of the companies'…
Carillion to partner with Oman’s sovereign wealth fund to build hospitals
Contractor Carillion has signed an agreement with Oman’s sovereign wealth fund that could see the pair developing a number of…
Qatar Investment Authority inks $1.34bn deal to buy Los Angeles offices
Qatar’s sovereign wealth fund has signed off a $1.34 billion deal to buy four office buildings in Los Angeles. …
A strategic partner for global growth
With its huge sovereign wealth fund and role as one of the largest foreign investors globally, the little Gulf nation…
Islamic Development Bank sets final guidance for 5-yr dollar sukuk – leads
Jeddah-based Islamic Development Bank has set final price guidance for a dollar-denominated sukuk issue of five years duration, which it…
NBAD counting on beefed up retail operation and new strategy to pay off
National Bank of Abu Dhabi said it expects the investment it has made over the past two years into various…
World's super-rich up spending on luxury assets despite squeeze on wealth
The population of super-rich individuals may be shrinking, but it seems the world's wealthiest are still finding the cash to…