Banks in Kingdom ‘ready to accommodate bond issues’
In early August 2015, the Saudi government issued SR20 billion in local currency debt subscribed by public institutions and local…
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Mega Bank to open branch in Abu Dhabi in early 2016
Mega International Commercial Bank 兆豐商銀, the banking flagship of Mega Financial Holding Co. 兆豐金, said Thursday that it is scheduled…
Jordan launches first offering of Islamic bonds this month
The government will launch the first issuance of Islamic bonds, sukuk, this month worth JD150 million, Finance Ministry Secretary General…
Qatari luxury shop looking to sublease space on Madison
Qatari fashion brand Qela’s retail store on the Upper East Side’s “Gold Coast” remains empty more than a year after…
DIFC aims to host 100 Indian firms as a part of long-term strategy
As a part of its recently announced 2024 growth strategy, DIFC aims to increase the number of Indian firms to…
Moody's: Al Ahleia's acquisition of Kuwait Re constrains capital position and financial flexibility
Moody's expects that Al Ahleia's acquisition of Kuwait Re will have a negative impact on Al Ahleia's capital position and…
St James’s Place boosts number of advisers in Asia and eyes UAE
There are now 70 partners and advisers in Hong Kong, Singapore and Shanghai, up from 51 at the start of…
S&P reaffirms IDB ‘AAA’ rating
Standard & Poor’s, one of the world’s leading credit rating agencies, reaffirmed the Islamic Development Bank’s ‘AAA’ credit rating with…
Bahrain leads MEA region in FDI strategy
Bahrain has ranked first for its foreign direct investment strategy in the Middle East and Africa region, according to a…
DIFC wants to double number of Indian banks it hosts
Dubai’s financial hub is in talks to double the number of Indian banks in the free zone as wealth managers…
Innovation key to diversifying Qatar economy: QDB executive
As falling oil prices continue to impact global economies, innovative non-hydrocarbon businesses play a significant role in diversifying Qatar's economy,…
UAE Real Estate Market Safe Haven For Foreign Investors
The Middle East’s largest and most influential property show Cityscape Global expecting significant British participation. Cityscape Global sees 30%…