Saudi Arabia's King Abdullah dies
Saudi King Abdullah bin Abdulaziz al-Saud has died in hospital, the Royal Court said in a statement early on Friday…
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3 Recent Events That Will Rock Middle East Economies
The Kingdom of Saudi Arabia and Libya are home to massive pools of cash derived from oil wealth. Both of…
St. James’s Place Started Talks to Explore Middle East Base
St. James’s Place Plc (STJ) has started talks with authorities in the Middle East to potentially create a base in…
Dubai property investments surge
Property investments in Dubai totaled 109 billion AED (£19.56 billion) last year, according to official new figures. The statistics…
Opportune time for corporates to issue sukuks in UAE
Falling oil prices may prompt governments to reduce their deposits in banks, thereby crimping liquidity in the system. Corporates…
Indonesia property market lures growing Gulf attention
The Indonesian property market is increasingly getting into the focus of international investors, among them companies from the Middle East,…
Qatar boosts Middle East M&A to $22.7 billion at highest level in 2014
The value of announced mergers and acquisitions (M&A) deals with any Middle Eastern involvement jumped to $22.7 billion in the…
Catholic Syrian Bank likely to go public next fiscal
Kerala-based private sector lender Catholic Syrian Bank (CSB) is likely to enter the capital market during the first quarter of…
Al Hilal Bank says CEO not leaving
Abu Dhabi’s government-owned Al Hilal Bank said on Thursday its chief executive had not resigned, correcting an earlier comment from…
Kier lands £145m in Middle East contracts
In Dubai, it has been named preferred bidder for a £100m mixed-use development and two infrastructure contracts totalling £15m as…
Abu Dhabi's Al Hilal Bank says CEO Berro resigns
The chief executive of Abu Dhabi government-owned Al Hilal Bank, Mohamed Jamil Berro, is leaving for personal reasons, a spokeswoman…
Bahrain Development Bank and Arab Business Leaders signed a Memorandum of Understanding
His Excellency Sheikh Hesham Bin Mohamed Al Khalifa, Deputy General Manager for non-financial services of Bahrain Development Bank and Houssam…