GCC to lead growth in sukuk market
Global Islamic bond sales are expected to grow by 5 per cent this year, led by Arabian Gulf issuers amid…
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$200bn worth of rail and metro projects planned in Middle East
The MENA region is experiencing an unprecedented spate of rail investment. From Africa’s first high-speed rail network in Morocco to…
UAE wealth management sector set for increasing consolidation
The UAE’s wealth management sector is on track for increasing consolidation in the coming years, as a booming economy and…
Qatar National Bank Q3 net profit jumps 21 pct
Qatar National Bank (QNB), the largest lender in the Gulf region, reported a 20.8 percent jump in third-quarter net profit…
Barwa Bank named 'Best Islamic Financial Institution in Qatar'
Barwa Bank, Qatar's fastest growing Shari'ah compliant banking service provider, has been named the winner of "Best Islamic Financial Institution…
Wealthy Qatari investor lines up €27m approach for luxury hotel and golf resort
A wealthy Qatari investor is lining up a bid for the luxury Adare Manor hotel and golf resort, through an…
NBO's $500 MN Bond Issue 3 Times Oversubscribed
Following a highly successful international investor roadshow, National Bank of Oman on Saturday announced that the first bond issuance under…
WEF's Global Growth Companies: 3 UAE firms on list
Selected for exceeding industry standards in revenue growth, innovative business practices and leadership in corporate citizenship. Three UAE companies,…
Swicorp and Nesaj Announce Successful Closing of "Al-Dhawahi Real Estate Development Fund"
Swicorp a leading Saudi investment banking, private equity and asset management firm focused on the MENA region and Turkey announced…
Saudi Debt Law No Lure for Wary Investors
A lack of transparency could yet derail Riyadh's plan to open kingdom's debt capital market to foreigners. Saudi Arabia’s…
Mashreq, Avaya introduce UAE's first 'Smart Banking Anywhere'
Avaya SmartConnect will transform every customer touch point that Mashreq bank has, or plans to have, into a smart experience,…
Qatar seeks IMF help for development strategy
Qatar, along with four other GCC countries, has told the International Monetary Fund that it is looking for the Fund’s…