08/22/2016
Despite geo-political risks in the region and the economic pressures of falling oil and gas prices, the Gulf continues to offer significant opportunities on the back of government spending and, in particular, extensive energy and infrastructure developmen
08/22/2016
The administrator of Mansouri’s estate sought information about the transfers from two London investment firms, Acropolis Capital Partners Ltd. and Acropolis Capital Management Ltd., that refused to provide records.
08/19/2016
The demand was fine and most banks participated," said the official, who added that bids by banks for conventional bonds had exceeded the amount offered by 50 million riyals, and for sukuk by SR2.4 billion.
08/19/2016
The workers would not need bank accounts to do this, making the technology unique and easy to use for low income workers.
08/19/2016
Previously, the CMA had said foreign institutions would be permitted to buy shares directly from IPOs only on a case-by-case basis
08/19/2016
It is not possible for a unilateral decision to be passed without a battle.
08/19/2016
The investigation has also lead to a sweeping purge of the military, civil service, police, and judiciary, with nearly 80,000 removed from public duty.
08/18/2016
Referring to China as one of the biggest trade partners of Iran in recent years and the upward trend of trade between the two countries
08/18/2016
The agreement will prove instrumental in strengthening and accelerating the pace of safe and hassle-free digital payments in the country.
08/18/2016
The firm advised the bank on its issuance of USD 250.000.000 Tier 1 Capital Sukuk that represented the first ever Basel III compliant Sukuk issuance.
08/17/2016
The proceeds would be used to enhance the bank's capital base in line with Basel III global banking standards, it said. Basel III, which requires banks to hold more capital, is being phased in until 2019 in Kuwait.
08/17/2016
The successful auction follows Qatar's nine billion dollar sale of Eurobonds in May 2016.
08/16/2016
After years of turmoil, the country appears to be stabilizing, attracting deal-scouting executives
08/16/2016
Cash remittances from land-based and sea-based workers summed up to $10.4 billion and $2.8 billion, respectively.
08/15/2016
The law aims to increase the pace and reliability of banking transactions in Turkey.
08/15/2016
A central bank official said results of the offer would be known on Tuesday
08/14/2016
The Rules include lowering the minimum value of the assets under management to be SR3,750,000,000, rather than SR18,750,000,000 ($1 billion or more instead of $5 billion or more).
08/12/2016
Programme aimed at plugging a budget gap and rebalancing the currency market
08/12/2016
Banks normally check the volume of business of their regular customers in Lebanon and abroad and verify if these transfers are in line with the size of revenues they generate each year.
08/12/2016
$21 million in income in Israeli banks