11/30/2020
Sohar International concludes $100mln loan syndication
Sohar International had mandated United Arab Emirates based Mashreqbank on its behalf, to lead and arrange the syndication
11/30/2020
RAK Finance Department, Emirates Auction strengthen cooperation in organizing online auctions
To organize exclusive auctions for selling all RAK Government-owned assets
11/30/2020
Business Excellence Awards: RAK Bank's Al Hamra Branch wins coveted recognition
Award part of Dubai Economy's Dubai Service Excellence Scheme
11/30/2020
ADIB Securities reports strong US share trading amid market volatility
Over the last ten months, ADIB Securities has quadrupled its customer-base for those trading U.S. stocks; and which has helped it triple its revenue in 2020 for the U.S. desk
11/30/2020
Outlook 2021: Challenging outlook offers varied picture for GCC banks
The GCC governments’ measures to help corporates and individuals navigate the challenging environment have taken various forms
11/30/2020
Divestment represents part of major global consolidation move by French insurer
11/30/2020
The aggregation model works to provide advice for clients on business requirements to help enact a one-stop shop for banking products.
11/27/2020
Sarwa Capital announces closing of its EGP 2.5bn inaugural Sukuk issuance
The proceeds will be used for further expansion of Contact Credit and its affiliate companies.
11/27/2020
Qatar may attract FDI through PPP initiatives to meet healthcare sector demand: Alpen Capital
According to Alpen Capital, Qatar has already introduced compulsory health insurance for residents, enabling them to access affordable services at private facilities as well.
11/27/2020
The oil-rich region saw a second consecutive year of record international bonds, topping $100 billion, as issuers' finances were battered by the COVID-19 pandemic along with low oil prices, with a few issues still possible before year-end
11/27/2020
Saudi Aramco announced yesterday, Nov. 25, the successful completion of $8 billion senior, dollar-denominated bonds, unsecured by assets under its Global Medium-Term Note (GMTN) Program, data compiled by Argaam showed.
11/27/2020
The two countries on Thursday signed a total of 10 new deals to further advance their relations.
11/27/2020
Among the top losers, Dlala Brokerage & Investment Holding Company fell 4.7 percent, while Mazaya Real Estate Development was down 3.3 percent.
11/26/2020
Since the UAE and Israel agreed to normalize relations in August, the two countries have signed a host of accords to boost economic and business ties
11/26/2020
Turkey has recently imposed new measures to combat the coronavirus outbreak, as new daily symptomatic cases and deaths reached record levels in recent days.
11/26/2020
Shrinking interest margins and higher provisions continue to hurt bank earnings
11/26/2020
The Dubai benchmark has gained for the past four sessions in a row.
11/26/2020
Net asset value lowered by $32mln in September due to COVID-19 slowdown
11/25/2020
Dramatic overhaul of corporate ownership laws follows accelerated reforms to shrug off pandemic slowdown
11/25/2020
Gulf families shift to ‘responsible investing’
Millennials lead the trend to sustainable assets among wealthy, survey finds