09/18/2019
The developer earlier said that it had hired Standard Chartered as sole global coordinator while other banks involved in the transaction were Dubai Islamic Bank, Deutsche Bank, Emirates NBD Capital, First Abu Dhabi Bank, Mashreq and Sharjah Islamic Bank.
09/17/2019
The report shows that overall operating income across the sector improved marginally from Q1 2019, largely driven by consolidation activity in the sector as the merger of ADCB with Al Hilal Bank and UNB completed in the spring.
09/16/2019
“Aligning strategic imperatives to the disruptive forces in energy will be essential for organizations across the energy value chain to thrive,” said Bjorn Ewers, Managing Director and Partner at Boston Consulting Group.
09/11/2019
Trade turnover and volumes were on the decline in the bourse, where the banking, realty and industrials sectors together accounted for more than 85% of the total volume.
09/11/2019
The transaction has received orders of nearly $2.5 billion, including $300 million of interest from the banks arranging the deal, said the document.
09/10/2019
Aramco's flotation, which could be the world's biggest IPO, is key to raise money for Crown Prince Muhammed Bin Salman's plans to diversify the Saudi economy away from oil revenues and has rapidly regained momentum over the past few days.