07/08/2016
The energy-producing states of the Persian Gulf are issuing bonds at the fastest clip ever, showing how the oil bust is reshaping the region’s finances despite a near doubling of crude prices this year.
07/08/2016
The loan was secured at the bank’s branch at the Dubai International Financial Center in the UAE.
07/06/2016
The initial financing will be used to start construction of a two million square metre Russian industrial zone at Egypt’s Port Said, local media said.
07/06/2016
The sector's heavy exposure to the cyclical real-estate and financial services sectors poses a risk if property or other asset prices slump, EIU said.
07/05/2016
Barwa made a net profit of 1.20 billion riyals in the first half of 2016
07/05/2016
Al Jaber will now need to get an additional Dh3.9 billion ($1.06 billion) after already raising Dh1.3 billion ($353 million) from previous sales, it said in its presentation to creditors last week, according to the people.
07/05/2016
The global investment firm is planning to open an office in Dubai to further boost its Africa presence
07/04/2016
It is a strategic move for HSBC as it provides the bank with an address that is more legitimate and suitable to its Middle East business activities.
07/04/2016
Saudi Energy Minister said he hoped Saudi investments could increase to cover all Chinese provinces and that there was room to grow bilateral trade in both energy and other hydrocarbons products.
07/04/2016
The company bested 49 competing companies to secure the leading position at the DFM.
07/01/2016
The bank’s principal activities include retail banking, investment banking, treasury, capital markets, private banking and asset management, corporate banking, e-banking services, Islamic banking, and other services.
06/29/2016
They have supported the initiatives from its initial stages, and invested equally in the Fund by a combination of cash and shares in kind.
06/29/2016
A note from Riyad Capital said that tight liquidity and pressure on deposits are among the biggest challenges facing the banking sector this year.
06/29/2016
The kingdom is planning to sell hundreds of state assets to bolster its finances and reduce its dependence on oil.
06/29/2016
A delegation discussed the latest developments and best practices for banking and finance education and training, as well as opportunities and initiatives to strengthen the unity of the council.
06/29/2016
The Dubai Marina emerged as the top-performing area with AED 578 million in sales, thus thwarting a further decline in a maturing market for specific localities.
06/29/2016
Since oil prices began to slide two years ago, the kingdom has been hit with a string of ratings downgrades from all major international agencies.
06/29/2016
The price limits of 15% up and 10% down are applied on the ETF units from the first day of listing.
06/29/2016
This partnership with Bidaya is also an enabler of property ownership desires in Saudi Arabia.
06/29/2016
Government support for the merged institution will continue to be strong even if the government of Abu Dhabi shareholding were to fall below 50 per cent.