Saudi Arabia is trying to borrow billions from banks
Saudi Arabia is seeking a bank loan of between $6 billion and $8 billion, sources familiar with the matter told…
Hedge Funds & Alternative Investments
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Dubai's private sector business slows in February
Private sector companies in Dubai signalled deterioration in overall operating conditions in February for the first time in six years…
Dubai developers keep building despite weak market
Dubai developers are pressing ahead with their construction plans despite expectations that property prices will fall yet further this year,…
Standard Chartered in Talks on $2 Billion Iraq Bond Sale
Standard Chartered Plc is in talks with Iraq’s Finance Ministry to take part in a $2 billion bond sale this…
Fitch Ratings raises Turkey's growth prospect from 3 to 3.5 pct
U.S.-based credit rating agency Fitch Ratings' Chief Economist Brian Coulton announced that the agency increased Turkey's growth prospect from 3…
The First EFG Hermes One on One MENA Consensus: Taking the Pulse of MENA
Gobal institutional investors and prominent listed companies from across the Middle East and North Africa are evenly split on the…
QCB Governor Says Qatar Banks Record Good Growth in 2015
HE the Governor of Qatar Central Bank Sheikh Abdullah bin Saud Al-Thani said Qatar's banks recorded healthy growth in 2015…
These UAE firms are offering pensions to expats: Is yours on the list?
An increasing number of businesses in the UAE are already providing or looking at giving appropriate retirement and savings benefits…
Executive Director of Securities Commission Malaysia to speak at Responsible Finance Summit
The Responsible Finance Summit today announced that Mr. Zainal Izlan Zainal Abidin, Executive Director of Islamic Capital Market at Securities…
UAE’s First Gulf Bank wins approval for bond issue
First Gulf Bank, the largest lender by market value in the United Arab Emirates, has obtained shareholder approval to issue…
Turkish deputy PM Şimşek projects rapid growth in Islamic banking
Highlighting that the share of Islamic banks within the banking and financial system is nearly 5 percent, deputy prime minister…
Mid-east buyer snaps up $30m of luxury penthouses at Battersea Power Station
Investors from the Middle East account for an estimated five percent of sales at the redevelopment of London’s iconic Battersea…