Saudi Arabia to issue domestic ‘sukuk’ Islamic bonds this month: Media reports
Saudi Arabia will issue a local currency sukuk, or Islamic bond, this month, Saudi finance minister Mohammed al-Jadaan told Al…
Regulation, Risk & Compliance
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IFC invests $26.2bn in funding startups across MENA region
The International Finance Corporation, which recently took part in the $2.5m fund that was raised by Palestine’s Ibtikar, is heavily…
Andersen Global Initiates Expansion in Egypt
Andersen Global is proud to announce the addition of a presence in Egypt by way of a Collaboration Agreement with…
Qatar’s financial stability is a resilient model
When I meet people, I am often asked about the current political crisis impacting the GCC and Qatar and I…
Failed coup takes toll on Turkey's foreign policy
The consequences of the failed July 15 coup in Turkey increased Ankara's international isolation, exposing shortcomings in the government's sometimes…
Saudi, UAE banks stand to lose if they cut financial ties with Qatar
Banks in Saudi Arabia and the UAE will be “materially impacted” should the Gulf Cooperation Council decides to sever financial…
Tillerson arrives in Kuwait to push for Qatar resolution
US secretary of state Rex Tillerson will visit the UAE, Saudi Arabia and Qatar after a meeting with Kuwait’s top…
Abu Dhabi Financial Group lifts stake in Noble
A fund controlled by the Abu Dhabi Financial Group has increased its stake in Noble Group, the crisis-hit commodity trader,…
Iran, Turkey mull free trade plan to boost cooperation
Iran and Turkey are mulling a plan to achieve free trade between the two countries based on an earlier agreement…
UAE envoy to US linked to Malaysia 1MBD scandal, say reports
Companies connected to the UAE envoy to the US received $66mn from offshore accounts that contained money allegedly embezzled from…
Saudi Arabia’s multibillion corporate collapse: Al-Gosaibi exec on his role in 8-year saga
The collapse of the Saudi Arabia-based Al-Gosaibi business in 2009 was a seismic event in the financial world, and in…
Qatar investments in Philippines firmly 'on track', says official
Several Qatari investors are in the process of registering their companies with the Securities and Exchange Commission and the Philippine…