Saudi Binladin creditors agree to $1.1bln financing extension
Saudi Binladin Group’s (SBG) creditors have agreed to extend by two years a 4 billion riyal ($1.1 billion) Islamic credit…
Regulation, Risk & Compliance
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Islamic finance aims for easier sukuk investment with proposed new standards
Two top standard-setting bodies are proposing new guidelines for Islamic bonds that could increase investment in the instruments by making…
ASAR acts as Kuwait legal counsel on dual-tranche $8 bn issuance
Al Ruwayeh & Partners, Kuwait's leading and most prominent corporate law firm, and one of the region's top tier law…
UAE slams continued Israeli colonisation of the West Bank
The Permanent Representative of the UAE to the United Nations, Ambassador Obaid Salem Al Za’abi has slammed ongoing Israeli colonisation…
New Regime for Security over Movables in the UAE
UAE Federal Law No. 20 of 2016 on Mortgages of Movables was published in the Federal Gazette on 15 December…
UAE credit growth picks up pace in February led by GRE borrowing
Credit growth in the UAE strengthened to 0.5 per cent month on month in February, the fastest pace since September…
Qatar's fiscal deficit projected to shrink further
Qatar’s fiscal deficit is projected to fall to 5 percent of GDP or $8.7bn this year. The deficit is…
Laptop ban hits Gulf airlines in battle for business travellers
A ban on laptops in plane cabins bound for the United States from some cities could deal a blow to…
Saudi Aramco to launch first public bond sale
Saudi Aramco is set to launch its first public bond sale, of around $2bn, as soon as this month, as…
Dubai a top destination for Greenfield FDI Projects
Smart Cities will be in the driving seat of the clean tech revolution as we head towards zero emissions cities…
U.K. Serious Fraud Office to Decide Soon on Barclays Qatar Charges
The head of the U.K.’s Serious Fraud Office said Tuesday it would decide soon whether to file charges against Barclays…
PH eyes bank dedicated for OFWs in Bahrain
Finance Secretary Carlos Dominguez III is exploring the possibility of opening a subsidiary of the Land Bank of the Philippines…