Japan's Mitsubishi UFJ bank optimistic on Saudi project finance, Aramco IPO role
Mitsubishi UFJ Financial Group expects double-digit growth in its project finance business in the Middle East in 2017, driven partly…
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Capital Market Authority cancels three brokerage licences in Oman
Oman’s stock market regulator Capital Market Authority on Sunday cancelled licences of three brokerage firms – Al Shurooq Securities, Tawasul…
Axis Bank to raise funds from Dubai
The board of directors of Axis Bank have passed a resolution approving the allotment of 3-year Senior Floating Rate Notes…
Commercial Bank workshop browses over its corporate Internet banking
Commercial Bank recently hosted the first workshop of a series planned for the year “to demonstrate the features and benefits”…
Saudi bourse to start new settlement period on April 23
Saudi Arabia’s stock exchange said it would extend the period for settling trades and introduce short-selling on April 23, reforms…
QSE edges lower as Gulf institutions book profit
The Qatar Stock Exchange opened the week weak and its key index fell 32 points as Gulf institutions were increasingly…
Emirates Global Aluminium plans IPO, banks pitch for role
Emirates Global Aluminium, one of the world’s top five producers, has invited banks to pitch for a role in its…
Lankan group secures $35m funding from ME banks
People’s Leasing & Finance, an industry leader in Sri Lanka, said it has successfully raised $35 million in funding from…
Is Saudi Arabia the next startup haven?
It's no secret that Saudi Arabia has long been known as the centre of oil. Ever since commercial-grade crude was…
$322 billion private equity investments in emerging markets remain elusive for Middle East
The exclusive event is designed to open the floor for discussions on new business development and exchange ideas on the…
Islamic Development Bank mandates 5 banks for sukuk
The Islamic Development Bank has appointed banks for a potential U.S. dollar-denominated sukuk issue, banking sources said on Monday. …
Alkhabeer Capital records 6 percent increase in net income
Alkhabeer Capital, a leading asset manager specializing in alternative investments, announced today its financial results for the fiscal year ended…