Qatar National Bank says closes syndication of 2.25 bln euro 3-yr loan
Qatar National Bank (QNB) has closed the syndication of a 2.25 billion euro ($2.50 billion), three-year loan, it said on…
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Saudi Arabia does not intend to change exchange rate policy: central bank governor
Saudi Arabia does not intend to alter its exchange rate policy, newly appointed central bank governor Ahmed al-Kholifey told the…
Qatar raises US$9b in Middle East’s biggest bond sale
Qatar sold US$9 billion (RM36.83 billion) of Eurobonds, marking the biggest-ever bond issue from the Middle East where governments are…
Saudi Aramco Said to Appoint JPMorgan, HSBC for Debut Bond Sale
Saudi Aramco, the world’s largest oil exporter, is working with JPMorgan Chase & Co., HSBC Holdings Plc and Riyad Bank…
Emirates NBD Bank hold lunch banquet in honour of senior shareholders
Emirates NBD Bank yesterday held a lunch banquet in honour of its senior shareholders at its main office. The…
UBF examines reporting standards
The CEO Advisory Council of the UAE Banks Federation, the professional body representing 49 banks in the UAE, on Tuesday…
Gulf bond sales return, and this time it’s none of your business
Gulf borrowers are back in the bond market, and a new pattern is emerging. As debt sales from issuers…
India cross border investments set to surge
The recent reciprocal visits by leaders of the UAE and India had reinforced the commitment between the two nations to…
1MDB Bond Fates Diverge as Abu Dhabi Vow Trumps Najib Support
The fortunes of bonds in Malaysia’s troubled investment fund are diverging this month: those guaranteed by Abu Dhabi’s sovereign wealth…
Banque Du Caire delays launch of new fund by three months
Egypt's third biggest public lender Banque Du Caire has decided to delay the launch of its new investment fund by…
Abu Dhabi Securities Exchange Wins the 4th Middle East Financial Markets Excellence Award
Abu Dhabi Securities Exchange has won the 4th Middle East Financial Markets Excellence Award which is granted annually by the…
Emirates Islamic closes US$ 750 million Sukuk issuance
Emirates Islamic has announced that it had successfully closed the issuance of a US$ 750 million 5-year Sukuk from its…