National Bank of Kuwait gets regulatory nod for capital raise
National Bank of Kuwait said on Sunday it had received approval from the country's Capital Markets Authority for its proposed…
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Saudi Arabia set for a 'Yellow Oil' Revolution
Saudi Arabia is on the cusp of developing another source of energy that would be sought-after throughout the world, known…
Credit Suisse Publishes Sixth Annual Emerging Markets Consumer Survey
The Credit Suisse Research Institute has published its sixth annual Emerging Consumer Survey a detailed study profiling consumer sentiment and…
Turkey is scrambling to stop hedge funds from driving the lira higher
Turkey’s central bank is on the front lines of a battle against hedge funds and other speculators. Emerging-market assets…
Massive shift of deposits to larger banks to hurt economy, warns report
The emerging trend where deposits are being shuttled from smaller banks to the larger banks is counter-productive to the country’s…
A 30-year-old prince's bold vision for Saudi Arabia
Saudi Arabia's 30-year-old deputy crown prince's ambitious economic "vision" to diversify the economy could include 5 million new jobs for…
Qatar First Bank announces second Qatar share float since 2010
Qatar First Bank will list shares on the Qatar exchange on Sunday, a bourse statement said, in what will be…
Saudis threaten $750B asset sale, but experts question it
Saudi Arabia says it may sell off $750 billion in U.S. assets if a Congressional vote doesn't go its way,…
Why Saudi Arabia Is Borrowing for the First Time in 10 Years
Saudi Arabia is close to securing a $10 billion, five-year bank loan, the government’s first significant foreign borrowing for over…
Oman picks banks for first international bond in almost 20 yrs -sources
The government of Oman has chosen five banks to arrange the sultanate's first international bond issue in almost 20 years,…
Fitch: Sukuk Take Record Share of 1Q16 Issuance in Key Markets
The proportion of sukuk bond issuance hit a record in the first quarter of 2016 in the main markets for…
Mourant Ozannes advises on $490 million Travelex financing
Mourant Ozannes has advised the shareholders of foreign exchange company Travelex Holdings on a $490 million financing. Mourant Ozannes…