Qatar banks record good growth in 2015: QCB Governor
The Governor of Qatar Central Bank Sheikh Abdullah bin Saud Al Thani said Qatar's banks recorded healthy growth in 2015…
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Iran, Singapore Willing to Boost Economic Ties
Iranian Foreign Minister Mohammad Javad Zarif held meetings with ranking Singaporean officials in the Southeast Asian country, weighing plans to…
Saudi Arabia to hold out bond mandate prospect to banks
Saudi Arabia is holding out the prospect of a role in its first international sovereign bond to banks that participate…
Qatar-turning-to-international-debt-markets-to-shore up its finance,says Markaz
Qatar “is in talks” with banks about a sovereign sukuk issue, and is “looking to cover” a $12.8bn deficit by…
EGX to participate in first international conference on Islamic banking and finance in Saudi Arabia
The Egyptian Exchange will participate in the first International Conference on Islamic Banking and Finance, hosted by Saudi Arabia. …
Commercial Bank of Qatar says raises 2 bln riyals of Tier 1 capital
Commercial Bank of Qatar has raised 2 billion riyals ($549.33 million) in additional Tier 1 perpetual capital notes, it said…
Saudi Arabia to hold out bond mandate prospect to banks
Saudi Arabia is holding out the prospect of a role in its first international sovereign bond to banks that participate…
UAE banks are prepared for economic headwinds
The UAE’s banking sector is well prepared for the global and regional economic challenges and is expected cope well with…
GCC growth faces mounting challenges, but recession should be avoided
Weaker oil prices present a serious challenge to the growth outlook for the GCC region, which was already facing economic…
Moody’s Cuts Outlook On 4 Gulf Countries, Bahrain Down To Junk Rating
Moody’s Investors Service cut its projections for the debt ratings of four Gulf countries including Saudi Arabia, citing concerns over…
U.A.E. Central Banker Says SWF Withdrawal Reports `Overblown'
Khalifa Al Kindi, chairman of the United Arab Emirates central bank, said that media coverage of withdrawals by sovereign wealth…
Mawarid Finance to float tech units after private stake sale – sources
Dubai-based Mawarid Finance has mandated HSBC, ADS Securities and Mena Corp to sell a stake to private investors and subsequently…