Souq.Com Raises $275 Million In Biggest E-Commerce Funding In The Middle East
E-commerce heats up in the Middle East. Souq.com is not the only company that raised a ton of money. …
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Oman c.bank chief: rising bond yields driven by market
A rise in yields of domestic Oman government bonds is driven by the market, and the central bank does not…
Bank credit to KSA private sector remains resilient
Bank credit to the Saudi private sector remained resilient in January, according to a report. In January, bank credit…
Clock ticking down on Arabian Gulf loan repayments amid instability, says HSBC study
A debt crunch is looming for Arabian Gulf countries and corporates, according to new research from global bank HSBC. …
GCC must repay or refinance $94bn in bonds and loans in 2016, 2017
Gulf Cooperation Council sovereign, financial and corporate borrowers must repay or refinance $94bn in bonds and loans in 2016 and…
Gatehouse completes portfolio acquisition of ten select service hotels in the US
Gatehouse Capital has announced that it has purchased a portfolio of ten select service hotels in the United States with…
"Abu Dhabi Securities Exchange" Signs an Agreement with United Arab Bank for Offering
With a move to facilitate a sustainable economy, while also supporting the process of the integration of the various sectors,…
Dubai FDI supports regional expansion strategy
Through its representative office in Dubai, Praemium aims to expand its client base in the region and promote its product…
Egypt racing time to bridge budget gap with Islamic bonds: Finance Ministry
The Ministry of Finance is working on amendments to laws regulating the issuance of Islamic bonds as a means of…
Israeli investment firm turns unwanted start-up options into gold
In the start-up world, companies attempt to recruit top talent by offering a plethora of benefits in lieu of the…
Arab states face massive deficit, debt crunch: HSBC
Arab states in the Persian Gulf are facing a massive account deficit and a hard time to refinance $94 billion…
Standard Chartered Private Equity announces a US$ 50 million equity investment in Souq.com
Standard Chartered Private Equity has made a $50 million equity investment, as part of a $275 million consortium, for a…