NBE postpones issuance of international bonds
The National Bank of Egypt postponed offering international bonds, which were to be issued at the end of July, according…
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Zain makes strategic investment in Earlybird´s Digital East Fund
Zain Group, a leading innovator of mobile communications in eight markets across the Middle East and Africa, announces its third…
UAE authority approves NBAD for lending activity
The Securities and Commodities Authority (SCA) in the United Arab Emirates (UAE) has granted approval for the National Bank of…
Securities and Commodities Authority, ADGM regulator sign MOU
The Securities and Commodities Authority (SCA) signed an MOU with the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi…
NCB closes Tier I sukuk of 2b Saudi riyals
The National Commercial Bank said on Wednesday it successfully issued subordinated Additional Tier I capital Sukuk of 2 billion Saudi…
Ibdar Bank exits Bahrain Sakan Development
Ibdar Bank the Bahrain-based Islamic wholesale investment bank has announced the successful exit from its 30 million construction arm Sakan…
UAE key player in Q2 GCC corporate bond issuance
The GCC bond and sukuk markets activity remained relatively sound in the second quarter despite political uncertainty in some parts…
Another Dubai debt crunch is looming as oil slump hits Gulf
Car parks filled with abandoned sand covered Porsche and Ferrari sports cars was an enduring image of Dubai’s last flirtation…
IPO performance improves in GCC – PwC
IPO performance in the Gulf Cooperation Council ("GCC") showed signs of recovery in terms of the number of offerings and…
International Monetary Fund increases MENA presence
The IMF has increased its presence in the Middle East and North Africa, having announced on 30 July that the…
DGCX Records 15% Growth in Daily Volumes and Highest Monthly Open Interest in July
Year-to-date volumes on the Dubai Gold and Commodities Exchange registered a growth of 11% from the same period last year,…
Israeli stock exchange gets members' approval to become for-profit
The Tel Aviv Stock Exchange secured its members' approval on Thursday to turn into a for-profit body, a move aimed…