As FIFA corruption scandal worsens, Qatar shares flounder
Qatar's shares dropped significantly Wednesday after the US and Switzerland launched a criminal investigation on FIFA corruption charges, Reuters reported…
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Egypt- NBAD managing $1.5bn bonds for Egyptian government: CEO
The National Bank of Abu Dhabi has been selected to manage the issuing of Dollar bonds the government is officially…
1MDB partners pump US$1 billion into troubled strategic fund
The funds from Abu Dhabi's International Petroleum Investment Company and its Aabar Investments unit will be paid by June 4,…
Egypt to Re-enter Debt Market with Bond Sale
Egypt is returning to the international debt market for the first time since protests erupted in the Arab Spring in…
Foreign investors set sights on UAE
Foreign institutional investors on the UAE bourses have made a beeline ever since the UAE index was upgraded to emerging…
Dubai Islamic Bank prices $750 mln 5-yr sukuk – leads
Dubai Islamic Bank has priced a $750 million sukuk with a five year lifespan, a document from arranger banks said…
ADIB to hold EGM to vote on capital raising proposal
Abu Dhabi Islamic Bank will hold an extraordinary general meeting on 21st June to vote on a proposal to raise…
DGCX’s deal with Bank of China to up interaction
The Dubai Gold & Commodities Exchange has announced the signing of a Memorandum of Understanding with the Bank of China.…
Russia, UAE to invest in Egypt economy
The Russian Direct Investment Fund, or RDIF, and investors from the UAE are planning to make investments in Egypt. In…
Dubai's inflation expected to slow down further
Consumers can breathe a sigh of relief as the cost of living in Dubai is already showing signs of slowing…
Saudi regulator to raise IPO allocations to institutional investors
Saudi Arabia's stock market regulator said it would raise the proportion of shares allocated to institutional investors in initial public…
Saudi regulator to raise IPO allocations to institutional investors
Saudi Arabia's stock market regulator said it would raise the proportion of shares allocated to institutional investors in initial public…