Israeli and Emirati diamond exchanges sign 'collaboration agreement'
Diamond exchanges in Israel and the United Arab Emirates will soon open offices in each other’s countries. The news is…
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Fitch affirms KIB’s long-term A+ rating, with stable outlook
Fitch Ratings has affirmed Kuwait International Bank’s long-term issuer default rating (IDR) at 'A+' and viability rating (VR) at “bb-”,…
After COVID-19, global cruise lines will once again arrive at Dubai port by late October
The first cruise ships after the COVID-19 crisis will dock at Dubai’s Mina Rashid Terminal late October, according to a…
Saudi 'proxy' Bahrain grabs $2 billion with bond comeback
Bahrain sold $2 billion in its second bond offering of the year on Wednesday, a dual-tranche issuance comprising seven-year sukuk,…
DP World and Dubai Customs to explore trade links with Israel
DP World, one of the world’s biggest port operators, and Dubai Customs will explore opportunities to develop trade links between…
Commercial Bank launches $500mn bond at new price benchmark
Commercial Bank has successfully launched a senior unsecured five-year bond worth $500mn at a new price benchmark. The transaction…
Qatar cultivates first green bonds as QNB raises $600 mln
Qatar saw its first green bond issue on Tuesday when Qatar National Bank (QNB) QNBK.QA sold $600 million of the…
Swissquote MEA announces opportunity for smart long-term investments in gold
As investors across the globe look for safe havens such as gold during turbulent economic times, Swissquote Bank Ltd has…
UAE-Israel trade and investment prospects ‘exciting’ for both nations, Economy Minister says
The UAE and Israel’s bilateral trade and investment prospects are a “dividend of peace” and increased commerce between the region’s…
Qatar international reserves seen at $37bn by year-end: FocusEconomics
Qatar’s international reserves are expected to total $37bn by the year-end, FocusEconomics has said in a report. The country’s…
Construction in GCC reeling from Covid-19 economic impact
In the GCC region, a construction sector already grappling with low margins, delays and contract awards has been dealt a…
Boursa Kuwait Organizes Virtual Corporate Day in Collaboration With HSBC
Boursa Kuwait organized its first Virtual Corporate Day in collaboration with HSBC, one of the largest banking and financial services…