Emaar, Emirates NBD top list of GCC 'bargain stocks'
Some of Dubai’s biggest listed companies have topped a list of bargain stocks in the Gulf Cooperation Council according to…
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Nobody knows how Dubai’s economy has been doing lately
In Dubai, the focus is often too much on the economy of tomorrow rather than that of the recent past.…
The ADCB-UNB merger is set for May 1
Shareholders of Union National Bank will be issued new ADCB shares on May 1 or the next business day. …
Property weighs on Dubai, most major Gulf markets fall
Dubai stocks fell on Thursday when its property firms declined, while bank shares hurt the Saudi market. Saudi Arabia's…
DIB gets shareholders’ nod for $5bn sukuk issuance programme
Dubai Islamic Bank, received approval from shareholders to set up a $5 billion (Dh18.35bn) sukuk programme, as well as issue…
Qatar sells triple-tranche jumbo bond to raise $12 billion
Qatar sold $12 billion in bonds on Wednesday, and drew around $50 billion in demand - the largest order book…
Bahrain’s financial services sector presents 35% cost advantage over regional neighbors
A KPMG report, ‘Cost of doing business in Bahrain – Financial Services’, has revealed Bahrain as the most cost effective…
Can the Gulf break the habit of half a century?
Less than five years after Euromoney began, the Arab oil embargo gave international finance a shot in the arm and…
London Stock Exchange lists QIIB's $500mn sukuk
London Stock Exchange on Tuesday listed QIIB's $500mn sukuk, the first Qatari sukuk to be listed on the LSE. …
Banking for a modern Middle East
Change in the Middle East’s financial sector can often seem painfully slow. Consolidation is widely thought to be a priority…
Moody’s downgrades Oman’s credit rating to junk on public finances
Moody’s Investors Service downgraded Oman’s credit rating to junk with a negative outlook due to concerns over the sultanate's ability…
EU and Qatar sign open skies accord
The European Union and Qatar signed a broad air services pact on Monday allowing Qatari and EU member state airlines…