Sohar International concludes perpetual nonds issuance
Sohar International has recently concluded the issuance of OMR 100mn unsecured subordinated perpetual bonds with overwhelming success that reaffirms the…
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Mourant advises on energy takeover
Leading global offshore law firm, Mourant, has advised Kuwait Energy plc in relation to its acquisition by Gold Cheers Corporation…
Hedge fund is said to spurn Saudi money after Khashoggi murder
A hedge fund has told investors it returned money to Saudi Arabia following the murder of columnist Jamal Khashoggi, according…
Omniyat secures $41m financing for fit-out of its Dubai hotel in The Opus
Omniyat has announced that it recently secured a financing of $41m (AED150m) from Mashreq Bank for the fit-out of its…
Investment Treaty Arbitration in United Arab Emirates
What is the prevailing attitude towards foreign investment? Despite a number of regulatory and legal barriers to foreign investment…
Al Baraka Banking Group and three subsidiary Banking Units receive Global Finance Awards
The Bahrain based leading Islamic banking group Al Baraka Banking Group B.S.C. (ABG) and three of its subsidiary banking units…
500 Startups MENA fund achieves final close of $33m
Silicon Valley-based venture capital firm 500 Startups has announced ts Middle East and North Africa -focused 500 Falcons fund has…
Ebdaa Bank to raise capital using profits
Ebdaa Bank for Microfinance - Bahrain has posted an increase of more than 227 per cent in net profit at…
Millionaires get richer: Where do ultra-high-net-worth individuals in UAE, rest of Middle East keep their money?
The multi-million-dirham club in the UAE is expanding every year and by 2023, there will be approximately 799 individuals with…
Decommissioning assets in the Middle East: the regulatory landscape.
The challenge The allocation of decommissioning liabilities is an area of tension between governments and oil companies in the…
Islamic Financing Market 2019 Global Strategies – Al Rajhi Bank, Abu Dhabi Islamic Bank, Al Baraka Banking, Dubai Islamic Bank
Global Islamic Financing Market Size, Status and Forecast 2019-2025 The Islamic Financing market report is a most important research…
Kuwait Central Bank issues bonds worth $660mln
The Central Bank of Kuwait on Tuesday announced issuing bonds and related tawarruq worth KWD 200 million ($660.45 million), with…