Saudi Wealth Fund Is Said to Weigh Bank Loans for Investments
Saudi Arabia’s sovereign wealth fund, which aims to become a $2 trillion investment giant, is considering borrowing from banks for…
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Dubai’s emerges the very model of a modern Mideast economy
For more than 100 years, the Middle East has been defined by oil exploration, production and its boundaries. Now the…
Qatar is devising comprehensive regulatory framework for NBFCs
Qatar is all set to create a strategic plan and comprehensive regulatory framework for non-bank financial companies , which have…
Emirates NBD — KSA moving toward innovative digital services
In line with its ambitious plans to expand its network in the Saudi Arabia, Emirates NBD — KSA participated as…
Huge potential for Islamic banking in Egypt; lack of political will stymies growth
Egypt’s Islamic bank profits are up, structural reforms are accelerating an economic rebound and banking penetration among ordinary Egyptians remains…
Residents think before spending after VAT imposed in UAE
Many people Khaleej Times spoke to are now thinking twice about making a new purchase as they try to stick…
Currency in circulation outside UAE banks tops $18bn
Funds in circulation outside UAE-based banks amounted to Dh67.5 billion ($18.4 billion) in 10 months of 2017, a growth of…
Standard Chartered Launches Premium Banking in Ten Countries
Standard Chartered has rolled out ‘Premium Banking’ across markets in Asia, Africa and the Middle East in 2018. Premium…
Mideast inbound M&A hits 10-year high at $9.8bn
Middle Eastern inbound merger and acquisition value stands at a 10-year high of $9.8 billion, up 117 per cent from…
Top sovereign wealth funds in town to explore investment opportunities
Development Strategies and International Trade Ministry yesterday opened a two-day roundtable investment forum in Colombo with several top sovereign wealth…
Amanda Staveley faces competition to buy Newcastle as Dubai investor looks to make offer for Premier League club
A second Middle East investor is looking to make an offer for Newcastle United. The group — based in…
Merger of Saudi banks Alawwal and SABB to go ahead despite delays: sources
The proposed merger of Saudi British Bank 1060.SE and Alawwal Bank 1040.SE has been delayed but not derailed, financial sector…