Bahrain Bourse lists Islamic financial instruments worth BHD 201 million
Bahrain Bourse (BHB) in a recent announcement has listed four issues in the Treasury Bills Market worth a total of…
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Dubai wealth fund India renewable energy investments
Dubai’s sovereign wealth fund, Investment Corp. of Dubai through its subsidiary Dubal Holding Llc is scouting for investments in an…
APIC issues five-year $35 million bond
In a statement on 18 January 2017, Tarek Aggad, Chairman and CEO of APIC said that the bond issuance holds…
Qatar deals account for 33% of outbound Mideast M&As in 2016
Overseas acquisitions by Qatar accounted for 33% of outbound merger and acquisition in the Middle East during 2016, followed by…
US, Bahrain sign Model 1 FATCA IGA
The US Treasury Department today updated its FATCA website, reporting that Bahrain and the US signed a Model 1 intergovernmental…
NBE: assets surge to 1.1 trillion Egyptian pounds after currency float move
Egypt’s biggest lender, the state-owned National Bank of Egypt says assets have surged to around 1.1 trillion Egyptian pounds ($58.5…
Sukuk issuance in core markets rose by 26 per cent in 2016
This represented 28.5 per cent of total bond and Sukuk issuance in these markets in 2016, down marginally from 29…
Qatar National Bank raising $1 billion loan from Asian lenders
Qatar National Bank QNBK.QA, the largest bank in the Middle East and Africa by assets, is raising a $1 billion,…
QP concludes high performance boards programme for senior Qatari directors
Qatar Petroleum held the “Qatar Petroleum High Performance Boards Award” ceremony on Monday, marking the conclusion of a specialised nine-month…
Why We're in Talks With UAE Investors
Costa Rica President Luis Guillermo Solis discusses his talks with UAE investors aimed at raising $1 billion for projects and…
Kuwaiti Wealth Fund May Pull Billions From External Managers
Kuwait Investment Authority is planning to manage more of its own assets as the world’s fifth-largest sovereign wealth fund seeks…
Dubai's Abraaj to sell Entertainer stake, sees IPO for Careem – CEO
Abraaj Group, a Dubai-based private-equity firm, plans to offload its stake in discount voucher business The Entertainer this year, and…