Abu Dhabi's Aabar set to invest more in UniCredit's share sale
Abu Dhabi investor Aabar Investments is set to buy more shares in UniCredit in the Italian bank's upcoming 13 billion-euro…
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Man behind Saudi's $17.5bn bond sale said to be rejoining HSBC unit
The head of Saudi Arabia’s debt management office, who oversaw the country’s $17.5 billion sovereign bond sale in October, is…
JPMorgan Sees Fewer Jumbo Bond Deals Weighing on 2017 Gulf Sales
JPMorgan Chase & Co., the biggest arranger of bond issues in the six-nation Gulf Cooperation Council, expects regional sales in…
NBAD management team changes
Ahead of the completion of the bank’s proposed merger with FGB, four of National Bank of Abu Dhabi’s top management…
Private equity activity in Gulf region to increase significantly
In 2017, we expect private equity activity in the Gulf to pick up significantly, both in terms of investments and…
Citi launches two new credit cards: Citi Rewards and Citi Premier in the UAE
These new products join the Citi Prestige card, which launched in 2015, and complete the Citi Rewards product line. …
Egypt’s entrepreneurs
Egypt’s core asset and main engine of growth is its youth. Its total population of more than 92 million is…
Egypt's Cost-of-Living Soars as Currency Dives
Annual consumer price inflation in Egypt's cities soared to a second straight eight-year high in December, hitting 23.3 percent on…
Al Rayan Bank launches Scottish buy-to-let property finance
Just one month after establishing its presence as the only wholly Shariah-compliant retail bank in Scotland, Al Rayan Bank yesterday…
Oman seeks multi-billion dollar deposit from Gulf states
Oman is negotiating with Gulf Arab states to secure a multi-billion dollar deposit in its central bank that would boost…
Qatar among top real estate markets in GCC
With the rapid economic development and influx of expatriates, Doha, Dubai and Abu Dhabi have emerged as top three real…
Sukuk ‘too complex’ as tool to raise funds
Sukuk issuance growth in the Arabian Gulf is likely to remain subdued this year even as countries in the region…