Investment Corporation of Dubai expected to issue dollar bond this month
Investment Corporation of Dubai, the Dubai government's main investment arm, is likely to issue its planned U.S. dollar-denominated bond this…
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Labuan IBFC to play a role to assist in achieving Kingdom of Saudi Arabia’s Vision 2030
Labuan International Business and Financial Centre is set to play a complementary role as the Kingdom of Saudi Arabia moves…
EFG Hermes to buy UK solar power portfolio for $581m
EFG Hermes, a leading investment bank in the Middle East and North Africa (Mena) region, said its renewable energy platform…
GCC banks and petrochemicals likely to outperform in 2017
Banks and petrochemicals stocks could be relative strong performers in the GCC in 2017 thanks to benchmark interest rate rises…
Largest Tin of Caviar: Dubai sets world record
Burj Al Arab Jumeirah joined forces with AmStur Caviar, the premiere US supplier of world-class caviar, to set the world…
KFH Financial Brokerage wins ‘Best Islamic Brokerage Company 2016’
KFH Financial Brokerage, a subsidiary of KFH-Capital has been awarded “Best Islamic Brokerage Company” for the year 2016 by London…
An opportunity in disguise for Bahrain
If I have learnt anything from 2016, it is that it is impossible to predict exactly what will happen in…
Doha Bank CEO chosen for top overseas Indian award
Prominent Indian expatriate and CEO of Doha Bank Dr R Seetharaman has been selected for the Pravasi Bharatiya Samman 2016,…
Malaysia looks to Qatar for investment in tourism, infrastructure
Malaysian officials are tapping Qatar for inward investment, particularly to develop the Southeast Asian country’s $15 billion tourism industry, according…
Saudi royals spend up despite the age of austerity
Behind a tall perimeter wall, studded with surveillance cameras and guarded by Moroccan soldiers, a sprawling new palace for King…
Dubai’s Network International appoints new CEO
Network International, the largest payment processing firm across the Middle East and Africa, has appointed Simon Haslam as chief executive,…
Oil linked financing structures could work for GCC
Over the last two years, rapid fall in oil prices have given rise to significant budget deficits in the Gulf…