Qatar central bank invites bids for 1.5 bln riyal T-bills
"The auction is for 1.5 billion but it depends on liquidity in the market. If there is a demand for…
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Secret dealings of Middle East leaders exposed by Panama Papers leak
The secret offshore dealings of leaders of Saudi Arabia, Qatar, United Arab Emirates and Iraq have been exposed in huge…
KAMCO ranked first in Kuwait for managing issuances of fixed income instruments
KAMCO Investment Company, a leading investment management company with more than USD 11 billion in assets under management, and winner…
Central Bank arranges to borrow KD 2 billion from local banks
The general debt managing committee formed by the finance ministry gave the Central Bank the green light to arrange for…
PayFort launches new Saudi payments option
PayFort has integrated a new feature into its FORT payment solution in Saudi Arabia, which they say will streamline payments…
The Panama Papers allegations are not representative of the offshore financial industry
The allegations made in the Panama Papers case are not representative of the international financial services industry, affirms the boss…
Global investment banking fees fall 29% in Q1, worst since 2009
Global investment banking fees fell 29 per cent in the first quarter of 2016 from a year earlier as market…
Kuwait, UAE lead GCC acquisition deals in 2016 first quarter
Mergers and Acquisition value across the Middle East and North Africa region improved to $6.99 billion (Dh25.7 billion) in the…
Oman's Bank Nizwa celebrates milestone year
Bank Nizwa, Oman’s first dedicated Islamic bank, told its shareholders at its recent annual general meeting that 2015 was a…
GCC equities rebound after weak start to year
Regional markets like most world equities had a weak start to the year but managed to recover ground by the…
Huge reserves, spending cuts underpin UAE fiscal position
"The UAE economy will prove to be resilient to lower oil prices, and its growth outlook is positive and well-balanced.…
Citigroup Appoints CEO of Citibank Lebanon
Citigroup announced today the appointment of Michel Sawaya as Chief Executive Officer of Citibank Lebanon, replacing Elissar Farah Antonios who…