Saudi Arabia to hold out bond mandate prospect to banks
Saudi Arabia is holding out the prospect of a role in its first international sovereign bond to banks that participate…
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Dubai Investments wins award for Al Mal stake deal
Dubai Investments, a leading, diversified investments conglomerate, has won the best UAE financial services deal of the year award from…
Qatar Investment Authority invests $1.3bn in LA office portfolio
The Qatar Investment Authority has bought a US office portfolio for more than $1.3bn (€1.2bn). The Middle Eastern investor…
Bank Sohar Website Wins Pan Arab Award
Bank Sohar, as a testament to its constant endeavour towards banking excellence, was presented with its fourth award of the…
Lunch with Dubai top lawyer Essam al-Tamimi: the future of UAE law
Essam al-Tamimi, the founder and chief of one of the largest law firms in the UAE and the region, lives…
Ahli United Bank Limited launches operations in DIFC, Dubai as first GCC bank with Cateogry 1 License
Ahli United Bank has launched its banking operations in Dubai International Financial Centre (DIFC), UAE with an initial paid up capital…
UAE banks are prepared for economic headwinds
The UAE’s banking sector is well prepared for the global and regional economic challenges and is expected cope well with…
GCC growth faces mounting challenges, but recession should be avoided
Weaker oil prices present a serious challenge to the growth outlook for the GCC region, which was already facing economic…
Moody’s Cuts Outlook On 4 Gulf Countries, Bahrain Down To Junk Rating
Moody’s Investors Service cut its projections for the debt ratings of four Gulf countries including Saudi Arabia, citing concerns over…
International law firm boosts Middle East TMT practice
Allen & Overy has announced that alumnus Tom Butcher is returning to the firm as a partner to head up…
U.A.E. Central Banker Says SWF Withdrawal Reports `Overblown'
Khalifa Al Kindi, chairman of the United Arab Emirates central bank, said that media coverage of withdrawals by sovereign wealth…
17 Israeli billionaires on annual Forbes rich list
Seventeen Israeli billionaires made the 30th Forbes Billionaires List for 2016, including newcomer Adam Neumann, cofounder of shared work space…