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Saudi Investments In US Bonds Increase To $170bn
Middle East Business News - Published date: .
The Institute of International Finance estimates the Public Investment Fund's assets at around $300 billion Read more
Saudi Aramco To Peel Back Financial Veil With August Earnings Call
Middle East Business News - Published date: .
State oil giant Aramco is preparing to host its first earnings call in August to discuss half-yearly results Read more
Why A Second Merger Wave May Hit UAE Lenders
Middle East Business News - Published date: .
Bloomberg Intelligence report say banks in the UAE are seeking to improve profitability and tackle inefficiencies Read more
Abu Dhabi's Waha Capital Names New Managing Director
Middle East Business News - Published date: .
Mohamed Hussein Al Nowais previously held roles at ADIA and at JP Morgan in New York Read more
Saudi, Abu Dhabi And Oman Said To Be In Talks With SoftBank Over New $100bn Fund
Middle East Business News - Published date: .
SoftBank's first Vision Fund has stakes in many of the world's leading technology companies, including Uber and WeWork Read more
Self-service Kiosks Launched To Ease UAE Tax Refund Process
Middle East Business News - Published date: .
Kiosks added to UAE ports to fully automate procedures for the Tax Refunds for Tourists Scheme Read more
DIFC Insolvency Law To Come Into Effect On August 28
Middle East Business News - Published date: .
Dubai ruler enacts new DIFC Insolvency Law to balance the needs of all stakeholders in distressed and bankruptcy related... Read more
Emirates NBD Reveals Expo Package For SMEs
Middle East Business News - Published date: .
Preferential business banking to be offered as part of Expo 2020's Dubai Online Marketplace Read more
ENOC Secures $690m Loan From Chinese Bank Consortium
Middle East Business News - Published date: .
The members of the consortium are China's top three banks in terms of size, assets and profits Read more
Investcorp Acquires 11 US Multifamily Properties $370m Deal
Middle East Business News - Published date: .
Bahrain's Investcorp said deal is largest US real estate portfolio acquisition completed in the past decade Read more
Nepal Bans Chinese Digital Wallets Alipay, WeChat Pay
Middle East Business News - Published date: .
Nepal Rastra Bank issued a notice on Monday, banning the use of the Chinese digital payment platforms popularly used in ... Read more
Dubai Tribunal Affirms Royal Shield Licence Withdrawal
Middle East Business News - Published date: .
The DFSA withdrew the licence on the grounds that the firm is 'no longer fit and proper' to hold DIFC financial services... Read more
Most Bullish Forecaster Sees Indian Rupee At 67 On Modi Return
Middle East Business News - Published date: .
The rupee rallied the most since December on Monday as stocks hit a record high after exit polls signaled Modi's return ... Read more
Ajman Bank, Rasmala Ink $90m Deal For UAE Real Estate Portfolio
Middle East Business News - Published date: .
New entity Makaseb Real Estate Investments completes first transaction to buy UAE logistic and residential assets Read more
Look Who's Talking: The Gulf's $1trn Bank Merger Bonanza
Middle East Business News - Published date: .
More than 20 Gulf financial institutions with total assets exceeding $1 trillion are in merger talks Read more