Saudi Arabia Raises $2.5bn In First Sukuk Sale Since Oil Attacks
Sale reflects how demand for Saudi Arabia's Islamic bonds has remained buoyant after missile and drone attack on its oil... Read more
Bahrain's Investcorp Buys Leeds Hub As UK Industrial Portfolio Grows
Investcorp completes its third UK Industrial and Logistics Programme followingacquisition of fulfilment centre in Leeds Read more
Creative Zone Buys Stake In UAE's Largest Insurance Brokerage
UAE-based business set-up advisory firm acquires stake in InsuranceMarket.ae Read more
Sharjah Lists $750m Sukuk On Nasdaq Dubai
Announcement of second sukuk listing this year on Nasdaq Dubai by the emirate, following a $1bn listing in April Read more
UAE Banks Lobby Calls For Real Estate Lending Limits
Abdul Aziz al-Ghurair, head of the United Arab Emirates Banks Federation, has revealed plans for a cap on loans Read more
SoftBank Set To Pump Billions Into Struggling Start-up WeWork
The SoftBank bailout package, which involves new financing, speeding up already pledged money and a new tender offer for... Read more
$1.9m Art Collection Once Owned By Ex-Abraaj Head To Be Auctioned
Christie's to sell 19 works which were once part of collection owned by Arif Naqvi Read more
Saudi Arabia Said To Plan $2.5bn Sukuk Issuance
Source says world's biggest oil exporter is seeking to take advantage of borrowing costs that are around the lowest in f... Read more
TransferWise To Begin Offering Low-cost Money Transfers In UAE In 2020
TransferWise serves 6 million customers worldwide and processes $5bn in customer payments every month Read more
Global Fintech Giant Visa To Open Regional HQ In Dubai In 2021
Digital payments firm says it has appointed Sweid & Sweid to build its new Dubai headquarters Read more
Candy In Talks With Saudi Fund As It Mulls Move For UK Developer
Candy reportedly in early stage talks with Saudi Arabia's Public Investment Fund about a joint move to take over CapCo Read more
UAE's Mubadala Capital Launches New $250m Tech Funds
Mubadala says new investment funds will capitalise on the growing start-up scene in the region Read more
World's Largest Bank Lists $1bn Bonds On Nasdaq Dubai
Dubai bourse welcomes listing of two $500m bonds by Commercial Bank of China Read more
Expo 2020 Dubai Funding To Exceed $8bn By 2021, Says Dubai Govt Exec
Director general of the government's department of finance, Abdulrahman Saleh Al Saleh, said budget surplus has funded p... Read more
Financial Close Reached For Giant $870m UAE Desalination Plant
New plant will be located at the Taweelah power and water desalination complex in Abu Dhabi, with completion expected in... Read more