Middle East Business News

Alwaleed's Kingdom Said To Swerve Deal For Saudi Aramco Bonds

Kingdom Holding CEO Talal Ibrahim al-Maiman says yield on Aramco bonds was 'a bit lower' than what the company would exp... Read more

The $100bn Man: How Aramco CEO Amin Nasser Delivered The Record-breaking Bond

For Nasser, perhaps more at ease with Saudi geology than Wall Street finances, the deal is the culmination of a 37-year ... Read more

Prince Alwaleed's Kingdom Holding To Decide On $1bn Property Spin-off

IPOs and real estate investment trusts are among options for the portfolio of domestic real-estate assets Read more

Investors Turn Lukewarm On Saudi Aramco After Bond Debut

Enthusiasm over one of the most oversubscribed debt deals ever is running out of steam in the first full day of trading Read more

Sharjah Gov't Says To Invest $300m In Invest Bank

Shareholders of Sharjah-based Invest Bank have approved an investment of AED1.1 billion by the Government of Sharjah Read more

UAE's Mubadala Opens New York Office Amid US Push

Mubadala Investment Co adds New York to offices in San Francisco as it looks to build presence in the US Read more

Dubai's Network International Jumps In Early Trading After $1.4bn London IPO

Based on the sale price, the company will have a market value of $2.85bn Read more

HSBC Appoints New CEO For Middle East Region

Martin Tricaud has been appointed CEO for the Middle East, North Africa and Turkey region, succeeding Georges Elhedery Read more

Standard Chartered Reaches $1.1bn Settlement On Iran Sanctions

The penalties also cover some $600m in US transactions from 2008 to 2014 that originated at Standard Chartered's London ... Read more

Saudi Aramco Bond Debut Raises $12bn Amid Record Demand

Demand for Saudi Aramco's debut offering was so robust it allowed the energy giant to borrow at a lower yield than its s... Read more

Saudi Aramco Bond Sale Said To Attract Record $92bn Demand

Source says state oil giant is set to bump up bond to $12bn following heavy demand Read more

Bahrain SWF's Property Arm To Buy 36% In Car Parks Firm

Bahrain Real Estate Investment Company says to acquire 36.6% of shares in the Bahrain Car Parks Company Read more

UAE Payment Firm Finablr To Launch London IPO

Holding firm Finablr is behind brands UAE Exchange, Travelex Holdings and Xpress Money Read more

Dubai Esports Team Wins Seed Funding From Angel Investor

Yalla Esports has secured funding from a group of strategic investors, led by angel investor Kushal Shah Read more

Jet Airways Fails To Pay Interest To Etihad-linked EA Partners

Entity set up to finance affiliates of Etihad Airways says Jet Airways India has become the third carrier to fall behind... Read more