Middle East Business News

Record Foreign Buying Of Saudi Stocks In January

Investors from outside the country and the Gulf were net buyers of $1.17bn of Saudi-listed stocks in January Read more

Revealed: $27m Scheme To Boost SME Funding In The UAE

Emirates Development Bank has announced the launch of the new Credit Guarantee Scheme Read more

DIFC Regulator Suspends Licence Of Dubai Financial Services Firm

Dubai Financial Services Authority suspends Morgan Gatsby Limited for period of 12 months Read more

UAE Bank Offers Customers 0% Instalment Plan For Dubai Traffic Fines

Repayments can be made over a number of months by downloading the Dubai Police smart app or using Dubai Police website Read more

Saudi Arabia's Alawwal Bank Training All Employees In AI

Alawwal Bank managing director Soren Nikolajsen said that the courses also show the limitations of AI technology and wha... Read more

Abu Dhabi's FAB Surges As It Seeks To Raise Foreign Ownership

The UAE's biggest lender aims to raise the cap to 40% from 25% Read more

Gulf Bank Shareholder Aims To Build $880m Stake In Lender

Alghanim Trading Co made arrangements with related parties to acquire a 9.2 percent stake off-market Read more

Why Chinese Investors Are Increasingly Looking At Dubai

Hong Kong-based investment expert says Chinese investors are being attracted by high yields and political stability Read more

UAE's Biggest Bank Posts Q4 Net Profit Of Nearly $800m

First Abu Dhabi Bank reports 3.9% rise in net profits for the fourth quarter on higher investment returns and lower cost... Read more

UAE Industrial Giant Agrees $6.5bn Debt Refinancing Deal

Emirates Global Aluminium signs loan facility with a group of global and regional banks Read more

Dubai Investments Park Operator Inks $300m Loan Deal

Dubai Investments Park Development Company announces agreement with Emirates NBD to repay sukuk Read more

Bahrain's Investcorp Set To Close First Indian Acquisition Deal

Investcorp announces the launch of its operations in India with the imminent completion of its first deal Read more

Bahrain's Investcorp Set To Close First Indian Acquisition Deal

Investcorp announces the launch of its operations in India with the imminent completion of its first deal Read more

Middle East Merger Boom Sees M&A Bankers In High Demand

Value of M&A deals in the Gulf region jumped to $33.7 billion last year, the highest level since at least 2007 Read more

Middle East Merger Boom Sees M&A Bankers In High Demand

Value of M&A deals in the Gulf region jumped to $33.7 billion last year, the highest level since at least 2007 Read more