Middle East Business News

Pakistan Hails UAE Economic Support After $3bn Deposit

Tariq Bajwa, Governor of the State Bank of Pakistan, says deposit will help country overcome 'challenges' Read more

Dubai's DP World Raises Stake In Australian Port Operator

The deal values DP World Australia at an enterprise value of nearly $1bn Read more

Dubai Investments Park Plans Investor Talks Ahead Of Sukuk

Investor meetings will take place in Singapore, Hong Kong, Abu Dhabi, Dubai and London, commencing on Friday, ahead of p... Read more

UAE Formalises $3bn Pakistan Bank Deposit

The Abu Dhabi Fund for Development has been involved in various transport, water, agriculture, healthcare and education ... Read more

UAE Formalises $3bn Pakistan Bank Deposit

The Abu Dhabi Fund for Development has been involved in various transport, water, agriculture, healthcare and education ... Read more

Saudi Arabia's Alawwal Bank, SABB Merger On Track For H1 Completion

The merger will create the kingdom's third largest bank Read more

Saudi Arabia's Alawwal Bank, SABB Merger On Track For H1 Completion

The merger will create the kingdom's third largest bank Read more

Kuwait, Bahrain Lenders Plan Talks On $92bn Merger

Kuwait Finance House and Bahrain's Ahli United Bank would create the Gulf's sixth biggest bank Read more

UAE's Biggest Islamic Bank Lists $750m Sukuk On Nasdaq Dubai

Dubai Islamic Bank is the leading UAE-based sukuk issuer by value on Nasdaq Dubai with a total of $6bn Read more

Dubai's Mashreq Says 2018 Net Profit Stable At $570m

Mashreq CEO, Abdul Aziz Al Ghurair, says 2018 'was a difficult year' due to market fluctuations Read more

Dubai Investments Park Passes 5 Million Sq Ft Leasing Milestone

Major names from a variety of industries chose DIP as their new home last year, says senior exec Read more

Air Arabia Lawsuit Against Abraaj Founder Is 'abuse Of Legal System', Says Lawyer

Dr. Habib Al Mulla said the misdemeanour case filed by the airline is an attempt to exercise pressure in order to achiev... Read more

India's SBI Raises $1.25bn From Overseas Bonds

Some analysts see the move as a proxy attempt by the government to prevent the rupee from falling again Read more

Saudi Bonds To Join JPMorgan Index In $119bn Gulf Addition

Saudi Arabia and four other Gulf nations will join JPMorgan Chase & Co's emerging-market bond indexes this month Read more

Saudi Aramco Refinery JV Said To Hire Adviser On Funding

Sources say financing for the $5bn Amiral project is expected to be arranged from banks and export credit agencies Read more