Middle East Business News

Value Of Mergers And Acquisitions In Mena Drops 57.6% In 2017

Financial services and telecom sectors lead deal flows in Middle East and North Africa Read more

UAE Consumer Electronics Market To Grow 7.7% To Dh14b

Internet retailing to grow by around 6% to Dh950m this year Read more

No Such Thing As Quick Money In UAEs F&B Business

Anyone wanting to get in needs to think well beyond three years to see profits Read more

Etisalat Cuts Roaming Rates For Travellers From UAE

New rates apply to GCC travellers, while non-stop data usage in over 100 countries costs Dh35 per day Read more

UAEs Banking Customer Satisfaction Level Surges To A New High

Trust in banks remain steady at 68 per cent, survey shows Read more

Goldman Watching How Japanese Stocks Start Month

The Nikkei 225 Stock Average has risen on the first trading day of each month from July 2016 to February 2018 Read more

US Treasury Sets Meetings With Trading Firms

US officials are seeking industry feedback on how to publicly report prices for Treasury bonds for the first time Read more

China Seeks Goldilocks Moment In Oil

Shanghai International Energy Exchange has safeguards in place to prevent a speculative blowout that could derail its cr... Read more

Broker EFG Hermes Scores A First On Dubai Financial Market

Allocation account enables firms to use a combined account with clearinghouse in order to execute buy and sell on behalf... Read more

App Solves Restaurants Excess Food Problem

Dubai-based Keepeat offers listings for F&B businesses wanting to sell food at a discount Read more

Riyal Government Bonds To Be Listed On Saudi Exchange

More than $54.5b of riyal bonds with maturities of up to 10 years will be available, Saudi Arabia’s Capital Market Aut... Read more

Sharjah Islamic Bank Hires HSBC, StanChart For Benchmark Dollar Sukuk

HSBC and Standard Chartered are global coordinators for the planned deal, but other banks will join as arrangers Read more

Making The Cut As A Profitable E-tailer In The Mideast Space

A better logistics operations and a common Gulf-wide market can make the process easier Read more

Damac Hires Barclays, HSBC For Possible Sukuk

Second-largest listed real estate developer in Dubai is expected to hire more banks to arrange the debt sale Read more

Societe Generale Creates 4 Positions In Dubai

The bank, which has offices in Dubai, Abu Dhabi and Riyadh, expects growth in its Middle East business to be faster than... Read more