First Abu Dhabi Bank's Foreign-ownership Change Lifts Abu Dhabi Stocks
First Abu Dhabi Bank's raised cap for foreigners could trigger passive inflows of about $730 million from investors Read more
Dubai Islamic Bank On The Lookout For Potential Acquisitions
Dubai Islamic Bank was reported last month to be considering buying Noor Bank Read more
Former Abraaj Exec Held In Same New York Jail As Mexico's 'El Chapo' Guzman
Mustafa Abdel-Wadood was apprehended at a New York hotel last week Read more
Saudi Arabia's PIF Said To Seek Bridge Loan Of Up To $8bn
The Public Investment Fund is said to have begun talks with banks to raise a loan expected to be between $5bn and $8bn Read more
Lebanon Said To Plan $2bn Eurobond Issue
Lebanon is planning to cut its budget-deficit-to-GDP ratio from 11% to 9%, according to a top government economic advise... Read more
Dubai's Damac Secures $229m Financing For Luxury London Project
Three banks provide funds for Damac Tower at Nine Elms, the first in Europe to be designed in partnership with Versace H... Read more
Abraaj CEO Charged With Fraud In US After Dubai Firm's Collapse
Arif Naqvi, the founder and ex-CEO of Abraaj, was arrested Wednesday in the UK and is awaiting possible extradition to t... Read more
Uber Files Documents For IPO After Careem Deal
Uber's valuation in its latest private investment round was more than $70 billion Read more
Saudi Aramco's $12bn Bond Deal Fizzles As Sell-off Continues
Offering sinks for a second straight day, marking a quick sell-off that calls into question the depth of the deal's $100... Read more
Trendy Makeover For Saudi Arabia's Delayed Banking Hub
The King Abdullah Financial District is being revamped to blend business with residential and lifestyle destinations Read more
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