Middle East Business News

Ex-Morgan Stanley Banker Leading Middle East Charge Toward Boutiques

Boutique advisory firms are earning almost a quarter of all investment-banking fees paid in the Middle East, up from jus... Read more

Interest In Saudi Aramco Bond Sale Said To Reach $26bn

State-owned oil giant drums up support for its debut offering at presentations in New York, Chicago, Singapore and Tokyo Read more

UAE's New FDI Law Could Accelerate Inflows By Up To 20%

Landmark law will be discussed at the Annual Investment Meeting 2019 in Dubai next week Read more

Saudi's SALIC Makes First Australian Farming Acquisition

Saudi Agricultural and Livestock Investment Company buys 200,000 hectares in Western Australia's wheat belt Read more

Opinion: Only Two Stars For The Uber-Careem Deal

Elie Khouri, CEO of Omnicom Media Group MENA, takes a longer-term of the record-breaking transaction Read more

Abu Dhabi Fund Approves $80m Loan For Argentina Water Project

Abu Dhabi Fund for Development agrees financing for expansion of a water treatment plant in Desvio Arijon Read more

India's Central Bank Cuts Interest Rate With More Easing Seen

Thursday's cut reverses the 50 basis points of increases delivered by the Reserve Bank of India last year Read more

FAB 'strongly Denies' It's Considering A Merger With ADIB

A First Abu Dhabi Bank spokesperson said the bank is "fully focused on unlocking its full potential and maximising share... Read more

SoftBank To Seek $15bn More For Its Huge Tech Fund

SoftBank's Vision Fund - backed by Saudi Arabia and Abu Dhabi - has invested more than $70 billion in tech companies in ... Read more

Abu Dhabi Said To Mull Merger To Create Biggest MidEast Bank

Sources say emirate is considering combining Abu Dhabi Islamic Bank with First Abu Dhabi Bank Read more

'No Significant Impact' On Jobs From Mashreq Branch Closures

Senior exec says bank is retraining employees as part of its digital transformation strategy Read more

Nasdaq Dubai Welcomes $1bn Sukuk Listing By Sharjah

Emirate's total sukuk value listed on the Dubai financial exchange has now reached $3.45bn Read more

DIFC FinTech Hive Launches New Cycle Of Accelerators Programme

Middle East's largest financial technology accelerator says third cycle will kick off in September Read more

Emirates NBD To Pay 14% Less For Turkey's Denizbank After Lira Slide

Emirates NBD will now pay $2.75bn for Sberbank's wholly-owned Turkish unit Read more

Revealed: How Dubai's Mashreq Is Adapting To A New Era In Banking

Mashreq Bank unveils a reimagined branch format as part of its digital transformation strategy Read more