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
JPMorgan 'close' To Being Hired For Saudi Bank Merger
Sources say National Commercial Bank is close to hiring JPMorgan Chase & Co to advise on its merger with Riyad Bank Read more
Saudi Arabia To Hire HSBC Banker To Lead $11bn Privatisation Plans
Saudi Arabia set up the National Center for Privatisation in 2017 and hopes to generate about $11 billion by 2020 Read more
Russia's Sovereign Wealth Fund To Boost Investment Deals With Saudi Arabia
The Russian Direct Investment Fund and the Saudi Public Investment Fund have a $10bn investment partnership Read more
Air Arabia Files Lawsuit Against Abraaj Founder Arif Naqvi
Air Arabia said in June that it had an exposure of $336m to funds managed by Abraaj Group Read more
Etihad-backed Jet Airways Mulls Options Over $1.2bn Debt
One option for lenders led by State Bank of India is to seek extra investment from founder Naresh Goyal and Etihad Airwa... Read more
Etihad-backed Jet Airways Mulls Options Over $1.2bn Debt
One option for lenders led by State Bank of India is to seek extra investment from founder Naresh Goyal and Etihad Airwa... Read more