Middle East Business News

Bahrain's Investcorp To Set Up $1bn European Buyout Fund

Investcorp says Coller Capital has underwritten a $1bn restructuring of a portfolio of its assets into a new fund vehicl... Read more

Abu Dhabi's ADNH Signs $440m Loan To Fund Emaar Hotels Deal

Abu Dhabi National Hotels and First Abu Dhabi Bank have signed loan facility agreement to fund acquisition of Dubai hote... Read more

Lord Mayor Of London Eyes Fintech Talks During Gulf Visit

Peter Estlin, the global ambassador for the UK's financial industry, is visiting Kuwait City, Dubai and Abu Dhabi this w... Read more

Why Management Consultants Are Under Increasing Pressure To Deliver

Scandals and blunders threaten to leave charred remains of the multi-billion world of professional services. Can consult... Read more

Saudi Aramco Set To Sell $10bn Bond To Fund Sabic Acquisition

Saudi Aramco is in talks to buy 70% of Sabic from the Public Investment Fund, which could cost about $70bn Read more

Yallacompare Launches New Life Insurance Product Starting At AED 3 Per Day

A recent survey found that half of respondents do not buy life insurance because it is 'too expensive' Read more

Oman Central Bank Signs Deal To Set Up Credit Bureau

Creditinfo Group wins contract to develop, roll-out and manage a credit registry system in sultanate Read more

Lion Air Buying 50 Boeing 737 Jets In $6.2b Deal

Indonesian carrier looks to cash in on a transport boom in the south-east Asian nation Read more

ECB: Trade War Could Have Negative Impact On Exchange Rates

Austria’s central bank head Ewald Nowotny said that the Europe’s central bank should start normalising its monetary ... Read more

Passengers Stranded As Strike Grounds Flights In Germany, France

Lufthansa cancels 800 flights as German public sector workers, including ground crew and airport firefighters, stage a w... Read more

Orange Subsidiary Opens Middle East Innovation Hub

Aims to bolster digital innovation solutions Read more

Glencore CEO Quits Rusal Board After US Sanctions

Swiss mining mammoth ‘still evaluating’ its contracts with Russian firm and won’t be going through with planned de... Read more

It Matters Where The Ads Show Up

Survey finds Gulf online users place more trust on brands using premium websites Read more

LVMH Keeps The Momentum Going Into Q1-18

Demand for its stable of luxury goods is still driven by the Chinese Read more

Calling In A Star To Help Out A Brand

When celebrity endorsements click, they tend to deliver mega-sized outcomes Read more