Arab Business News


Kuwait, Bahrain Lenders Plan Talks On $92bn Merger

Middle East Business News - Published date: .

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

Middle East Business News - Published date: .

Dubai Islamic Bank is the leading UAE-based sukuk issuer by value on Nasdaq Dubai with a total of $6bn Read more

Last Minute Penalty Sends UAE Soaring Into Asian Cup Quarter-finals

Sports and Eneterainment - Published date: .

The UAE will face Australia in the quarter-finals after the Socceroos beat Uzbekistan in a shoot-out Read more

Dubai's Mashreq Says 2018 Net Profit Stable At $570m

Middle East Business News - Published date: .

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

Middle East Business News - Published date: .

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

Middle East Business News - Published date: .

Dr. Habib Al Mulla said the misdemeanour case filed by the airline is an attempt to exercise pressure in order to achiev... Read more

Game Changers: Liverpool FC

Sports and Eneterainment - Published date: .

Liverpool Football Club CEO Peter Moore on how to keep fans tuned into the world's favourite sport at a time when video ... Read more

Crescent Petroleum Becomes Sponsor Of Abu Dhabi Special Olympics

Sports and Eneterainment - Published date: .

As part of an agreement, the company will provide financial support, volunteers and specialised care workshops Read more

Pacquiao Brushes Past Adrien Broner In Uneven Welterweight Bout

Sports and Eneterainment - Published date: .

Filipino boxing star Manny Pacquiao now hopes to avenge his 2015 loss to Floyd 'Money' Mayweather Read more

India's SBI Raises $1.25bn From Overseas Bonds

Middle East Business News - Published date: .

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

Middle East Business News - Published date: .

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

Middle East Business News - Published date: .

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

Middle East Business News - Published date: .

Sources say National Commercial Bank is close to hiring JPMorgan Chase & Co to advise on its merger with Riyad Bank Read more

Women Throng Saudi Stadium For Italian Super Cup Amid Controversy

Sports and Eneterainment - Published date: .

Serie A president Gaetano Micciche said the match would down in history as the first international competition that Saud... Read more

Ronaldo Seals Italian Super Cup For Juventus

Sports and Eneterainment - Published date: .

Italian football league president Gaetano Micciche hailed the match as a success, with reports there were up to 15,000 w... Read more

Saudi Arabia To Hire HSBC Banker To Lead $11bn Privatisation Plans

Middle East Business News - Published date: .

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

Middle East Business News - Published date: .

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

Middle East Business News - Published date: .

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

Middle East Business News - Published date: .

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

Middle East Business News - Published date: .

One option for lenders led by State Bank of India is to seek extra investment from founder Naresh Goyal and Etihad Airwa... Read more