GCC Business News


Saudi Aramco May Raise Up To $15bn In Debut Foreign Bond

Middle East Business News - Published date: .

The world's biggest oil producer may sell the bonds in the first half of the year Read more

Kuwaiti Bank Signs Ripple Deal To Speed Up Payments

Middle East Business News - Published date: .

Al Ahli Bank of Kuwait announces partnership with financial technology firm Ripple to enable instant cross-border paymen... Read more

Aston Martin Will Now Train Customers To Race At World's Iconic F1 Tracks

Sports and Eneterainment - Published date: .

Kuwait backed luxury carmaker will commence it's racing programme from March 2019 Read more

Dubai Digital Bank Is First To Launch Smartphone Insurance Plan

Middle East Business News - Published date: .

Liv. says Mobile Insurance is the first in a series of insurance products to be launched over coming months Read more

Investcorp, Standard Life Plan To Raise Up To $1bn For Gulf Fund

Middle East Business News - Published date: .

New joint venture will focus on healthcare, education and utilities and may also invest in the wider Middle East and Lev... Read more

OSN To Drop All Sports Channels Except For Cricket

Sports and Eneterainment - Published date: .

Dubai-based broadcaster will retain only OSN Sports Cricket HD and Ten Sports from March 31 Read more

Saudi Wealth Fund Plans San Francisco Office In Technology Push

Middle East Business News - Published date: .

Saudi Public Investment Fund is looking to open offices in San Francisco, as well as New York and London Read more

Real Madrid Ordered To Pay $1m Over Oman Football Match

Sports and Eneterainment - Published date: .

The Spanish club Real Madrid was sued for failing to bring its top stars to a 2014 match against Barcelona held in Oman Read more

Bahrain's Investcorp Bank Sees Sweet Spot In Indian Property Crunch

Middle East Business News - Published date: .

Investcorp Bank, which manages about $23bn of assets, plans to provide structured lending to developers faced with borro... Read more

Deutsche Bank Seeks To Rebuild In Middle East After Cost Cutting

Middle East Business News - Published date: .

Jamal Al Kishi, Middle East and Africa CEO, said Deutsche Bank said it expects to be involved in large financing deals a... Read more

World Bank Says To Set Up Office In Abu Dhabi's ADGM

Middle East Business News - Published date: .

New Abu Dhabi Global Market office will exercise full functions of World Bank Read more

Bahrain's Investcorp Inks $330m US Real Estate Deal

Middle East Business News - Published date: .

New portfolio includes 2,510 units across North Carolina, Georgia, Florida, Arizona and Texas Read more

Opinion: The Cost Of Failure To Implement VAT In UAE, Saudi Is Higher Than We Think

Middle East Business News - Published date: .

Three challenges stand out, accordinbg to David Stevens, GCC VAT Implementation Partner, EY Read more

Imran Khan Says Deep Reforms On The Way As Pakistan Nears IMF Deal

Middle East Business News - Published date: .

Pakistan is looking to bridge a financial gap of at least $12 billion with negotiations for its 13th IMF bailout since t... Read more

Imran Khan Says Deep Reforms On The Way As Pakistan Nears IMF Deal

Middle East Business News - Published date: .

Pakistan is looking to bridge a financial gap of at least $12 billion with negotiations for its 13th IMF bailout since t... Read more

Societe Generale Eyes Saudi Opportunities After Middle East Expansion

Middle East Business News - Published date: .

Saudi Arabia is attracting the attention of the world's biggest banks as it undergoes an economic transformation that in... Read more

Societe Generale Eyes Saudi Opportunities After Middle East Expansion

Middle East Business News - Published date: .

Saudi Arabia is attracting the attention of the world's biggest banks as it undergoes an economic transformation that in... Read more

Pakistan To Play Five ODIs Against Australia In The UAE

Sports and Eneterainment - Published date: .

Australia refused to visit Pakistan over security fears - day-night matches in Sharjah, Abu Dhabi and Dubai Read more

Pakistan To Play Five ODIs Against Australia In The UAE

Sports and Eneterainment - Published date: .

Australia refused to visit Pakistan over security fears - day-night matches in Sharjah, Abu Dhabi and Dubai Read more

Arcapita Net Income Grows 50% In 2018

Middle East Business News - Published date: .

The Bahrain-based investment firm recently completed a $100 million equity-fund raising round to accelerate investment a... Read more