kuwait
Saudi Arabia's PIF Said To Seek Bridge Loan Of Up To $8bn
Middle East Business News - Published date: .
The Public Investment Fund is said to have begun talks with banks to raise a loan expected to be between $5bn and $8bn Read more
Lebanon Said To Plan $2bn Eurobond Issue
Middle East Business News - Published date: .
Lebanon is planning to cut its budget-deficit-to-GDP ratio from 11% to 9%, according to a top government economic advise... Read more
Dubai's Damac Secures $229m Financing For Luxury London Project
Middle East Business News - Published date: .
Three banks provide funds for Damac Tower at Nine Elms, the first in Europe to be designed in partnership with Versace H... Read more
Abraaj CEO Charged With Fraud In US After Dubai Firm's Collapse
Middle East Business News - Published date: .
Arif Naqvi, the founder and ex-CEO of Abraaj, was arrested Wednesday in the UK and is awaiting possible extradition to t... Read more
Uber Files Documents For IPO After Careem Deal
Middle East Business News - Published date: .
Uber's valuation in its latest private investment round was more than $70 billion Read more
Saudi Aramco's $12bn Bond Deal Fizzles As Sell-off Continues
Middle East Business News - Published date: .
Offering sinks for a second straight day, marking a quick sell-off that calls into question the depth of the deal's $100... Read more
Trendy Makeover For Saudi Arabia's Delayed Banking Hub
Middle East Business News - Published date: .
The King Abdullah Financial District is being revamped to blend business with residential and lifestyle destinations Read more
Alwaleed's Kingdom Said To Swerve Deal For Saudi Aramco Bonds
Middle East Business News - Published date: .
Kingdom Holding CEO Talal Ibrahim al-Maiman says yield on Aramco bonds was 'a bit lower' than what the company would exp... Read more
The $100bn Man: How Aramco CEO Amin Nasser Delivered The Record-breaking Bond
Middle East Business News - Published date: .
For Nasser, perhaps more at ease with Saudi geology than Wall Street finances, the deal is the culmination of a 37-year ... Read more
Prince Alwaleed's Kingdom Holding To Decide On $1bn Property Spin-off
Middle East Business News - Published date: .
IPOs and real estate investment trusts are among options for the portfolio of domestic real-estate assets Read more
Investors Turn Lukewarm On Saudi Aramco After Bond Debut
Middle East Business News - Published date: .
Enthusiasm over one of the most oversubscribed debt deals ever is running out of steam in the first full day of trading Read more
Sharjah Gov't Says To Invest $300m In Invest Bank
Middle East Business News - Published date: .
Shareholders of Sharjah-based Invest Bank have approved an investment of AED1.1 billion by the Government of Sharjah Read more
UAE's Mubadala Opens New York Office Amid US Push
Middle East Business News - Published date: .
Mubadala Investment Co adds New York to offices in San Francisco as it looks to build presence in the US Read more
Dubai's Network International Jumps In Early Trading After $1.4bn London IPO
Middle East Business News - Published date: .
Based on the sale price, the company will have a market value of $2.85bn Read more
HSBC Appoints New CEO For Middle East Region
Middle East Business News - Published date: .
Martin Tricaud has been appointed CEO for the Middle East, North Africa and Turkey region, succeeding Georges Elhedery Read more
Standard Chartered Reaches $1.1bn Settlement On Iran Sanctions
Middle East Business News - Published date: .
The penalties also cover some $600m in US transactions from 2008 to 2014 that originated at Standard Chartered's London ... Read more
Saudi Aramco Bond Debut Raises $12bn Amid Record Demand
Middle East Business News - Published date: .
Demand for Saudi Aramco's debut offering was so robust it allowed the energy giant to borrow at a lower yield than its s... Read more
Saudi Aramco Bond Sale Said To Attract Record $92bn Demand
Middle East Business News - Published date: .
Source says state oil giant is set to bump up bond to $12bn following heavy demand Read more
Bahrain SWF's Property Arm To Buy 36% In Car Parks Firm
Middle East Business News - Published date: .
Bahrain Real Estate Investment Company says to acquire 36.6% of shares in the Bahrain Car Parks Company Read more
UAE Payment Firm Finablr To Launch London IPO
Middle East Business News - Published date: .
Holding firm Finablr is behind brands UAE Exchange, Travelex Holdings and Xpress Money Read more