Middle East Press Releases
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
Dubai Esports Team Wins Seed Funding From Angel Investor
Middle East Business News - Published date: .
Yalla Esports has secured funding from a group of strategic investors, led by angel investor Kushal Shah Read more
Jet Airways Fails To Pay Interest To Etihad-linked EA Partners
Middle East Business News - Published date: .
Entity set up to finance affiliates of Etihad Airways says Jet Airways India has become the third carrier to fall behind... Read more
Gulf Firms Confront New Era Of Low Oil Prices With Merger Wave
Middle East Business News - Published date: .
The growing number of transactions the Gulf region should encourage public and private companies to consider the M&A... Read more
South African Expats Will Soon Have To Start Paying Tax: A Guide For Those In The UAE
Middle East Business News - Published date: .
Expats living in the UAE will be forced to pay 45% on earnings over $75,000 from March 2020 Read more
Bahrain's Investcorp Sells US Home Maintenance Firm
Middle East Business News - Published date: .
Wrench Group is sold by Investcorp to Leonard Green & Partners, a Los Angeles-based private equity firm Read more
$10bn Saudi Aramco Bond Sale To Close On Wednesday
Middle East Business News - Published date: .
International investors have so far made bids totalling three times the value of the bonds, says Saudi minister Read more
Dubai Islamic Bank Is Said To Consider Acquiring Noor Bank
Middle East Business News - Published date: .
Dubai Islamic Bank held preliminary discussions with Dubai-based Noor Bank's shareholders, according to sources Read more
Ex-Morgan Stanley Banker Leading Middle East Charge Toward Boutiques
Middle East Business News - Published date: .
Boutique advisory firms are earning almost a quarter of all investment-banking fees paid in the Middle East, up from jus... Read more
Interest In Saudi Aramco Bond Sale Said To Reach $26bn
Middle East Business News - Published date: .
State-owned oil giant drums up support for its debut offering at presentations in New York, Chicago, Singapore and Tokyo Read more
UAE's New FDI Law Could Accelerate Inflows By Up To 20%
Middle East Business News - Published date: .
Landmark law will be discussed at the Annual Investment Meeting 2019 in Dubai next week Read more