Aldar Unit Lists $500m Sukuk On Abu Dhabi Stock Market
Aldar Investment Properties says sukuk issuance was six times oversubscribed Read more
AB Crossfire: Will Cryptocurrency Replace Fiat In The Near Future?
Amidst concerns over volatility, regulations and the absence of a unified legislation, will cryptocurrency go mainstream... Read more
Drake & Scull Chief Vows To Complete Probe Into 'hidden Losses'
Chairman says new management is committed to completing ongoing investigations into all actions taken by the company's p... Read more
Bahrain's Investcorp Inks Deal To Target Chinese Tech Investments
Investcorp and China Everbright Limited announce they are combining their investment teams to target the Chinese technol... Read more
Islamic Banking Penetration In The UAE Hits New High
Islamic Banking Index by Emirates Islamic, which was first launched in 2014, shows penetration levels this year are at t... Read more
Opinion: Is Optimism Over Global Trade Talks A Bit Premature?
Financial markets have been dialling back on risk on two fronts: US-China trade and Brexit Read more
UAE Bank Launches New Digital Platform To Support SMEs
National Bank of Ras Al Khaimah unveils SMEsouk initiative to create digital ecosystem for small businesses Read more
SoftBank Posts $6.5bn Operating Loss On WeWork, Uber
The $100 billion Vision Fund had been a driver of profit growth at SoftBank, contributing over $14 billion in mostly pap... Read more
$1.4trn: How Far Apart Banks Are On Aramco IPO Valuation
Among 16 banks that offered an Aramco valuation, the range in estimates ran from $1.1trn at the bottom right up to $2.5t... Read more
Some Saudis Mull Selling Homes To Invest In Aramco IPO
From tapping lenders to selling personal assets, Saudis are scrambling to raise cash to invest in Aramco stocks Read more
Lebanon Banks Told To Boost Capital To Ease Growing Pressure
Banque du Liban said raising capital by $4bn would help banks 'confront the current situation and any future development... Read more
Double-digit Drop In Saudi Expat Remittances For First Nine Months
Transfer of money by Saudis outside the kingdom also down 9% compared to last year Read more
UAE To Sell Federal Bonds For The First Time In 2020, Senior Official Says
In 2018, the UAE issued a law which allows the country's federal government to begin issuing sovereign debt Read more
Bahrain Hospital Losses Weigh On UAE's Amanat Net Profit
Amanat Holdings has recorded a 38% increase in nine-month net profit despite losses related to Bahrain hospital investme... Read more
How Saudis Have Been Saving Up For Historic Aramco Share Sale
Everyone is being encouraged to invest in the kingdom's most important asset and many Saudis see the IPO as a demonstrat... Read more