Middle East Business News

Saudi Arabia Said To Mull Increase In Lending For Aramco IPO

Sources say Saudi Arabian Monetary Authority met banks this week to discuss how much they can lend to domestic stock buy... Read more

Gulf Islamic Investments: Providing A Diverse Set Of Investment Opportunities

Gulf Islamic Investments and its team enjoy a track record of managing $2.8 billion in assets and securing $5.6 billion ... Read more

Bahrain's Investcorp Set To Invest At Least $500m Into Saudi Arabia

Investcorp co-CEO says investment will focus on healthcare, education, social housing, infrastructure, roads, utilities Read more

Gulf Countries Cut Interest Rates, Following US Fed Move

Kuwait lowers borrowing costs for the first time since 2012 in response to US Federal Reserve's decision Read more

Future Investment Initiative: Why It's Okay To Return To Saudi Arabia

How Wall Street titans have smiled and schmoozed at a Saudi investment conference widely shunned last year Read more

Dubai's Samana Group Eyes $1bn Investments As It Sets Up China Base

Imran Farooq, Samana Group CEO is hoping for Chinese investment in three new real estate projects to be launched Read more

Dubai Firm To Invest $50m In Middle East Gaming, ESports Ecosystem

W Ventures says funds to be invested into a new business model that aims to improve gaming in the region Read more

UAE Minister Of Economy And 6 Senior Government Officials To Highlight UAE Economic Advantages At Sharjah FDI Forum

Regional and global leaders, economists and business experts will join senior UAE government officials at the 5th editio... Read more

Date Set For Emirates NBD Rights Issue On Dubai's DFM

Dubai Financial Market says rights issue of the emirate's largest bank is due to be traded between November 3-14 Read more

Saudi Arabia's Sovereign Fund To Invest $10bn In Brazil

The two governments will form a council over the next two weeks, which will define the sectors and the timing of the inv... Read more

Video: Russia Is Increasing Its Presence In The Middle East - RDIF

Kirill Dmitriev, chief executive officer at Russian Direct Investment Fund speaking the sidelines of the Future Investme... Read more

In Pictures: Future Investment Initiative Forum Kicks Off In Riyadh

Number of panel discussions involving 300 speakers from over 30 countries, including American officials and heads of glo... Read more

Standard Chartered Pre-tax Profit Up 16% In Q3

The lender said it earned $1.24 billion before tax in July-September, against forecasts for a drop Read more

Saudi Arabia Signs $15bn Deals On Opening Day Of Investment Conference

Over 24 deals agreed including $1bn agreement between Saudi Aramco and Spanish outfit Tubacex Read more

UAE's Biggest Bank FAB Expands Saudi Operations

First Abu Dhabi Bank announces opening of a branch in Al Khobar, with Jeddah to follow shortly Read more