Kuwait's Global Sells NHS Scotland Building In Edinburgh
Global Investment House says it has sold a property which is leased out to the Scottish government Read more
Saudi Arabia's Alinma Bank CEO Says Open To Merger Opportunities
Saudi Arabia's banking landscape is changing with lenders exploring merger, says Alinma Bank boss Read more
Dubai Islamic Bank Weighs Acquisition Of Local Rival Noor Bank
Dubai Islamic Bank's acquisition of Noor Bank would create a lender with $75bn in assets Read more
Dubai Bank Offers Private Island As Prize In Loyalty Points Promotion
The location of the island is being kept under wraps but Liv says it is the size of five football fields and is connecte... Read more
Lenders Cut Rates On Network's $328m Loan Before London IPO
Network International's share sale earlier this month was one of Europe's biggest offering this year. Read more
US Prosecutors Accuse Former Abraaj Exec Of Hiding Financial Shortcomings
US prosecutors allege that former managing partner Sivendran Vetttivetpillai advocated the fraud in an e-mail to chief e... Read more
Saudi Construction Giant Dar Al Arkan To Redeem $400m Sukuk
Dar Al Arkan Real Estate Development Company says to pay sukuk out of its internal cash reserves Read more
UAE's Al Hilal Bank Plans Digital Transformation Under New CEO
Amr Al Menhali, newly appointed as Al Hilal Bank's CEO, will lead a digital transformation to enhance customer experienc... Read more
Saudi Arabia, UAE Pledge $3 Billion To Sudan
The two countries pledge includes a $500 million injection of funds into Sudan's Central Bank Read more
Bahrain's GIB Establishes Saudi Arm With $2bn Capital
The bank's Saudi arm will be owned equally by GIB and Saudi Arabia's Public Investment Fund Read more
Dubai Offers Investment Opportunities In Major Public Parks
Dubai Municipality says investors are being sought for Creek Park, Mamzar Smart Park, Mushrif Park, Zabeel Park and Safa... Read more
The Rise And Fall Of Dubai's Abraaj Group
They were managing $14bn in assets but the star players behind The Abraaj Group, Arif Naqvi and Mustafa Abdel-Wadood, ar... Read more
Third Senior Abraaj Executive Said To Have Been Arrested
Sev Vettivetpillai, a former Abraaj managing partner, has reportedly been arrested for extradition to the US and is due ... Read more
Kuwait-backed Firm Buys 50% Stake In UK Shopping Mall
Cale Street Investments, a firm backed by the Kuwait Investment Office, has announced a 50/50 joint venture for the Intu... Read more
Saudi Mining Giant Says To Make First International Acquisition
Ma'aden says deal for an 85% stake in the Mauritius-based Meridian Group is due to be completed by September Read more