Bahrain's Investcorp Inks Commercial Property Deal In Frankfurt
The acquisition is Investcorp's third real estate investment in Germany in the past 12 months Read more
Emirates NBD Sees UAE Rate Climb Reversing On Tax Giveaway
The government probably held as much as $11bn in bank deposits following the introduction of a 5% value-added tax in ear... Read more
Finablr's $200m IPO To Be Completed By Mid-May
Finablr CEO Promoth Manghat said he expects the listing will allow the firm to scale up and explore new opportunities in... Read more
Dubai's Emirates NBD CFO Subramanian To Leave After 9 Years
Surya Subramanian expressed a 'desire to return to Singapore to pursue family interests' Read more
Dubai's Emirates NBD Reports Increased Profits On Loan Growth, Forex
Emirates NBD said economic activity in 2019 to be underpinned by higher oil production as well as increased government s... Read more
Dubai's Biggest Bank Celebrates Listing Of $1bn Bond
Senior banker rings the market-opening bell at Nasdaq Dubai to celebrate the listing of a $1bn conventional bond Read more
Dubai Regulator In Contact With US Counterpart About Abraaj Case
Abraaj founder Arif Naqvi and former managing partner Mustafa Abdel-Wadood were arrested on US charges last week for all... Read more
Abu Dhabi's Privinvest Seeks Compensation From Mozambique Over Hidden Debts
Privinvest and its subsidiaries were the only suppliers for $2 billion of maritime projects for which Mozambique raised ... Read more
Kuwait's Jazeera Airways To Distribute $23m Dividend To Shareholders
With the 2018 dividend, the airline has returned a total of KD84 million in cash to shareholders in the last five years Read more
Saudi Aramco Unit Inks $1.25bn Deal For Hyundai Oilbank Stake
Saudi Aramco says that a subsidiary will buy a 17% stake in South Korea's Hyundai Oilbank Read more
UAE-based Faraj Fund To Help 100 Inmates During Ramadan
The fund has helped over 11,000 prisoners from over 50 countries since it was established in 2009 Read more
First Abu Dhabi Bank's Foreign-ownership Change Lifts Abu Dhabi Stocks
First Abu Dhabi Bank's raised cap for foreigners could trigger passive inflows of about $730 million from investors Read more
Dubai Islamic Bank On The Lookout For Potential Acquisitions
Dubai Islamic Bank was reported last month to be considering buying Noor Bank Read more
Former Abraaj Exec Held In Same New York Jail As Mexico's 'El Chapo' Guzman
Mustafa Abdel-Wadood was apprehended at a New York hotel last week Read more
Saudi Arabia's PIF Said To Seek Bridge Loan Of Up To $8bn
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