Finance


UK Regulator Fines Barclays $51mn After It Drops Appeal Over Qatar Dealings

Middle East Business News - Published date: .

The fine by the Financial Conduct Authority dates back to the 2008 crisis, when Barclays scrambled to raise funds from ... Read more

Morgan Stanley To Set Up Mideast Regional HQ In Saudi Arabia

Middle East Business News - Published date: .

The regulatory nod will make it the latest Western bank to expand its operations in the country Read more

How Coronavirus Is Changing Banking For The Better

Middle East Business News - Published date: .

Redefining finance for good: Virtual CXO Forum to take place on October 7 Read more

Saudi Arabia's Fannie Mae Buys Up $800m Of Mortgages

Middle East Business News - Published date: .

Deal is the largest ever housing real estate refinancing transaction and first-of-its-kind in the kingdom Read more

Sustainable Investing Gains Momentum In Wake Of Covid-19

Middle East Business News - Published date: .

In the UAE, 81% of investors said they believe a sense of fear will prevail for a long time Read more

NMC Health Backer Weighs Strategic Options, Debt Revamp

Middle East Business News - Published date: .

Abu Dhabi-based KBBO Group is being advised by KPMG on ways to restructure its debt, according to reports Read more

Market Devouring Record Gulf Bonds Won't Touch Oman, Bahrain

Middle East Business News - Published date: .

Oman and Bahrain are all but shut out from bond funding, waiting for their yields to retreat before wading into the mark... Read more

Coronavirus: Abu Dhabi Announces $4.1bn Tenders For Local Businesses

Middle East Business News - Published date: .

Abu Dhabi Local Content programme includes 1,244 tenders, aimed at boosting productivity and strengthening supply chain... Read more

Gulf Sovereign Wealth Funds Could Shed $300bn Amid Covid-19 Chaos

Middle East Business News - Published date: .

Hedge funds and private-equity firms on Wall Street could lose a substantial piece of business as Gulf funds channel wea... Read more

Cash-strapped Lebanon Looking To Eurobond Buyers To Ease Financial Strain

Middle East Business News - Published date: .

Lebanon has mandated four banks to market the latest Eurobond sale, which is due to be finalised this month Read more