Credit conditions for rated insurers in the four largest Gulf Cooperation Council (GCC) markets by gross premiums will remain broadly stable in 2017....
Credit conditions for rated insurers in the four largest Gulf Cooperation Council (GCC) markets by gross premiums will remain broadly stable in 2017....
Saudi Arabian Oil Co. may deepen investment in China’s oil industry as part of $65 billion worth of potential deals signed between the...
Dubai: Kuwait will be a “prudent” borrower after raising $8bn in its first international bond sale at a lower price than other Gulf...
DUBAI: Kuwait’s $8 billion debut international bond issue traded close to Abu Dhabi bonds in the secondary market on Tuesday, suggesting the Gulf's...
Riyadh: Saudi Arabia's Deputy Crown Prince Mohammed bin Salman (pictured), in charge of Saudi Arabia's reforms, left yesterday for Washington to meet President...
Dubai: Dubai’s Majid Al Futtaim, an owner and operator of shopping centres in the Middle East and North Africa, has obtained a $1bn-equivalent...
Dubai: Middle East borrowers are increasingly using loans backed by export credit agencies to fund projects as tightening liquidity makes conventional borrowing more...
DUBAI: The United Arab Emirates' Sharjah Islamic Bank (SIB) plans to issue convertible sukuk equivalent to 10 percent of the lender's capital, it...
Lagos: Abu Dhabi-listed telecoms group Etisalat's Nigerian affiliate is in talks with local banks to renegotiate the terms of a $1.2bn loan it...
MANAMA: U.S. oilfield services and equipment provider McDermott International said on Wednesday it would build a fabrication yard at a shipbuilding complex planned...
Dubai: Most Gulf stock markets fell yesterday as blue chip Emaar Properties pulled down Dubai and stocks going ex-dividend hit Qatar, although Saudi...
CAIRO: Egypt has removed a tariff on raw sugar imports through the end of 2017, Prime Minister Sherif Ismail said on Monday. Traders...
London's iconic cabs were recently adorned with full Gulf Air branding on them as part of a campaign with taxi advertising specialist Sherbet...
London: Saudi Arabia continued to lead Opec’s efforts to cut production, helping the organisation get closer to a goal set out in a...
CAIRO: The Egyptian pound weakened on Wednesday as importers geared up for the Islamic holy month of Ramadan and foreign currency inflows into...
Cairo: Egyptian banks are set to allocate about a quarter of their excess hard currency to foreign firms seeking to repatriate profits, bankers...
Dubai: Most stock markets in the Gulf fell yesterday with Qatar's index hit particularly hard, but Saudi Arabia ended almost flat as petrochemical...
The Arab Monetary Fund (AMF) is organising a Conference on Soundness Indicators for Conventional and Islamic Finance, in cooperation with the International Monetary...
