Dubai: Riyadh-based ACWA Power said it expects the first of four power generation companies owned by Saudi Electricity Co (SEC) will be offered...
Dubai: Riyadh-based ACWA Power said it expects the first of four power generation companies owned by Saudi Electricity Co (SEC) will be offered...
Cairo: Egypt aims to raise 6 billion pounds ($329m) from the sale of stakes in state companies in the 2017/18 financial year, Finance...
ALGIERS: The International Monetary Fund is urging Algeria to tighten its monetary policy, open up further to foreign investment and reform its subsidy...
LONDON: The Lebanese Republic has set the final yields on a three tranche US dollar bond issue, according to a lead. The issuer...
Dubai: Abu Dhabi Commercial Bank (ADCB), the emirate's second largest bank by assets, raised $230m through the sale of a five-year Formosa bond,...
BEIJING: China and Saudi Arabia will increase their cooperation in the oil sector, including in Saudi oil exports to China, the two countries...
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...
