LONDON: Saudi Arabia has launched a US$17.5bn bond deal comprising five, 10 and 30-year bonds, according to a lead. A US$5.5bn five-year note...
LONDON: Saudi Arabia has launched a US$17.5bn bond deal comprising five, 10 and 30-year bonds, according to a lead. A US$5.5bn five-year note...
DUBAI: Al Rajhi Bank, Saudi Arabia's second-largest lender by assets, reported a 16.7 percent rise in its third-quarter net profit on Monday, meeting ...
DUBAI: Jordan's government has raised 34 million dinars ($47.9 million) in its first issue of a local currency sukuk for its own funding...
MUSCAT: Oman, seeking to bolster state finances as low oil prices slash its revenues, will raise electricity prices for large government, commercial and...
Dubai: Saudi Hollandi Bank said yesterday that it would meet with shareholders to discuss changing the name of the kingdom’s oldest lender. Industry...
ISTANBUL: Saudi Aramco signed a number of memorandum of understandings (MoUs) with leading Turkish companies to further strengthen commercial and investment relations between...
DUBAI: Riyad Bank, Saudi Arabia's fourth-largest lender by assets, posted an 18.9 percent fall in third-quarter net profit on Tuesday, missing analysts' forecasts...
ISTANBUL: World Energy Congress 2016 will open new horizons to form a sustainable global energy future, combined with Turkey's motto of "energy for...
DUBAI: Emirates Islamic Bank, the shariah-compliant arm of Dubai's largest lender, said on Thursday it plans to raise 1.5 billion dirhams ($408 million)...
DUBAI: Akron Trade and Transport, a United Arab Emirates shipping company, is in the market to raise $150 million through a syndicated loan,...
DUBAI: Abu Dhabi National Oil Co (ADNOC) said on Tuesday it planned to consolidate the operations of two of its offshore oil companies...
Riyadh: Saudi government workers will be paid according to the Gregorian calendar instead of the Islamic Hijri calendar, making the working month longer...
DUBAI: Saudi Arabia's securities regulator has suspended trade in the shares of the kingdom's listed telecommunications operators after the government decided to extend...
Riyadh: Hundreds of Pakistani construction workers are to fly home from Saudi Arabia this week but without the salaries they have waited months...
MANAMA: Saudi Arabia's state-owned oil giant Aramco plans to invest a total of about $334 billion by 2025, including spending on infrastructure and...
DOHA: The GCC electronic manufacturing industry, which includes computer products, has witnessed remarkable growth during the last few years. With a compound annual...
Iran introduced credit cards for the first time on Sunday, the Iranian Students' News Agency (ISNA) reported. Iran is looking to bolster its...
RIYADH: Saudi Arabia's central bank said on Sunday it has decided to inject around 20 billion Saudi riyals ($5.33 billion) in time deposits...
