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Last Updated: Mon, May 30 2016 | 10:19 AM |
Dubai's DP World says $1.2bn raised in new sukuk
Banking & Finance»

Dubai's DP World says $1.2bn raised in new sukuk

Monday, 30 May 2016 2:19 PM

Port operator says seven-year sukuk was oversubscribed, will be listed on NASDAQ Dubai

GCC gov'ts to make 'tough choices' on spending in new era of cheap oil
Construction»

GCC gov'ts to make 'tough choices' on spending in new era of cheap oil

Monday, 30 May 2016 2:19 PM

New Deloitte report says new economic reality will constrain the amount of funding for GCC capital and infrastructure projects

Oman regulator approves MB Holding's $150m sukuk plan
Banking & Finance»

Oman regulator approves MB Holding's $150m sukuk plan

Monday, 30 May 2016 2:18 PM

Conglomerate's Islamic bond programme will be only the second corporate sukuk in the sultanate

Saudi central bank's foreign assets shrink $6bn in April
Politics & Economics»

Saudi central bank's foreign assets shrink $6bn in April

Monday, 30 May 2016 8:31 AM

Official data shows 1.1% drop from previous month to $572 billion

Kuwait's KNPC in talks for $6.4bn in loans for Clean Fuels project
Energy»

Kuwait's KNPC in talks for $6.4bn in loans for Clean Fuels project

Sunday, 29 May 2016 7:35 PM

State-owned KNPC refiner signed loans worth 3.97 billion with Kuwaiti lenders in April

Qatar National Bank says closes syndication of $2.5bn 3-yr loan
Banking & Finance»

Qatar National Bank says closes syndication of $2.5bn 3-yr loan

Sunday, 29 May 2016 10:59 AM

Loan facility, which was increased due to "strong market over-subscription", will be used for general corporate purposes

UK's HMRC said to lose bid to recover $73m stamp duty from Qatar firm
Banking & Finance»

UK's HMRC said to lose bid to recover $73m stamp duty from Qatar firm

Saturday, 28 May 2016 12:21 AM

Three Court of Appeal judges rule that HM Revenue & Customs had pursued the wrong party for the tax

Abu Dhabi's ADFG arranges financing for Palm Jumeirah project
Banking & Finance»

Abu Dhabi's ADFG arranges financing for Palm Jumeirah project

Saturday, 28 May 2016 12:03 AM

Abu Dhabi Financial Group provides debt facility for IFA's Balqis Residence development in Dubai

Saudi Arabia says no plans to change exchange rate policy
Politics & Economics»

Saudi Arabia says no plans to change exchange rate policy

Friday, 27 May 2016 2:45 AM

Central bank governor riyal currency has been suffering due to market speculation that the policy might change

Bahrain's GFH to list Khaleeji bank subsidiary in Dubai
Banking & Finance»

Bahrain's GFH to list Khaleeji bank subsidiary in Dubai

Thursday, 26 May 2016 4:55 PM

GFH Financial Group also says it plans to acquire a financial services company to increase shareholder value

Foreign investors still cautious after opening up of Saudi's Tadawul
Markets»

Foreign investors still cautious after opening up of Saudi's Tadawul

Thursday, 26 May 2016 1:43 PM

Jadwa research note says net inflow from foreign investors make up just 0.1% of market capitalisation

Qatar launches $9bn bond sale to help plug budget deficit
Politics & Economics»

Qatar launches $9bn bond sale to help plug budget deficit

Thursday, 26 May 2016 1:42 PM

World's top liquefied natural gas exporter is the latest in a flurry of offerings from the Gulf region

Dubai's Limitless says will make $653m debt payment on Saturday
Banking & Finance»

Dubai's Limitless says will make $653m debt payment on Saturday

Wednesday, 25 May 2016 4:19 PM

Real estate developer says payment will cover first instalment of debt deal seven months ahead of time

Saudi Arabia urged to keep options open on US currency peg
Politics & Economics»

Saudi Arabia urged to keep options open on US currency peg

Wednesday, 25 May 2016 3:10 PM

Saudi central bank reserch paper could shape debate among policymakers as the kingdom grapples with low oil prices

Dubai's Shuaa Capital says no business impact from lay-offs
Banking & Finance»

Dubai's Shuaa Capital says no business impact from lay-offs

Wednesday, 25 May 2016 2:51 PM

Financial firm says six employees have been axed, most of them in support roles


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