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Last Updated: Thu, Jan 19 2017 | 9:29 PM |
Sukuk market will remain subdued in 2017, says S&P
Banking & Finance»

Sukuk market will remain subdued in 2017, says S&P

Friday, 20 January 2017 1:29 AM

Ratings agency says global sukuk issuance fell short of market expectations last year

Saudi's Kingdom Holding posts 6% rise in Q4 net profit
Banking & Finance»

Saudi's Kingdom Holding posts 6% rise in Q4 net profit

Thursday, 19 January 2017 4:29 PM

Investment firm owned by billionaire Prince Alwaleed bin Talal says earnings boosted by rise in hotel revenue

UAE launches $50m fund for Caribbean clean energy projects
Energy»

UAE launches $50m fund for Caribbean clean energy projects

Thursday, 19 January 2017 1:57 PM

UAE-Caribbean Renewable Energy Fund represents one of the largest-ever single investments in the region

Saudi Arabia set to debate 6% levy on expat remittances
Politics & Economics»

Saudi Arabia set to debate 6% levy on expat remittances

Thursday, 19 January 2017 1:57 PM

Shoura Council member claims move is a response to rising levels of remittances in Gulf kingdom

DIFC firms told to do more to combat money laundering
Banking & Finance»

DIFC firms told to do more to combat money laundering

Thursday, 19 January 2017 12:51 PM

Free zone authority issues list of recommended measures to limit risks financial crime

Kuwait banking to remain 'subdued' in 2017 – research
Banking & Finance»

Kuwait banking to remain 'subdued' in 2017 – research

Thursday, 19 January 2017 12:33 PM

Infrastructure projects to boost lending but subsidy cuts will impact on household spending, says BMI

Saudi Arabia's Al Rajhi Bank reports 5% profit hike
Banking & Finance»

Saudi Arabia's Al Rajhi Bank reports 5% profit hike

Thursday, 19 January 2017 11:01 AM

Kingdom's second-largest lender by assets has reported five consecutive quarters of profit

QNB said to raise $1bn syndicated loan in Asia
Banking & Finance»

QNB said to raise $1bn syndicated loan in Asia

Thursday, 19 January 2017 10:46 AM

Agricultural Bank of China said to have leading role in three-year facility

Saudi's largest bank posts 7.5% rise in Q4 net profit
Banking & Finance»

Saudi's largest bank posts 7.5% rise in Q4 net profit

Wednesday, 18 January 2017 7:03 PM

National Commercial Bank says quarterly performance boosted by higher income from commission and investments

Qatar Islamic Bank Q4 net profit up 2%, hikes dividend
Banking & Finance»

Qatar Islamic Bank Q4 net profit up 2%, hikes dividend

Wednesday, 18 January 2017 5:10 PM

Gulf state's largest sharia-compliant lender says it made profit of $152m in three months to Dec 31

Etihad says not looking to take stake in Germany's Lufthansa
Transport»

Etihad says not looking to take stake in Germany's Lufthansa

Wednesday, 18 January 2017 5:02 PM

Spokesman for Abu Dhabi airline denies reports that it may take financial stake in rival carrier

Gulf's largest lender set to increase share capital by 10%
Banking & Finance»

Gulf's largest lender set to increase share capital by 10%

Wednesday, 18 January 2017 2:22 PM

Qatar National Bank says it plans to distribute bonus shares worth $230m

US giant Amazon said to walk away from deal to buy Dubai's Souq.com
Retail»

US giant Amazon said to walk away from deal to buy Dubai's Souq.com

Wednesday, 18 January 2017 1:59 PM

E-commerce business is now reportedly seeking other potential investors, in talks with mall operator Majid Al Futtaim

Dubai's Abraaj to sell Entertainer stake, sees IPO for Careem - CEO
Banking & Finance»

Dubai's Abraaj to sell Entertainer stake, sees IPO for Careem - CEO

Wednesday, 18 January 2017 10:04 AM

Private-equity firm plans to launch global fund to focus on defence, healthcare and education, says Arif Naqvi

Russian state bank lent billions to fund Qatar-Glencore Rosneft privatisation deal
Banking & Finance»

Russian state bank lent billions to fund Qatar-Glencore Rosneft privatisation deal

Wednesday, 18 January 2017 9:30 AM

Loan was a stopgap until other financing was put in place but the fact that it was required shows last-minute scramble by the Kremlin and its allies to get the Rosneft sale over the line


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