DUBAI: Volatility in US Treasury yields and a dip in investor appetite for emerging market credits could put a brake on new issuance...
DUBAI: Volatility in US Treasury yields and a dip in investor appetite for emerging market credits could put a brake on new issuance...
An investor walks past electronic boards displaying stock information at the ADX Abu Dhabi Securities Exchange. DUBAI: Investors are betting that the United...
DUBAI: Arabtec Holding expects a series of recent contract wins to boost its 2013 earnings and the Dubai contractor is targeting a dividend...
DUBAI: Zain Saudi, the kingdom’s third-largest telecom operator, has signed a SR2.25bn ($600m) Islamic loan guaranteed by its parent company. The three-year murabaha...
DUBAI: Wealthy individuals in the Middle East and Africa saw the value of their assets rise by 9.1 percent to $4.8 trillion in...
DUBAI: Egypt’s bourse dropped to a five-week low yesterday, making its biggest one-day loss in two months on increasing fears of political instability,...
DUBAI: The Iraqi unit of Kuwaiti telecoms company Zain launched subscriptions for a long-delayed public share offering yesterday, fulfilling a pledge made in...
ABU DHABI: The United Arab Emirates is merging its two flagship state aluminium firms to create the world’s fifth largest aluminium company with...
BAGHDAD: Iraq is in talks with foreign energy firms to lower long-term oil production targets agreed several years ago because of sagging global...
DUBAI: Saudi Arabia’s No.2 mobile company Etihad Etisalat (Mobily) is in talks to buy a stake in loss-making fixed-line operator Etihad Atheeb, according...
DUBAI: State-owned Islamic Bank of Thailand plans to increase its capital by 7.11bn baht ($234.9m) and issue a 5bn baht sukuk, the country’s...
MANAMA: Growth in cross-border Islamic bond issues points to greater convergence in an industry that has been divided by tensions between the Middle...
DUBAI: Dubai mall developer Majid Al Futtaim (MAF), has delayed plans to raise at least $500m from a hybrid bond sale to fund...
DUBAI: Bahrain’s budget deficit widened sevenfold in 2012 to 227m dinars ($601m), but stayed well below an initial plan as the country reined...
DUBAI: Kuwait Finance House (KFH), the Gulf Arab state’s largest Islamic bank, will begin a KD64m ($223.9m) capital increase programme on Wednesday to...
RIYADH: Emirates National Oil Co (ENOC) has cut the retail price of diesel by 20 fils to Dh3.50 a litre, it said yesterday....
DALLAS: Kinder Morgan Energy Partners LP said that it has shelved plans for a pipeline carrying crude oil from Texas to California because...
CAIRO: Egypt has converted $2.5bn that Qatar lent it in December into 18-month notes and is working to convert another $3bn lent this...
