(Bloomberg) –Dubai’s biggest bank is seeking to raise 6.45 billion dirhams ($1.76 billion) from a rights share offering as it expands abroad and courts more foreigners...
(Bloomberg) – The global economy is wobbling and whether it topples over is the big question in financial markets, executive suites and the corridors of power....
(Bloomberg) — Saudi Aramco showed it has made significant progress in restoring damaged oil infrastructure to normal operation just a month after a devastating aerial attack...
(Bloomberg) The guardians of the world economy head to Washington this week under the cloud of a slowing world economy. The annual meetings of the International...
(Bloomberg) Nawaf Abdel-Aziz has never put any money into the stock market before, but he says buying shares in the world’s most profitable company is a...
SMBC Nikko Securities will be the bookrunner for Saudi Aramco’s much-hyped initial public offering (IPO), according to sources quoted by press sources. SMBC Nikko Securities is...
The Sultanate of Oman is not in talks with any of its Gulf neighbours for an aid package, despite a large fiscal deficit, which is decreasing...
His Excellency Mohammed bin Hamad al Rumhi, Oman’s Minister of Oil and Gas, today said that though no deeper oil output cuts were discussed during the...
The GCC Food Industry Report, published by Alpen Capital (ME) Limited – an investment banking advisory firm – forecasts steady growth for the food sector in...
An International Air Transport Association (IATA) data report shows that the global air freight market contracted by 3.2% in July this year, compared to the same...
