Reversing the trend would shift the outlook for an economy which shrank last year for the first time in nearly a decade
If Saudi officials are relying on foreign fund inflows for Aramco they may be tempted to wait until early 2019
An exclusivity agreement granted to the private equity firm to finalise the purchase expired on Monday
As digital payments continue to close the gap on cash across the GCC, what is the future of payments in the region?
Citigroup, Deutsche Bank and Standard Chartered are arranging the issue, which will likely have a five year duration, according to sources
Gold had traditionally been classified as a currency in Islamic finance, confining its use to spot transactions
The private equity firm is said to be in talks with Abu Dhabi Financial Group and international financial companies
The new system encourages banks to consider a wider range of trades and counterparties when submitting quotes