The centre will house the Middle East representative office of the International Court of Arbitration
The UAE’s largest lender First Abu Dhabi Bank was created this year following the merger of National Bank of Abu Dhabi and First Gulf Bank
Saudi Civil Aviation Holding plans to sell a minority stake in Riyadh’s King Khalid International Airport
A contraction in the oil sector is expected to offset non-oil growth, according to Oxford Economics
Saudi Arabia’s government auctioned sukuk with maturities of five, seven and 10 years
The loan is expected to be in a range of $4bn to $5bn, a source said
Credit demand is expected to continue rising slowly in the current quarter
The key aspects of FinTech that the region’s banks must consider in the coming months
The company said the decrease was due to pressure on yields in its transport segment, which includes Dubai airline Emirates
The lender’s profit growth came on the back of strong income from Islamic financing
The DUbai-based lender made a net profit of Dhs2.02bn in the second quarter
A senior finance ministry official estimated in May that local debt issues would cover 25 to 35 per cent of the 2017 deficit
The Gulf’s banking sector is consolidating as three years of low oil prices squeeze deposits
A media report quoted sources as saying that the diplomatic crisis was “the main reason for the deal being postponed”
The refinancing of the $1bn loan by Doha Festival City was being coordinated by investment bank QInvest
Officials say lack of necessary preparation is cause for concern
London is seen as one of the frontrunners for what is expected to be the world’s largest IPO
Investcorp had bought Esmalglass in July 2012
The listing of ADNOC’s distribution business is planned before the end of the year
Despite the increase, banking fees fell 15 per cent during the period
The bank’s net profit for the first half of the year rose 9.3 per cent due to higher net interest income
The Qatar central bank claims to have $40bn in reserves plus gold, while the QIA has $300bn in reserves
The stock market has met with six or seven firms to discuss potential listings, an official has said
Green bonds are gaining traction in the Middle East
With advances in financial technology developing at pace, we look at how the GCC fits into the global picture
ADIA last year broadened its focus in Asian private equity markets, particularly China and India
Residence permits will not be renewed and exit/re-entry visas will not be issued for expatriates unless the fees are paid
The acquisition was made from private equity firm Emerging Capital Partners
Stocks tumbled across the board on Sunday, with 41 lower and only one higher
GDP, adjusted for inflation, shrank 0.5 per cent year-on-year between January and March, its first fall since 2009