In March, Mubadala sold 45 million shares in AMD for around $613m
Oman has borrowed over $10bn this year to replenish coffers hit hard by lower oil prices
The loan, with a three-year maturity, will be provided by a group of seven banks
The sultanate has already raised $7bn from international bonds this year
The regulations establish a framework for loan and investment crowdfunding
The law lays out common procedures and rules to be applied to all taxes in the UAE
El Erian is also chief economic advisor to Allianz
Banks are said to be serving Qatari clients from other locations due to regional sensitivities
The IPO is expected to be the world’s biggest and is targeted to raise $100bn
The central bank’s net foreign assets climbed to $493.3bn last month
Mashreq was the first UAE lender to open an office in Qatar
The move makes it the first financial watchdog in the Gulf to act on the new blacklist
The deposits fell after Saudi, UAE, Egypt and Bahrain cut diplomatic and transport ties with Doha
Of the five major banks to publish earnings this quarter, four have reported improved profits
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