The new firm has been formed by merging Mubadala and IPIC
The size of the deal is likely to be larger than a benchmark issue
Oman’s national oil company might get paid as much as two years before oil is delivered
IPIC took its case to the London Court of International Arbitration last June
The companies have not yet released their annual financial statements
Trading of the new shares following the merger will begin from April 2
Two of the IPOs are likely to be finalised within 2017
Both offers will be confined to Qualified Investors
The Gulf states are aiming to introduce a 5 per cent value-added tax
Ras Al Khaimah issued its latest international bond in 2015
The IPO is expected to take place in 2018
Investcorp expects its assets under management to rise to around $21bn in the first half of 2017
The kingdom also Saudised issued new rules for the Saudisation of the mobile shop sector last year
Late last year, the government approved plans to turn state-owned sports clubs into private companies
The strongest salary growth of 3 per cent is expected in the procurement and supply chain sector
Complexity related to the sukuk issuance process is a major hindrance, says S&P
The Islamic bonds will be issued later this year to help fund Aramco’s activities
ArthVeda Fund Management said that Qatar Holding plans to invest in its low and middle income fund
The airport loan covers the first financing portion of the $35bn airport expansion
The combined bank is set to be one of the largest in the Middle East and Africa with assets of around $175bn
The number of delayed payments in the kingdom fell by 8 per cent between the first and second quarters of 2016
A total of 814 runaway cases were recorded in the emirates by the end of Q4, according to Coface
The ministry has also set up a mechanism to reimburse contractors within 60 days
The bank also hopes to roll Liv. out over the next year or so to Saudi Arabia and Egypt
The bank is offering blockchain payments after partnering with US-based Ripple
Abu Dhabi’s largest lender saw higher lending fees and insurance sales
The emirate’s second-largest bank by assets made a net profit attributable to shareholders of Dhs1bn
VAT will be implemented across the GCC from early next year
Strategy& said private sector participation and the privatisation of state assets could save hundreds of billions of dollars
Al Hilal’s CFO Craig Bell will assume the position of acting CEO