The indexes are key performance benchmarks for international investors in emerging market debt
Companies cannot recover the tax incurred on goods or services purchased to be given away to staff free of charge
Abu Dhabi’s Al Dahra has been expanding aggressively in eastern Europe in the last five years
Liquidators have started breaking up the operations of private equity firm Abraaj
The company is planning to return to the debt market with a new public issue of US dollar-denominated sukuk
The decision to delay the IPO was prompted by US tariffs on aluminum imports, claims report
It is the latest company to delay a public listing in Saudi
Abu Dhabi Investment Council (ADIC) was merged with Mubadala in March this year
The Visa credit cards will allow users to earn and redeem points at 1,500 Emaar touchpoints across hotels, restaurants and leisure outlets
The bank expects to grow lending by up to 5 per cent this year
The company will invest up to $150m in the second round of the China Everbright Limited New Economy Fund
The lender now has branches in three Saudi cities including Riyadh, Jeddah and Khobar
The targeted field campaigns were carried out by inspection teams during the first week of the new school year
Sanea was detained last year for unpaid debts dating back to 2009
More than a dozen bidders are seeking to buy the bulk of Abraaj’s private equity funds
Abu Dhabi, Bahrain and Riyadh saw their ranking delcine
It would be the kingdom’s second international sale of sukuk after a $9bn transaction last year
The new debt issue would be Saudi Arabia’s second international sukuk, following a $9bn debut deal last year
Regional exchanges are seeking to lure more investors
Aramco plans to buy a controlling stake in SABIC
It hit a new record low of 72.58 against the US dollar on Monday
A similar licence concept currently exists in free zones ADGM and DIFC
Rola Abu Manneh replaces Julian Wynter, who is retiring
Shuaa said it was negotiating a potential acquisition of Amwal in January
The business managed $14bn at its peak
Investcorp has set a goal of reaching $50bn in assets under management
The moves come after MSCI classified Saudi Arabian equity market as an emerging market in June
A total of 22 finalists will undertake the 12-week programme
If successful a deal could be announced as early as this month, Bloomberg said
The Islamic bonds were sold in the kingdom’s monthly auction