Qatar eyes major stakes in seven European banks
Qatar is considering buying major stakes in investment banks in Europe. Negotiations are underway with seven banks suffering from accumulated...
Finance
IIF: Capital inflows into the region to remain broadly unchanged
According to the Institute of International Finance (IIF), net private capital flows to Emerging Africa and Middle East are projected...
Barclays foresees a steady 2012 real growth for GCC countries
In its latest quarterly report on emerging markets, Barclays indicated that prospects of a global growth slowdown and receding risk...
Islamic banking market in Qatar worth $35 billion
The size of Islamic banking market in Qatar is worth $35bn. The sector accounts for an estimated 19.3 percent of...
QInvest arranges $200 million syndicated loan facility for Turkey’s Tupras
Türkiye Petrol Rafinerileri AS (Tupras) has signed a $200m, one-year facility with a syndicate of nine banks from the GCC,...
Qatar aims for a stake in Versace
Doha-based Mayhoola for Investments, the Qatari fund which acquired the Italian fashion house Valentino for €700m ($857.5m) this summer, is...
Saudi Arabia to finance Morocco projects worth $1.25 billion
Saudi Finance Minister Ibrahim Al-Assaf said Saudi Arabia would finance a number of development projects worth $ 1.25 billion in...
Qatar leads GCC in money supply growth
Qatar recorded the highest broad money supply growth in the region in 2011 and during the first eight months of...
Domestic liquidity in GCC grows 5.2% to $778 billion
GCC countries continue to have ample domestic liquidity, according to QNB Group analysis. Higher energy prices and increased hydrocarbons production...
Saudi Arabia leads in Middle East FDI
Saudi Arabia, Qatar and the UAE accounted for 62 percent of the total foreign direct investment (FDI) projects in the...
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