$37.6 billion bonds and sukuk issued in GCC
Kuwait Financial Centre (Markaz), in its recent research report titled GCC Bonds & Sukuk Market Survey, has highlighted the trends...
Finance
Saudis shore up SR 1.5 billion steel plant venture in Oman
A big steel plant with a capital of SR 1.5 billion ($400 million) will be established in Dhofar, Oman, by...
Beirut-based fund invests $ 20 million in Egypt-based energy firm
Beirut-based private equity fund EuroMena II announced that it has invested US$ 20 million in Egypt-based Sakson Petroleum Services Holding...
Anti-risk strategies boost Saudi banks
High oil prices, rising consumer spending and major infrastructure projects are likely to contribute to continuing strong growth in banks...
Kuwait’s banking sector's resiliency improves
The Institute of International Finance indicated that Kuwait's banking sector is better positioned to face the spillovers of external shocks,...
Qatar to have new Islamic Bank
A new Islamic bank with a $1bn capital is expected to be set up under the Qatar Financial Centre (QFC),...
Expats in Qatar sent QR30.8 billion to home countries in 2011
Remittances routed by expatriate workers to their home countries soared to about QR30.8bn, a 4.5 percent increase in 2011 compared...
Capital markets become a priority in Qatar
Capital markets in Qatar should receive a boost from recently announced reforms that clarify oversight, broaden access and simplify transactions....
JD5 million Lebanese investment at Jordan’s Muwaqqar industrial city
Jordan Industrial Estate Corporation (JIEC) signed a JD5 million contract with a Lebanese investor to set up a plastic manufacturing...
Ajman sets ambitious plans to woo investors
The municipality of Ajman has undertaken several projects to improve the infrastructure in the emirate and attract investors and tourists.The...
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