JPMorgan Chase & Co, Morgan Stanley, and HSBC Holdings have reportedly been selected
Prices fell 0.4 per cent from a year earlier last month, their first drop since the early 2000s
The sovereign issued a debut $17.5bn bond in October last year
Saudi officials expect the IPO to value Aramco at a minimum of $2 trillion
Three Qatari banks – Masraf Al Rayan, Barwa Bank and International Bank of Qatar – are holding merger talks
Nashar is the first female CEO of a listed Saudi commercial bank
The state-owned financial free zone reached 447 financial firms in 2016
Sarah Al-Suhaimi, the CEO of NCB Capital, has been appointed to the role
The new market is set to open on February 26
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