Most of the cash came from state sources
What inclusion in major equity indexes might mean for the kingdom’s economy
The company blamed a drop in hotel revenue and dividend income
The bond attracted investor orders totaling almost four times the amount
The card will offer savings on admission tickets, F&B and merchandise
The offer and rates are the same as the previous domestic bond issue
The region is continuing to feel a strong impact from low oil prices
The bank made a net profit of Dhs1.66bn in the three months to September 30
A small number of potential buyers from Saudi Arabia and the wider Middle East have started negotiations, sources said
“It’s one of the major loan deals to expect in the region – it’s going to be huge,” said one source
The merger is expected to take place during the first quarter of 2017
The amount was received before a suspension of petroleum aid by Saudi, which began on October 1
The technology will be used for global remittances and trade finance
The lender also said on Wednesday that its managing director Bernd Van Linder has resigned
Emirates Trade Bank will specialise in international trade and commodity financing
The Awqaf International Organization aims to coordinate commercial efforts of sharia-compliant charitable foundations
The emirate is transferring purchases overseen by the former RAKIA CEO, who it accuses of a $1.5bn fraud
All markets are still being considered for the IPO of up to 5 per cent of Aramco, said Amin Nasser
The Monetary Authority of Singapore (MAS) on Tuesday said it had ordered Zurich-based Falcon Private Bank’s Singapore branch to cease operating
The rules aim to expand guidance on transactions that currently lack standardisation
The bank reported a net profit of QAR3.45bn ($947.5m) in the three months to September 30
The government has not yet sent banks a request for proposals to arrange the issue
Alain Dib will lead Waha’s investment businesses
The project will extend Dubai Metro’s Red Line to the 2020 World Expo site
The firm is said to be aiming for a reporting format similar to multinational oil companies BP and ExxonMobil
Alabbar-led investment group Adeptio agreed in June to pay $2.4bn to buy a 69 per cent stake in Americana
Gross foreign reserves held by the central bank shrank to $2.78bn on June 30 this year from $6.06bn in 2014
Mohamed Abdel Bary has been appointed regional CFO for Africa and Middle East with immediate effect
Bank lending and overall money supply has gradually slowed
The layoffs mainly affected junior staff, according to reports