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
ADX began operations with the new tick sizes on Sunday
The Dubai Chamber of Commerce has issued several proposals aimed at helping start-ups
National and foreign banks are continuing to seek cost savings, according to the UAE Banks Federation
Market volatility has made investors more cautious about buying Saudi and Kuwaiti stocks
Abraaj filed for provisional liquidation in the Cayman Islands in June
The Indian currency has fallen by 10 per cent so far this year
The two cities will refer fintech firms to each other and work on joint projects
The rupee reached a record low of 70.57 to the US dollar
Up to 220,000 women hold 3.5 billion shares
Nine IPOs raised $881.5m in the MENA region in the second quarter
The criminal case relates to a cheque for Dhs798.9m
The planned listing was to be the cornerstone of the kingdom’s Vision 2030 agenda
The Indian state has seen its worst floods in 100 years
Investors argue they should not have to pay management fees to Abraaj
Dubai-based Abraaj has filed for provisional liquidation in the Cayman Islands
The sovereign wealth fund has been charged with helping to deliver the Vision 2030 reform plan
Tesla CEO Elon Musk has said PIF could help him fund a $72bn deal to take his electric car maker private
Abraaj faces allegations by some investors of misusing their money in a $1bn healthcare fund