Bank of Bahrain and Kuwait Acquisition of Ithmaar Takes a Step...
The Bank of Bahrain and Kuwait's acquisition of Ithmaar has taken a step forward. BBK said in a bourse filing on Tuesday (Oct 13)...
Why the Middle East Should Balance both Green and Traditional Energy...
A new era of energy finance is emerging – and it is a greener one. Seismic shifts in nations’ low carbon plans are highlighted...
Saudi’s National Commercial Bank Buys Samba in USD14.8B Deal
Saudi Arabia’s National Commercial Bank said on Sunday it will purchase rival lender Samba Financial Group in a deal valued at USD14.8 billion, creating...
Emirates Development Bank Launches Supply Chain Finance Platform to Help UAE...
Emirates Development Bank launched a National Supply Chain Finance platform on Sunday to help the country’s businesses and SMEs gain easy access to the...
GCC Syndication Has Potential to Become a Permanent Vehicle for Sukuk:...
The Gulf Co-operation Council (GCC) sovereigns and government-related entities have more often tapped the conventional markets for bonds and syndications than sukuk this year,...
Moody’s Assigns New Ratings to Saudi Domestic Sukuk Issuance Programme
Moody’s has assigned a provisional (P)A1 senior unsecured medium-term note (MTN) global scale rating (GSR) and Aaa.sa senior unsecured national scale rating (NSR) to...