HSBC To Merge Oman Unit With OIB
HSBC Holdings PLC said it will combine its Omani division with local lender Oman International Bank in a deal that…
Egypt’s Grand Mufti visits Al-Aqsa Mosque
One of Egypt's leading Islamic clerics has prayed at the al-Aqsa mosque in Jerusalem, despite Arab opposition to…
Samih Sawiris Raises Beltone Capital Stake to 12.8%
Samih Sawiris has raised his stake in Beltone Financial Holding’ (BTFH.CA) Beltone Capital to 12.8 % through SOS…
Fitch Affirms National Bank of Ras Al-Khaimah At ‘BBB+’
Fitch Ratings has affirmed National Bank of Ras Al-Khaimah's (Rakbank) Long-term Issuer Default Rating (IDR) at…
Asian Shares Mostly Drop, Hong Kong Advances
Japanese shares fell on Thursday, under-performing the rest of the Asian region, while Hong Kong and Australian…
Nestle Closes to Pfizer’s Deal at $10bln
Nestle is reportedly closing in on a deal to buy Pfizer's infant nutrition business, a win that would give it a…
Dubai Ranks the 2nd Most Attracting City for International Retailers
Dubai Chamber of Commerce and Industry hosted a launch press conference organised by CB Richard Ellis (CBRE)…
Aldar Signs Revolving Credit Facility of Dh4b with NBAD
Aldar Properties, Abu Dhabi's largest property developer by market capitalization, said Tuesday it had signed a Dh4…
Google’s Page Describes Android as “Important but not Critical”
The Android Smartphone operating system is a very important asset for Google, but it is not critical, Google's…
Experts: Investing in Public Infrastructure is Very Vital During Economic Downturn
In light of the Arab Spring and seismic shifts in availability of global finance, Middle East governments are…