Money S. Arabia’s sukuk generate $2bln Aya Anwar Feb 28, 2024 0 Saudi Arabia's sovereign wealth fund secured $2 billion through the issuance of Sukuk, marking its second venture…
Feature Dubai to divest stake in parking business Aya Anwar Feb 27, 2024 0 Dubai’s government selling a 25 per cent ownership share in the city's public parking business through an initial…
Money Saudi deal flow to increase as wealth fund seeks cash Aya Anwar Feb 19, 2024 0 As the Saudi Arabian sovereign wealth fund seeks to raise capital for its ambitious projects, deal activity is…
MENA News S. Arabia’s MMC plans to sell 30% stake in IPO Nada Ali Feb 7, 2024 0 Saudi Arabia's Modern Mills for Food Products Co. (MMC) intends to sell a 30 per cent stake in an initial public…
Banks S. Arabia borrows $12bln in bonds Aya El Sayed Jan 9, 2024 0 Saudi Arabia has raised $12 billion from foreign debt, marking its biggest borrowing since 2017, during a…
Tech/AI Mastercard launches plan to recycle credit cards Sama Mousa Jun 21, 2023 0 Payments company Mastercard launched an international plan on Wednesday to recycle credit and debit cards to save…
Banks HSBC to pay $35 million to resolve yen Libor litigation in U.S. Noha Gad Jun 18, 2016 0 HSBC Holdings Plc (HSBA.L) will pay $35 million to end private U.S. antitrust litigation claiming that it harmed…
Banks Why Foreign Inflation Matters to Janet Yellen Noha Gad Dec 15, 2015 0 Janet Yellen may be about to discover that if all politics is local, all monetary policy is global. As her Federal…
World Banks Lift FTSE 100 to Second Day of Gains Yomna Yasser Jun 26, 2013 0 U.K.’s FTSE 100 index rose for a second straight day on Wednesday, with investors taking a cue from an upbeat…
Banks Saudis Save $1 Bln A Week As Egypt Counts Wheat, HSBC Says Administrator Apr 9, 2013 0 Oil-rich Gulf Arab countries, led by Qatar and Saudi Arabia, are widening the wealth gap with the region’s energy…