Qatar plans domestic ratings agency
The country is seeking to set up a bond rating agency to help local companies access capital markets, the Qatar...
Business & Economy
Qatar first investment bank acquires two London properties
Qatar First Investment Bank (QFIB) has acquired two properties in central London, The Leinster Inn Hotel at Leinster Square and...
Investment in MENA private equity market seen improving
Confidence among regional General Partners (GPs) has bounced back and outlook became more positive for the long-term prospects for PE...
Doha Bank plans 50% capital increase
Doha Bank, the Qatari lender which issued a US$500m bond in March, plans to raise its capital by 50 percent...
Saudi Arabia preparing for mortgages
New legislation paving the way for Saudi Arabia’s banks to provide mortgages to clients should see the loan portfolios −...
Spinneys opens a new branch in Lebanon, Byblos
Spinneys, the leading supermarket retailer in the Middle East and North Africa, opened its newest branch in Byblos, providing 200...
Saudi private sector fuels real GDP growth
The healthy performance of the Saudi economy continued into the second quarter of 2012 albeit at slower pace than previous...
Saudi-Singapore venture targets SR 1.5 billion projects
The newly established Saudi-Singapore company aims to invest in mega projects worth SR 1.5 billion in the Kingdom, said Abdullah...
KSA largest steel consumer in the GCC
Saudi Arabia has become one of the largest steel consumers in the GCC region owing to rising steel demand for...
Kuwait's GDP bounces back at 21%
The Kuwait economy has bounced back reasonably well in the post-crisis period, Kuwait National Bank (NBK) said, noting that the...
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