Abu Dhabi Financial Group agreed to a reverse merger with Shuaa Capital PSC that will create a bank managing $12.8 billion of assets. The deal values the Abu...
More than 20 Gulf financial institutions with total assets exceeding $1 trillion are in merger talks, part of an unprecedented wave of consolidation in the...
Saudi Arabia’s sovereign wealth fund has started preliminary talks with banks to raise a loan expected to be between $5 billion and $8 billion as it seeks...
Abu Dhabi is considering combining Abu Dhabi Islamic Bank PJSC with First Abu Dhabi Bank PJSC to create the Middle East’s largest lender, according to people...
Saudi Aramco could issue its first international bonds as early as next week for about $10 billion to help fund the acquisition of petrochemicals giant Sabic,...
Qatar, known for its jumbo debt offerings, is returning to international capital markets with a three-part dollar bond sale. It isn’t clear how big the...
When Saudi Arabia cut ties with Qatar in mid-2017, many international bankers chose to chase a potential fee windfall in Riyadh over doing deals with its rich...
Dubai Holding LLC, the investment firm owned by the emirate’s ruler, will develop an area close to its iconic Burj al-Arab hotel. Downtown Jumeira will...
Saudi Aramco has sent a request for proposals to banks for its first-ever international U.S. dollar bond and loan to finance the acquisition of petrochemical...
Noor Bank PJSC, which provided a $100 million loan to the collapsed Abraaj Group, won the right to swap the debt for stakes in some of the Dubai-based buyout...
Oman is seeking to raise as much as $1.2 billion to finance infrastructure at the country’s Duqm Special Economic Zone. Standard Chartered Plc is working as...
Saudi Aramco is weighing tapping the international bond market for the first time to finance the acquisition of petrochemical giant Sabic, a move into global...
By most accounts, Dubai’s biggest bank got a good deal when it agreed to buy Turkey’s Denizbank AS for $3.2 billion. The question is whether that’s enough to...
Almost a year of claims, counterclaims and litigation is beginning to wind down for Dana Gas PJSC bondholders, including BlackRock Inc. and Goldman Sachs...
It’s troubling for any asset manager, but this dispute has the potential to damage a region. Allegations that one of the biggest and oldest private equity...
Kuwait is weighing plans to sell dollar-denominated bonds, according to people familiar with the matter, joining other Gulf Cooperation Council states also...
Saudi Arabian Oil Co. is set to appoint banks including Goldman Sachs Group Inc. and Citigroup Inc. to help manage its initial public offering, people...
Some Qatari banks are becoming less willing to sell dollars to foreign lenders amid a lingering regional standoff with a Saudi-led alliance, according to...
Qatar is considering raising at least $9 billion from international bond markets as the gas-rich nation boycotted by its neighbors seeks to replenish state...
Bahrain refused to process bids by Qatari investors for its largest-ever bond offering after cutting ties with the gas-rich Gulf state in June, according to...
Mitsubishi UFJ Financial Group Inc. is looking to hire in Saudi Arabia as the lender seeks to benefit from privatizations valued at more than $350 billion...
Some international banks are serving Qatar from London and New York instead of Dubai’s financial center as the ongoing standoff makes it harder to do business...
Saudi Arabia, the Arab world’s biggest economy, started the sale of its first riyal-denominated debt in 10 months, according to people with knowledge of the...
JPMorgan Chase & Co. and Citigroup Inc., the biggest debt arrangers in the Middle East and North Africa, expect regional sales to slow for the rest of the...
DUBAI: Some Qatari banks are boosting interest rates on dollar deposits to shore up liquidity as a Saudi-led campaign to isolate the gas-rich Arab state...