Dubai: Dubai’s ruler has resisted efforts by Kuwait to release nearly $500 million in frozen funds at the heart of a money-laundering probe straining...
DUBAI: Gulf stocks fell Sunday, pressured by general weakness across emerging markets as investors steered clear of assets perceived as risky due to a...
DUBAI: Gulf stocks were mixed Sunday, with some companies’ positive financial results offsetting a bearish background due to persisting global trade concerns...
DUBAI: Gulf stock markets were up Sunday, reflecting gains in world stocks last week after the threat of tariffs by the United States and China on billions of...
DUBAI: Middle Eastern stock markets mostly fell Sunday – with Saudi petrochemical shares hit particularly hard – in response to a decline by international...
DUBAI: Saudi Arabia has accelerated steps to resolve a $22 billion debt dispute that is seen by investors as a litmus test of Crown Prince Mohammad bin...
DUBAI/LONDON: A boycott of Qatar by its neighbors has prompted HSBC to turn down a leading role on Doha’s new dollar bond as the bank treads a political...
DUBAI: Saudi Aramco is working to secure billions of dollars in cheap loans from banks seeking to strengthen their ties with the oil giant before its stock...
DUBAI: Kingdom Holding’s plan to borrow money to fund new investments has stalled because owner Prince Alwaleed bin Talal has been detained in Saudi Arabia’s...
DUBAI: Dana Gas has revoked an offer to creditors to exchange its outstanding $700 million Islamic bond for new notes, ending the chance of a consensual...
DUBAI: Saudi Arabia has included a disclosure on credit risk retention requirements, part of the U.S. Dodd-Frank Act, in the prospectus of a debut dollar...
DUBAI/LONDON: Saudi Arabia conducted the largest-ever emerging market bond sale Wednesday, selling $17.5 billion of debt in the government’s first...