In the rapidly evolving gig economy, there is a new way to car shop: spot one on the road that appeals, snap its photo with your phone and an app will contact...
Qatar’s sovereign wealth fund sold a block of shares in luxury jewelry retailer Tiffany & Co. weeks after reducing stakes in Credit Suisse Group AG and...
After struggling to find an international buyer, Credit Agricole SA is selling half its stake in Banque Saudi Fransi to billionaire Prince Alwaleed bin Talal...
CVC Capital Partners is considering its first investment in the Middle East as Europe’s largest private equity company works to expand its business into new...
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: The Mediterranean & Gulf Insurance & Reinsurance Co., a Saudi insurer known as MedGulf, is weighing putting itself up for sale, according to three...
DUBAI: Just a few years back, the business relationship between the U.S. and Saudi Arabia was pretty simple: The Americans bought oil, and the Saudis spent...
DUBAI: JPMorgan Chase & Co. plans to move hundreds of London-based bankers to expanded offices in Dublin, Frankfurt and Luxembourg to preserve easy access to...
HSBC Holdings PLC and Royal Bank of Scotland Group PLC’s Saudi Arabia ventures are exploring a potential merger to create the kingdom’s third-largest lender...
DUBAI: Saudi Arabia’s billionaire Olayan family, Credit Suisse Group AG’s largest shareholder, is considering selling shares in some of its local assets, a...
DUBAI: Saudi Arabia’s Samba Financial Group named Rania Mahmoud Nashar as chief executive officer, the second woman recruited for a top finance-industry...
DUBAI: Saudi Arabian Oil Co. picked four banks to advise on its first bond sale, two people familiar with the matter said, ahead of plans for the world’s...
DUBAI: Saudi Arabia central bank Governor Ahmed Alkholifey said a cash crunch that squeezed commercial lenders last year is over and that he’s open to more...
DUBAI: Saudi Arabia is working with PricewaterhouseCoopers on plans to cancel about $20 billion of projects as the kingdom seeks to shore up its finances, two...
DUBAI: Government-controlled Saudi Telecom Co. will invest $100 million in Middle East-based ride-hailing app Careem Networks FZ, giving the 4-year-old...
DUBAI: Saudi Arabia is repaying debts to contractors after long delays that squeezed company finances and hurt investor sentiment. Stocks gained after Finance...
DUBAI: Saudi Arabia is exploring the possibility of granting more licenses to foreign banks and easing restrictions on their operations to boost growth in the...
DUBAI: Saudi Arabia, home to the Gulf’s biggest stock market, will allow foreign investors to subscribe to initial public offerings in the kingdom from...
A jump in oil exports, business deals signed with global companies and inflation tamed: One year since Iranian negotiators gathered with the world’s top...
DUBAI: When news broke in January that Saudi Arabia was considering an initial public offering of its state-owned oil company, the first reaction on Wall...
DUBAI: Banks in the United Arab Emirates began marketing to other lenders a $850 million loan made to the Investment Corporation of Dubai for the construction...
DUBAI: Saudi Arabia plans to hold a debt auction next week, its first bond sale of the year, as the world’s largest oil exporter seeks to plug a budget...
DUBAI: Banks in the United Arab Emirates are prepared for deteriorating conditions into next year as oil prices remain lower for longer, leading to a decline...
DUBAI: China and the United Arab Emirates agreed to create a $10 billion co-investment fund to make strategic deals around the world as the Gulf nation seeks...
DUBAI: Dubai’s slowing economy, the rout in commodities and strict debt repayment laws are reviving a phenomenon that symbolized the emirate’s crash in 2009:...