| Other Top News |
| Saudi banks to benefit from strong sukuk market growth |
The Saudi sukuk market will continue to grow over the next 12-18 months, a credit positive for Saudi banks, following a new record SR 25.2 billion ($ 6.7 billion) issuance of riyal-denominated sukuk in 2012, says Moody's Investors Service in a..
|
| ADPC and Abu Dhabi Customs sign an agreement |
Abu Dhabi Ports Company has announced the signing of a strategic partnership agreement with Abu Dhabi Customs...
|
| Qatar Holding sells back 10pc Porsche stake |
Qatar Hol-ding, the investment arm of the state's sovereign wealth fund, has sold its 10 percent stake in Porsche SE to the luxury carmaker's family shareholders, four years after it first invested in the firm...
|
| India cuts Iran oil imports by more than 40pc |
India cut its Iranian oil imports by more than 40 percent in the first five months of the year, replacing the crude with shipments from Venezuela, Iraq and Oman, and pushing Iran down four places to seventh among its suppliers...
|
| Oman's market to see major IPOs |
Bright outlook surrounding the Sultanate's macro-economic scenario, despite the global economic meltdown, is paving the way for a robust Initial Public Offerings (IPO) market...
|
