Saudi Arabia's capital market regulator will introduce rules for credit rating agencies next September, part of reforms aimed at modernising the financial sector of the world's top oil exporter.
The rules, which outline th
Abu Dhabi financial services company Invest AD and Sberbank, one of the largest banks in Russia, have signed a co-operation agreement to introduce their clients to opportunities in their respective private equity, trade finance
Saudi Arabia's Capital Market Authority is allowing subscription rights for share offers to be listed and traded on the Saudi stock market, as it modernises the market in preparation to permit the entry of foreign investors
Amana Capital, a leader in the Middle East in the online trading sector, has announced a partnership with Trading Central, a leading signal provider of specialized technical and financial analysis and forex signals worldwide.&n
Kuwait's new loan-to-deposit ratio rules for banks are aimed at encouraging capital market development, improving asset-liability matching and boosting credit supply, the country's new central bank governor said on Monday.
The initial public offerings (IPO) in the GCC markets continued spiralling downwards in the fourth quarter of 2011 as three IPOs raised a mere $212 million, registering a 79 per cent drop in the offering values year on year, said a report.
The equity capital markets (ECM) issuance in the Middle East region grew 47 per cent to reach $10.2 billion in 2011 compared to $6.9 billion the previous year, according to Thomson Reuters.
Even though the ECM issuance witnessed growth du
The capital markets in the Mena region raised $843.9 million in 2011 down 69.3 per cent when compared to $2.8 billion the previous year, according to a new report by Ernst & Young (E&Y).
The year closed with IPO funds worth $226.1