Business Blog

Bahrain expected to offer premiums to issue multi-tranche bond

Bahrain is expected to offer investors significant premiums over its outstanding debt.

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Dubai's Union Properties may issue sukuk to back MotorCity project

Company will raise about $545mln per year of financing, says chairman.

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Real estate exhibition boosts Dubai developers

The start of a major international real estate exhibition in Dubai on Monday boosted shares in some second-tier developers, helping to drive broader market gains there.

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Markets may have firm tone on global environment

Gulf stock markets may have a modestly firm tone on Monday because of a positive global environment and strong short-term technicals

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Mideast stocks factors to watch on September 11

Here are some factors that may affect Middle East stock markets on Monday.

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Bahrain's Al Baraka revs up Africa footprint with Morocco venture

Bahrain's Al Baraka Banking Group plans to launch an Islamic finance venture in Morocco in an effort to diversify assets and revenues as the lender expands its operations in Africa

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