Business Blog

It made a net profit of QAR555 million ($152 million)during the three months to Dec 31.

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

Egypt plans to issue a conventional bond which could go up to $2.5 billion in size, investors said

Saudi Binladin Group seeking two-year extension on a 10 billion riyal ($2.7 billion) Islamic credit facility

Alinma Bank reported a 1 percent rise in fourth-quarter net profit on Tuesday, meeting analysts' forecasts.

Qatar's central bank sold QAR15 billion ($4.1 billion) of conventional and Islamic government bonds in its first domestic government debt offer this year.