Business Blog

Indonesia's finance ministry sold IDR3.56 trillion ($273.01 million) of Islamic bonds at an auction.

The resignation comes two days after Egypt's foreign minister condemned remarks by Madani that appeared to mock Egyptian President Abdel Fattah al-Sisi.

Saudi Arabian money market rates dropped for a second straight day on Monday after authorities acted to ease a liquidity crunch.

Chairman of UAE Banks Federation says innovation and proactive policies will help reduce bad debts and loan provisions.

Gulf stock markets may have a soft tone on Monday after oil prices slipped overnight

Abu Dhabi government-owned Al Hilal Bank said on Sunday it had appointed Craig Bell as chief financial officer.