Business Blog

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

* Deal values Alawwal Bank at $5 bln * Largest Saudi banking M&A deal * Expected to complete in H1 2019 (Adds advisers, RBS lockup, milestone) By Tom Arnold DUBAI, Oct 4 (Reuters) - Saudi British Bank (SABB) 1060.SE and smaller rival Alawwal Bank...

** Shares in Saudi Arabia's Alawwal Bank 1040.SE gain 4.4 pct to 14.82 riyals in early trade, Saudi British Bank 1060.SE adds 0.8 pct to 32.50 riyals ** Banks say they entered binding merger agreement urn:newsml:reuters.com:*:nFWN1WK03D; Alawwal...

Iran is developing a range of new financial products, from Islamic bonds to warrants and insurance-linked securities

Bahrain's Al Baraka Banking Group has launched a digital banking service in Germany

Corporate and emerging market bond sales fell in the third quarter due to rising borrowing costs and trade tensions