Business Blog

Oman's funding needs are expected to remain significant this year because of slow fiscal consolidation and a widening account deficit

Oman's funding needs are expected to remain significant this year because of slow fiscal consolidation and a widening account deficit

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

Bahrain's Al Baraka Banking Group has launched a $400 million Tier 1 sukuk.

The perpetual sukuk, non callable for five years, has received orders of more than $1.6 billion.

Initial guidance was released earlier in the day in the low- to mid-8 percent area