Posts Tagged ‘Bahrain’

National Bank of Bahrain seeks to boost stake in Bahrain Islamic

Dubai • National Bank of Bahrain BSC plans to increase its stake in Bahrain Islamic Bank BSC to 43.5% as the Gulf state’s second-biggest lender by market ...

Kuwait bank seeks talks to create Islamic lender with RM371.7b in assets

Lower oil prices over the past 4 years are forcing Gulf lenders to unite for scale and to better compete in a crowded market
Dubai • Kuwait Finance ...

Rising oil cuts Gulf Arab energy borrowings to 2014 level

Dubai • Gulf Arab energy companies retreated from debt markets in the first half of 2018 (1H18) after a banner year for borrowing as higher oil prices ...

Oddity in Bahrain bonds a sign faith in Gulf aid not enough

Dubai • There’s an anomaly forming in Bahrain’s debt market.
The yield on the island kingdom’s dollar bonds maturing July 2022 is about 150 basis ...

Oman blazing the trail, Indonesia and Bahrain fixing rules

Islamic finance expanding faster than conventional nance, says Moody’s
By HABHAJAN SINGH Oman is blazing the trail. Indonesia has seen some ambitious ...
QATAR

Qatar said to tell banks to seek overseas funding

DUBAI • Qatar is telling its banks to tap international investors to raise financing, instead of mainly relying on government funding, people familiar with ...
QATAR

Saudi-led bloc meets to discuss next step in Qatar crisis

KUWAIT • Foreign ministers from Saudi Arabia, the United Arab Emirates (UAE), Bahrain and Egypt convened yesterday to discuss the diplomatic crisis with ...

Qatar crisis mediation is said to be deadlocked

by BloombergEfforts to resolve the standoff between Qatar and a Saudi-led alliance have reached an impasse, according to a Gulf official with direct ...

Qatar sees no basis yet for diplomatic solution

DUBAI • Qatar is still waiting for specific demands from the Saudi-led bloc that has severed ties with the tiny Gulf state, and therefore sees no basis yet ...

Gulf crisis builds as UAE downplays chance of quick fix

DUBAI • The worst crisis in decades among the Gulf’s Arab monarchies intensified on Wednesday, with a Saudi-led alliance imposing more punitive sanctions ...

Qatar seeks Kuwaiti mediation after powerful Arab nations shun it

DOHA/DUBAI  – Qatar’s ruler postponed an address to his country on Tuesday over its sudden and damaging diplomatic isolation from other leading ...

Saudis lead push to isolate defiant Qatar

RIYADH • Four US’ Arab allies led by Saudi Arabia pushed ahead with plans to isolate Qatar in an unprecedented escalation designed to punish one of the ...