Official data from Saudi Arabia shows that the private sector non-oil growth was stable in May, with the Purchasing Managers’ Index slightly decreasing to 56.4 from 57 in April...
Given that 51% of sustainable issuances in the Gulf region take the form of bonds, there is a strong expectation that they will benefit significantly from the heightened awareness being cultivated by COP28...
Having a pension fund when the interest rate is high makes it more than a rollicking prospect rather than investing in the stock market in the current financial atmosphere...
Fitch Ratings observed that its forecast for UAE's DCM market is backed by the fact that banks are important debt investors and are demonstrating decent liquidity as well as solid deposit growth...
In August 2023, the New Development Bank reportedly issued both R1 billion five-year bond and R500 million three-year note, as the auction attracted R2.67 billion in bids...