Lebanon's Finance Ministry selected Fransabank, SGBL, Citigroup, and Standard Chartered Bank to manage the issuance of the new eurobonds. (AFP/Daniel Roland)
October 06, 2015 - 21:40 GMT
Lebanon has designated four Lebanese and international banks to co-manage the issuance of $1.3 billion in new eurobonds, sources said Monday.
A recent study found that most people in the UAE don't think they will be targeted by a cyber attack. (Al Bawaba/File)
October 06, 2015 - 21:06 GMT
An IT security company has expressed concern that most people in the UAE are underestimating the threat of cyber security attacks
The Haramain train will travel at a speed of 300 km per hour. (AFP/File)
October 06, 2015 - 20:37 GMT
The Haramain train, linking the holy cities of Makkah and Madinah as well as the business city of Jeddah, will transport more than three million passengers a year.
Prices are down due to increased regulations, inflation, and the strength of the UAE Dirham, according to a report. (Al Bawaba/File)
October 06, 2015 - 20:01 GMT
The apartment prices in Dubai, UAE have fallen 11 per cent in the past one year and will decline further because of tighter regulations, rising inflation and a strong UAE currency, said a report.
The apps seek to improve the productivity of a business and its employees. (Pixabay/File)
October 06, 2015 - 16:25 GMT
Google has offered small-sized Egyptian businesses and start-ups discounted prices for purchasing Google’s applications through “Google Apps for Work”. It dropped the cost of the business-application bundle from $50 per person per year to only $30.
At $397B, the size of GCC pension funds is relatively low. (Shutterstock)
October 06, 2015 - 12:00 GMT
A new report examines public pension funds for nationals and expatriates, and suggests that it's time for a rethink.
The grant will also boost facilities to control and move goods through the country. (AFP/File)
October 06, 2015 - 11:00 GMT
Kuwait's Arab Fund will finance the deal which is part of the Jordan 2025 vision for commercial development.
Egypt has previously imposed rice export bans according to fluctuating demand. (Shutterstock)
October 06, 2015 - 10:00 GMT
Ban was introduced last month when reports indicated consumption exceeded production.
Financial institutions must deliver digital services to appeal to milennials, a lucrative market.
October 06, 2015 - 09:13 GMT
Banks are struggling to keep up with the digital revolution, with customers expecting a seamless delivery of services across various online channels.
The tennis arenas are part of a massive expansion of 360 Mall in Kuwait. The project intends to attract a wider range of visitors to the mall. (Facebook)
October 05, 2015 - 22:48 GMT
A developer confirmed Monday that a tennis stadium will be built at the 360 Mall in Kuwait. The project will begin next month and should be completed in 2019.
Standard & Poor's will host the 4th Annual Islamic Finance Conference in Dubai on October 6, 2015. (Al Bawaba/File)
October 05, 2015 - 19:13 GMT
2016 will be a crossroads for Islamic finance, according to Standard & Poor’s Ratings Services (S&P). Falling oil prices and low interest rates internationally present a challenge, while the standardization of Islamic finance products