Gulf International Bank (GIB) has announced its debut of Saudi riyal bond issuance through its Riyadh branch. The bank has mandated GIB Financial Services and HSBC as joint lead arrangers and book runners for the bond transaction.
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Iraq has taken a symbolic step toward re-integrating into the global economy, with an agreement to connect an Iraqi bank electronically with international currency markets. Executives for the Trade Bank of Iraq and UK-based...
by: Ray November 27, 2009 | about: The term “Black Swan” is used far too often in today’s discussions about the financial markets and it pertains to unforeseen events that cause havoc on the economy or the markets themselves....
DUBAI — Construction equipment manufacturer JCB bagged its first sale in the Middle East of a new product launched at the Big 5 construction show in Dubai which ended on Thursday. JCB Power Products said it signed a $100,000...
1. The reason for the decline of net income during the third quarter compared to the same quarter last year is due to the sharp decline in the global prices of petrochemical, plastic and metal products as a result of the global...