Sunday 22 April 2018
 
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Gulf Navigation selects Al Ramz to manage rights issue

Dubai-based Gulf Navigation Holding has appointed Al Ramz Corporation Investment and Development, listed in Dubai Financial Market as a Co-Bookrunner, to manage its rights issue in order to increase its capital to Dh1 billion ($272.26 million).

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Saudi Arabia to announce tourist visa rules by Q1-end

Details about tourist visas to Saudi Arabia will be announced at the end of the first quarter, a report said. According to The Saudi Commission for Tourism and National Heritage (SCTH), regulations will be issued once they have be

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Saudi Arabia 'to grant tourist visas to nationals of 65 countries'

Saudi Arabia plans to issue tourist visas for travellers from 65 countries as part of a new programme, a report said quoting a senior official. The initiative, which will help steer the kingdom's economy away from its oil depe

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Saudi Arabia 'ready to welcome tourists'

Saudi Arabia is ready to welcome its first tourists as the government has sanctioned a Jeddah travel agency in category D to issue visas for tourists and for educational or medical treatment purposes inside and outside the kingdom, a report said

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Dentons advises OETC on $500m notes issue

Dentons, a leading global law firm, has advised Oman Electricity Transmission Company (OETC) on the issuance by OmGrid Funding Limited of $500 million guaranteed notes, guaranteed by OETC. OETC is a member of Nama Group and is the

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Asar helps Kuwait set up debut $8bn issue

Al Ruwayeh & Partners (Asar), a leading corporate law firm said it had acted as law counsel to Kuwait, acting through the Ministry of Finance and represented by the Kuwait Investment Authority, for the establishment of its Global Medium Term

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Asar helps Kuwait set up debut $8bn issue

Al Ruwayeh & Partners (Asar), a leading corporate law firm said it had acted as law counsel to Kuwait, acting through the Ministry of Finance and represented by the Kuwait Investment Authority, for the establishment of its Global Medium Term

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Trading of Dubai Parks and Resorts rights issue set to start

The rights issue of Dubai Parks and Resorts is due to be tradable on the Dubai Financial Market (DFM) exchange between May 4 and May 18, the DFM announced today. The rights issue will be solely tradable with a distinct trading symbol (D

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BBK launches $265m convertible bond issue

Bahrain-based Bank of Bahrain and Kuwait (BBK) has launched a BD100 million ($265.3 million) convertible bonds issue to boost its capital ratios, said a report in the Gulf Daily News (GDN), our sister publication.  

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Tunisia to issue $1bn euro-denominated bonds

Tunisia is preparing to issue Euro-denominated bonds worth €750 million to €1 billion ($833.48 million to $1 billion) within a few weeks, a government official told Reuters on Friday.   "We will go

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