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BLME Team

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saudi stocks; middle east stock market

Saudi Arabia Returns to Eurobond Market as Gulf Tensions Ease

(Bloomberg) --Saudi Arabia is set to issue its first Eurobond of the year as tensions in the Middle East over the U.S.’s assassination of...
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barclays

Ex-Barclays Banker Boath Won’t Testify in Qatar Fraud Trial

(Bloomberg) --Former Barclays Plc executive Richard Boath won’t testify in his U.K. trial, where he’s accused with two colleagues of hiding payments to Qatar...
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Al Shaibani to Head Dubai Palm-Shaped Island Developer Nakheel

(Bloomberg) --Top government official Mohammed Al Shaibani will take over as chairman of the Dubai-based palm-shaped island developer Nakheel PJSC, replacing Ali Lootah. Al Shaibani,...
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Davos Pushes ‘Greener’ Fuel for Private Jets Leaving World Economic Forum 2020

(Bloomberg) --Private jets flying into Davos this week for the World Economic Forum will be able to fill their tanks with fuel designed to...
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IMF Trims Global Economic Outlook, But Tones Down Risk Warnings

(Bloomberg) -- The International Monetary Fund predicted the world economy will strengthen in 2020, albeit at a slightly weaker pace than previously anticipated amid...
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Qatar’s Intervention Saved Lekoil From $10 Million Loss in Scam

(Bloomberg) --A timely intervention from Qatar’s sovereign wealth fund saved Lekoil Ltd. from a significantly larger loss in a fake loan scam, said a...
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Total, Marubeni to Invest in 800-Megawatt Qatar Solar Plant

(Bloomberg) --Marubeni Corp. and Total SA agreed to take a minority stake in a 1.7 billion-riyal ($464 million) project to build Qatar’s first solar...
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Boeing Gets a Tough Message From a Big Buyer: Drop 737 Max Name

(Bloomberg) --Boeing Co. should rename its 737 Max to help deflect travelers’ safety concerns once the grounded jet returns to the skies, according to...
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Nakheel Chairman Ali Lootah to Leave After 10 Years In Role

(Bloomberg) --Nakheel PJSC Chairman Ali Lootah, who steered the Dubai state-owned developer through a $10.5 billion debt restructuring, is leaving after 10 years in...
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DP world

DP World CEO Is Bullish About Africa and Sees Growth in India

(Bloomberg) -- DP World Ltd. sees growth opportunities in Africa and India, according to Chief Executive Officer Sultan Ahmed bin Sulayem. “I’m very bullish about...
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