Kuwait's Burgan Bank to meet investors ahead of potential Tier 1 bond
Kuwait's Burgan Bank has chosen banks to arrange meetings with investors ahead of a potential issue of a capital-boosting bond, a document from lead managers said on Thursday, in what would be the first such debt sale from a Kuwaiti entity.
Former finmin Hajraf appointed head of Kuwait's Capital Market Authority
Kuwait's cabinet appointed former finance minister Nayef al-Hajraf as chairman of its Capital Markets Authority.
Saudi market vulnerable to further profit-taking
Saudi Arabia's bourse looks vulnerable to further profit-taking on Tuesday after ending an extended upswing in the last session.