Qatar Treasury bills to start trading on bourse

Qatar has completed procedures to list government debt instruments for trade on its securities exchange, to stimulate investment in them by commercial banks and other institutions, the central bank said yesterday.


Top Saudi bank launches RMB proposition

This proposition will provide greater flexibility for Saudi corporates to manage their RMB working capital needs and foreign exchange risk, said the Saudi bank in a statement.


Gulf SWFs opt for prudence

An uncertain outlook for oil prices and a need to increase domestic spending could make the Gulf’s sovereign wealth funds more selective when they invest abroad, even as Europe’s debt crisis pushes down asset prices in the West.