Agenda for the ABA's Annual General Meeting and Proxy Form

The 34th Annual General Meeting of the Arab Bankers Association will take place on Thursday 11 September at 43 Upper Grosvenor Street. The meeting will start at 6pm. Please click on "Read More" for further details, including copies of the agenda, proxy voting form, and minutes of last year's meeting.

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Saudi CMA issues draft foreign investment regulation

The Saudi Capital Market Authority has issued draft regulations for the registration of foreign financial institutions wishing to invest on the Saudi stock market. Interested parties have until 20 November to submit comments on the draft. The CMA expects that the Tadawul will be open for qualified foreign investors to invest in listed shares during the first half of 2015.

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UK Sovereign Sukuk 10-Times Oversubscribed

The UK Government's $200mn sukuk issue was oversubscribed ten times when it was launched in June. The sukuk had a tenor of five years. Its yield of 2.036%.

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