Initiative would be modelled on Singapore’s Temasek with focus on start-ups

The country’s banking system is in hock to an insolvent state

State-owned oil company’s $1.7tn valuation falls short of kingdom’s ambitions

State funds and families encouraged to buy shares in pursuit of Prince Mohammed target

Stock climbs by maximum amount after world’s biggest IPO

Beirut hit by another sovereign bond downgrade amid political crisis

Forecast of 3.2 per cent growth in 2020 would be improvement on 2.1 per cent in 2019

Once known for its resilience, the country’s fragile financial system has triggered angry protests

Emirate seeks to get grip on sector after prices fall 40% from their 2014 peak

$1.2bn eurobond maturing in March falls sharply as local lenders cash out

The country is trapped in a full-scale emergency that could unravel social bonds

Move designed to assuage fears over army’s growing role in the economy

London-based Ashmore bet heavily on the country’s short-term debt

Finance minister says bail-in may be needed amid severe economic and financial turmoil

Bankers and investors expect rush of debt issues from the Gulf region

Countries from Jordan to Egypt will struggle to mitigate the pandemic’s economic impact

Sale of shares in state-run holding company generates income for government

Saudi Arabia’s PIF has snapped up stakes in a cruise operator, oil groups and a football club

Ignacio Galán says energy distributor’s listing highlights president’s market-friendly policies

Proposal successfully passes committee stages on the way to plenary vote

Investors are right to be sceptical of government’s plans to restore oil group’s fortunes

Mexican government’s rescue plan for debt-laden state oil group underwhelms

New York listing of XP highlights transition to a new world of lower interest rates

Mismanagement and corruption leave some of nation’s biggest teams on brink of collapse

Alberto Fernández seeks to bolster state coffers with tax raid on country’s most powerful industry

Goldman exercises option to sell more stock, bringing total proceeds to $29bn

Wall Street banks that advised on record IPO snub oil group with tepid ratings

Fans cheer prospect of Ashley exit but obstacles remain to getting deal across line

FCA and group seek to clarify positions of BR Shetty and other leading shareholders

Khalid al-Falih to lead a new government ministry for investment

Kingdom to raise crude production and offer deep discounts just as coronavirus hits demand

Italy-based hospital chain was only potential suitor after buyout group KKR ruled out its involvement

Decision to drive down crude price after Russia row will hit revenue

Middle East-focused group’s discovery follows revelations over undisclosed debt

How a squabble between Saudi Arabia and Russia led to ‘the nuclear version of a price war’

Capital expenditure expected to fall 23% at state energy company

State-backed company says it can sustain 12m barrels a day for up to a year

Government revenues plummet as crude prices sink and private sector cuts jobs 

Government to inject equity into state-owned carrier in latest intervention in aviation sector

Rare sign of investor confidence in industry battered by coronavirus pandemic

Former FTSE 100 group has been in turmoil over its financial arrangements for months 

Hospitals run by the former FTSE 100 company are tackling the coronavirus outbreak

Online trading platform says revenue for this year will far exceed expectations

Trading performance may well have peaked and investors should be prepared for losses

My portfolio is down about 35 per cent, but I’m sticking with my small-cap heroes 

City investor will back ailing groups looking to raise capital but warns of difficult decisions

Buyout groups wants a slice of the bailout and with thousands of jobs at risk, they’re hard to turn down

Claer Barrett wants to hear readers’ experiences of accessing business interruption loans

Third of UK small businesses reported so low on cash they cannot survive longer than 2 more weeks

New process likely to be popular but there is room for improvement