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  • UAE's Dana gas shuffles board amid debt talks

    First UAE company to not pay sukuk

    Saudi and Kuwaiti companies have defaulted on Islamic bonds in the past, leading to complex debt negotiations which have dragged on for years.

    October 31, 2012 10:00
  • Kuwait city

    Why unrest in Kuwait could affect its rating

    Prolonged political stalemate could also undermine Kuwait's rating through its impact on the economy. The public sector is a key engine of the Kuwaiti economy (80% of Kuwaiti nationals work in the public sector) and the development of the private sector is limited.

    October 30, 2012 9:33
  • United Nations

    UN-Arab League Envoy Regrets Syria Truce Not Fully Successful

    U.N.-Arab League peace envoy Lakhdar Brahimi expressed regret on Monday that a U.N.-brokered truce had not been more successful in…

    October 30, 2012 9:29
  • European Court of Human Rights

    UAE scolds EU over Human Rights resolution

    The European resolution was not backed up by any threat of action against the UAE, but international criticism of the U.S. ally in the Gulf has caused friction in the past.

    October 27, 2012 9:31
  • Abu Dhabi

    New Abu Dhabi debt policy to cut risks

    The document introduces centralised mechanisms to manage debt and restraints on borrowing by quasi-sovereign bodies.

    October 24, 2012 5:38
  • Etisalat ready for mergers and acquisitions

    Etisalat wants to be ready for M&A – Interview

    Etisalat operates in 15 countries across the Middle East, Africa and Asia after a multi-billion dollar splurge buying foreign licences and stakes over the past decade.

    October 24, 2012 5:26
  • Romney and Obama in final Presidential Debate

    Obama ‘attacks’ Romney in Foreign Policy debate

    With one last chance for the candidates to appeal to millions of voters watching on television, Obama was the aggressor from the start.

    October 23, 2012 8:59
  • Saudi Zain Telecom

    Du looks to mobile data

    Data's growing contribution to mobile revenue is part of du's push to focus more on increasing earnings per-customer rather than on expanding mobile market share.

    October 22, 2012 5:46
  • 200-emiratesnbd

    Emirates NBD still in talks on loan curbs

    The Dubai based bank is still talking with the Central Bank to get a satisfactory situation with new lending limits.

    October 22, 2012 3:36