First Gulf Bank plans five-year bond
FGB plans to issue the new bond under its $3.5 billion euro medium term notes programme
October 1, 2012 4:06-
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Aldar, Sorouh merger news seen “within a month”
Abu Dhabi has spent more than $10 billion on the company, equivalent to the amount it deployed to rescue Dubai from a bond default in 2009.
September 30, 2012 4:39 -
Qatar Airways chief dismisses rumours
lliances were set up in the 1990s to help airlines take advantage of each other's marketing and traffic in the face of tightly controlled bilateral traffic rights
September 30, 2012 4:33
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Abu Dhabi airport growth outpaces Dubai
Over the last couple of years, the Abu Dhabi airport, home to the emirate's Etihad airline, has started to emerge as a significant competitor
September 30, 2012 11:38 -
Etihad sees 2012 revenue above $5 billion – CEO
How much of the Abu Dhabi based airline's revenue was generated through partnerships?
September 30, 2012 11:29 -
Emaar sells hotel to Abu Dhabi firm
Dubai's largest developer has looked to shift away from its home market where real estate prices have slumped by more than 60 percent in the aftermath of the debt crisis in 2009.
September 29, 2012 4:33
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Saudi deports 150 female pilgrims and hold 1,000
We were not given water to drink; there was no food for us and we remained glued on our seats in our aircraft for all those hours, said Hajia Amina Musa, as she broke down and wept.
September 27, 2012 12:25 -
National Bank of Fujairah to replace Barclays on UAE rate panel
There has been no suggestion that Barclays tried to manipulate Eibor, which is used to price financial instruments in the Gulf's top financial centre
September 27, 2012 10:35 -
Dubai e-commerce site gets $20 million investment
Rising populations and the growth of small businesses are expected to support more venture capital transactions in the Middle East and North Africa over coming years.
September 26, 2012 9:48
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France accepts Qatari millions for troubled suburbs
Business ties between France and Qatar have deepened in the past five years as the euro zone's No. 2 economy has overcome instincts for economic patriotism, welcoming investment in areas from sports to real estate and infrastructure.
September 25, 2012 8:52 -
Abu Dhabi sees GDP acceleration next year
Abu Dhabi does not regularly release GDP data, but officials estimated late last year that the emirate's economy would expand about 4.5 percent in 2011.
September 24, 2012 3:44 -
Qatari man critically ill in UK with SARS-like virus
The WHO said the Qatari patient had gone to the doctor on September 3, 2012, suffering from the symptoms of an acute respiratory infection.
September 24, 2012 2:26
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DEWA eyes Sukuk issue in 2013 – CEO
DEWA, which was recently upgraded to investment-grade by ratings agency Moody's, will benefit from lower borrowing costs as a result, Al-Tayer said
September 24, 2012 11:30 -
UAE committed to supplying customers with oil needs
Ali al-Naimi, Oil Minister of the world's top exporter Saudi Arabia, expressed concern on Monday about high oil prices and said the kingdom would take steps to moderate them.
September 24, 2012 10:14 -
Credit Suisse cuts Dubai banking jobs
"At least two senior bankers in Dubai were asked to leave and around five back office staff from the investment banking department are relocating to Qatar," one person familiar with the matter told Reuters.
September 23, 2012 2:22
