Dubai Islamic Bank To Boost Capital Through Sukuk Sale
Gulf banks are expected to comply with tighter Basel III global standards for core capital, which will be gradually introduced over coming years.
March 5, 2013 10:56-
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Arabtec’s new Chief says Aabar not seeking stake increase
Ismaik was also quoted saying Arabtec wants to preserve its liquidity and does not want to borrow more and increase its debt.
March 3, 2013 10:08 -
The Dubai-Psy confusion cleared up
My Music X releases official statement to clear up confusion.
February 28, 2013 5:00
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Dubai’s DEWA to set guidance for sukuk
Dubai Electricity and Water Authority will price a benchmark-sized, dollar-denominated Islamic bond on Thursday, a statement from lead arrangers said.
February 27, 2013 5:22 -
Qtel will now be ‘Ooredoo’
It said all operations in which it owns a controlling interest would be rebranded under the new name, which means "I want" in Arabic.
February 26, 2013 11:16 -
Abu Dhabi Royal Scraps Agreement For Pakistan Real Estate Project
No reason was given for the cancellation in a statement by the Abu Dhabi Group, which Sheikh Nahayan chairs.
February 26, 2013 11:12
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SARS-like virus takes seven lives
The WHO first issued an international alert in September 2012 after the virus infected a Qatari man in Britain who had recently been in Saudi Arabia.
February 22, 2013 7:06 -
London Shard Group will handle 1,000-metre tower in Saudi
The tower's height will exceed a kilometre - precisely by how much is a secret but the structure will take over from Dubai's 828-metre tall Burj Khalifa as the world's tallest skyscraper.
February 21, 2013 11:07 -
Retirement fears have grasped UAE residents
When the financial crisis first hit, people expected the storm would pass, but today’s findings reveal much darker clouds on the horizon for those who fail to plan ahead.
February 20, 2013 10:23
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Role of women in Saudi takes a big leap
One fifth of the new Shura Council are women.
February 20, 2013 9:55 -
du drops plans for KSA
Du said its fourth-quarter net profit more than doubled after it wrote back tax provisions.
February 19, 2013 6:05 -
Qatar Holding looks for overseas opportunities
The listing on the Qatar Exchange will have 6 billion riyals in paid-up capital with half from Qatar Holdingwith the remainder raised from the private sector.
February 19, 2013 6:02
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Nakheel wants to extend loan deadline
"Nakheel will grow and grow and grow in a more careful manner and with a more well-studied strategy and plan," Lootah was quoted as saying.
February 17, 2013 12:33 -
Etihad still unsure about Jet Airways deal?
When asked if a Jet deal would be signed by March or April, Sheikh Hamed said: "I don't know....we need to revise it."
February 17, 2013 12:22 -
Dubai plans world’s largest Ferris Wheel
Dubai's ruler approved the 6 billion dirham Bluewaters Island development on Wednesday.
February 14, 2013 8:50
