Qatar Central Bank to issue 4 billion riyals debt
The central bank did not give the time period for these issues.
March 10, 2013 11:08-
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Etisalat sees 2013 revenue of up to $9.4 Bln
Etisalat, the Gulf’s No. 2 telecom operator, expects 2013 revenue of up to $9.4 billion, according to a presentation the…
March 7, 2013 12:48 -
DP World sells Hong Kong assets for $742 million
DP World has been selling assets globally since last year.
March 7, 2013 11:42
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Emirates Airline picks six banks
Emirates airline, Dubai’s flagship carrier, has hired six banks to arrange a potential dollar-denominated, benchmark sukuk sale, lead arrangers said on…
March 6, 2013 9:47 -
Bahrain’s Central Bank demands stricter rules
"There's no room for small banks. The economic atmosphere is challenging," says Maraj, Central Bank Governor.
March 6, 2013 9:42 -
Clash erupts between Prince Alwaleed and Forbes
Saudi Prince Alwaleed, one of the world's richest men, has 'severed ties' with Forbes for underestimating his wealth.
March 5, 2013 4:38
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Kuwait Telco Zain’s Deputy CEO Resigns
The deputy chief executive of Kuwait’s top telecom operator Zain has resigned, the company said in a statement to the local…
March 5, 2013 3:38 -
Dubai sees big IPO in 2014/15
Last year, Al Habtoor Group, one of Dubai's biggest family-owned firms, postponed plans to raise as much as $1.6 billion.
March 5, 2013 2:29 -
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 -
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
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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 -
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
