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HRW: Abu Dhabi still needs to do more on Workers’ Rights

HRW: Abu Dhabi still needs to do more on Workers’ Rights

The UAE has improved its treatment of South Asian labourers on the construction of Saadiyat Island, a $27 billion cultural project in Abu Dhabi, but should do more to end what amounts to forced labour, Human Rights Watch said on Wednesday.

March 21, 2012 1:59
 
Temasek hires Rothschild’s top Middle East energy banker

Temasek hires Rothschild’s top Middle East energy banker

Singapore state investor Temasek Holdings has hired Rothschild's top Middle East energy banker, Khodor Mattar, as it aims to beef up its oil and gas investments, a source familiar with the matter said.

March 20, 2012 11:22
 
UAE-based NMC Health sets London IPO price range

UAE-based NMC Health sets London IPO price range

UAE healthcare provider NMC Health, founded by billionaire Indian entrepreneur BR Shetty, will raise between $174.6 million and $244 million from its initial public offering on the London Stock Exchange, a source at a lead bank said on Tuesday.

March 20, 2012 11:19
 
Abu Dhabi’s NBAD prices 5-year $750M bond

Abu Dhabi’s NBAD prices 5-year $750M bond

National Bank of Abu Dhabi , the largest lender by market value in the UAE, priced a $750 million 5-year bond late on Monday, with a yield of 3.304 percent.

March 20, 2012 11:05
 
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