National Bank of Abu Dhabi, the largest lender by market value in the United Arab Emirates, is set to take on regional mandates to add to its home-market advantage, the head of the bank's debt capital markets team said.
March 7, 2012 1:30
Advanced Micro Devices has dumped its equity stake in GlobalFoundries Inc, three years after spinning off the company that makes most of its computer chips, in a move that frees it to strike manufacturing deals with other foundries.
March 6, 2012 11:08
Abu Dhabi's Aabar Investments, which scrapped a $1.7 billion deal to take a majority stake in Arabtec two years ago, has raised its holding in the Dubai builder to 5.28 percent, according to a filing on the Dubai stock exchange on Monday.
March 6, 2012 11:01
A Korea National Oil Corporation (KNOC)-led consortium has secured South Korea's first oil production assets in the United Arab Emirates (UAE), the Korean government said on Monday.
March 5, 2012 1:21