Abu Dhabi's International Petroleum Investment Company has signed an $850 million, three-year syndicated loan with mandated lead arrangers Barcap, BNP Paribas, Bank of America Merrill Lynch, DBS and Standard Chartered, bankers said.
March 4, 2012 10:55
First Gulf Bank, the second-largest bank by market capitalisation in Abu Dhabi, approved plans to double its paid-up capital through a bonus share issue, the bank said in a statement on Thursday.
March 1, 2012 1:57
Dubai may gain around $7.4 billion in return for a $2-$4 billion investment on the World Expo 2020 bid. But after all of this, will Dubai be the chosen one?
February 29, 2012 3:51
The UAE expects its first ever federal sovereign bond issue to be around $1 billion after a public debt law is approved, a senior finance ministry official on Tuesday was quoted as saying.
February 28, 2012 2:51