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Abu Dhabi’s Gulf Capital gets $135M to fund investments

Abu Dhabi’s Gulf Capital gets $135M to fund investments

Gulf Capital, an Abu Dhabi-based private equity firm, said on Tuesday it secured a 500-million dirhams ($135 million) five-year revolving facility from Abu Dhabi Commercial Bank to fund its investments.

February 7, 2012 3:08
 
UAE’s Dolphin Energy eyes yp to $1B bond sale

UAE’s Dolphin Energy eyes yp to $1B bond sale

Abu Dhabi's Dolphin Energy, majority-owned by state fund Mubadala, plans to raise as much as $1 billion from a ten year bond issue, with the offering set to price as early as Tuesday, a statement from lead managers said.

February 7, 2012 2:28
 
Kuwait Commercial Bank profit sharply down in 2011

Kuwait Commercial Bank profit sharply down in 2011

Commercial Bank of Kuwait (CBK) posted a sharp drop in full-year net profit on Sunday, according to a company statement.

February 6, 2012 2:32
 
UAE lender ADCB’s Q4 net profit surges, shares rise

UAE lender ADCB’s Q4 net profit surges, shares rise

Q4 earnings jump 38.5 pct, misses forecasts but shares climb; Provisions down, interest and Islamic finance income up

January 28, 2012 1:36
 
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