Dubai to issue bond to refinance maturing debt
The UAE central bank said this month that Dubai might achieve gross domestic product growth of 4 percent or more this year
September 17, 2012 3:54
UAE’s MAF to price $500 million 7-year bond Wednesday
Bond to price at 5.25 pct; Demand seen high; orderbooks around $2 bln; Second debt issue this year from MAF
June 27, 2012 6:36
Indebted Drydocks in Kuok JV for Asia operations
Drydocks World, which sought insolvency protection in April as it restructures $2.2 billion of debt, signed a joint venture for its Southeast Asia operations with Pacific Carrier Ltd. on Wednesday, part of Malaysian tycoon Robert Kuok's empire.
June 27, 2012 5:34
Dubai bond yields compress as investors return
Yield on 2022 bond 20 bps tighter this week; CDS compress nearly 18 pct since January; Bond repayments, growth, liquidity lift sentiment
June 21, 2012 5:15
Over 90% of passwords vulnerable to hacking
Passwords in the Middle East - even ones deemed to be "strong" - are actually susceptible to infiltration.
May 23, 2013 8:51
'Renewable energy absolutely necessary' - Saudi
Oil saving win-win drives Saudi solar power boom...
May 23, 2013 4:56
Real cost of sending your child to a Dubai school
Ambareen Musa, founder of Souqalmal.com, reminds parents of the hidden and additional costs of education.
May 23, 2013 1:19
Gold iPad at Burj Al Arab
Device to be a “virtual concierge” for luxury hotel's guests.
May 22, 2013 12:04
Minimum wage 'unfair' for employers?
FNC member argues that minimum wage for domestic workers and maids is 'taking advantage' of employers.
May 20, 2013 4:24