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Nokia charging back with full force
Saudi government websites targeted
The United Arab Emirates' central bank has told lenders to extend maturities on certain personal loans held by UAE citizens by more than four years, the latest initiative aimed at reducing their debt burdens.
August 16, 2012 3:57
Emirates Aluminium (Emal), a joint venture between Abu Dhabi's Mubadala and Dubai Aluminium, has approached banks to arrange $4 billion in financing to expand its smelter, Project Finance International (PFI) said on Monday.
August 14, 2012 10:20
Abu Dhabi National Energy Co (TAQA) said on Tuesday that second-quarter net profit edged up 3 percent to 447 million dirhams ($122 million) in the second quarter from 435 million a year earlier.
August 14, 2012 9:56
National Bank of Abu Dhabi , the largest lender by market value in the United Arab Emirates, has further tightened price guidance for its seven-year benchmark bond issue, which is due to price later on Monday, lead managers said
August 6, 2012 4:07
Dubai 2014 sukuk yield plunges 235 bps since February; Fundamental factors support a rally; But some think euphoria has gone too far; Liquidity temporarily boosted by maturities; Approach of Ramadan may be spurring purchases
July 18, 2012 5:24
National Bank of Abu Dhabi (NBAD), the largest lender by market value in the United Arab Emirates, has appointed Mohammed Ali Yasin as head of its brokerage subsidiary.
July 16, 2012 4:49
The United Arab Emirates has freed on bail an American businessman accused of embezzlement who has been in jail in the Gulf Arab state since 2008 and went on hunger strike in May, the U.S. embassy said on Friday.
July 13, 2012 8:29
As the eurozone crisis continues to rage, seemingly beyond the control of the political and fiscal masters of Europe, the crisis is beginning to have an impact on various parts of the global economy.
July 13, 2012 11:37
When Gulf telecommunications giant Etisalat replaced its veteran chairman last week, he became the latest casualty of a multi-billion dollar foreign expansion which has failed to translate into profits and may prompt the firm to sell overseas assets to offset a decline in income.
July 12, 2012 1:00
Revenue at Etihad Airways were up 31 percent in the second quarter as the Abu Dhabi-based airline continued to expand its global network.
July 4, 2012 6:04
Dubai's Emirates Islamic Bank, a unit of Emirates NBD, has picked banks for a potential benchmark-sized dollar sukuk, or Islamic bond, lead arrangers said on Tuesday.
July 4, 2012 11:07
Eissa al-Suwaidi named chairman, replacing Mohammad Omran; Abu Dhabi ruler also appoints six new directors; Omran was Etisalat's chairman since 2005
July 3, 2012 5:22
The HSBC UAE Purchasing Managers' Index, which measures the performance of the manufacturing and services sectors, fell to 53.2 points last month from an 11-month high of 53.8 in May.
July 3, 2012 12:40
Doric Nimrod Air Finance Alpha, the aircraft leasing firm planning to issue bonds to help finance the sale of four Airbus A380 planes for Emirates airline , released initial price thoughts for the deal on Thursday.
June 28, 2012 4:51
They agreed there was an urgent need to stop the bloodshed in Syria and for political transition there, and also said Iran should meet its international obligations related to its nuclear program, according to a statement issued after their meeting.
June 28, 2012 11:45
The state plans to get tough and reduce the number of foreign residents.
May 20, 2013 5:05
Two Arabtec employees who asked not to be identified said several thousand workers engaged on various projects did not report for duty on Sunday.
May 20, 2013 9:33
Yahoo! board unanimously approves the acquisition...
May 19, 2013 3:20
An FNC member to argue that minimum wages are 'taking advantage' of employers.
May 20, 2013 4:24
Controversial views from the clothing company's CEO causes huge backlash.
May 16, 2013 2:43
