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