Japanese investment bank Nomura is setting up a foreign exchange trading team in Dubai to meet growing demand among its institutional clients to trade Middle East and North African currencies, the bank said on Monday.
March 5, 2012 1:28
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
Bahrain's Gulf Finance House swung to a full-year profit in 2011 as the troubled sharia-compliant investment firm said its restructuring plan, which included significant cost-cutting, helped reverse its fortunes.
March 1, 2012 1:48
Abu Dhabi's government-owned Tourism Development Investment Company (TDIC), builder of branches of the Louvre and Guggenheim museums, is mulling asset sales to help repay $2 billion in debt maturing in 2014, its chief financial officer said.
February 27, 2012 12:53