Dar al-Arkan repays $1 billion sukuk on Monday
Saudi builder Dar al-Arkan Real Estate Co has transferred $1 billion to Deutsche Bank to repay its Islamic bond, or sukuk, the firm said in a bourse statement on Saturday.
July 14, 2012 9:07
Dubai’s Emaar properties eyes benchmark dollar sukuk
Initial profit talk for 7-yr sukuk at 6.75 pct; Pricing due early Thursday; Proceeds may fund newly launched projects - analysts
July 11, 2012 4:39
Saudi builder Dar to repay $1billion sukuk on July 16
"Dar has taken all the steps for redemption through the principal paying agent," the company said in a statement to Nasdaq Dubai bourse.
July 9, 2012 4:58
In Pictures: Developing Doha
In light of the ongoing World Stadiums Congress 2012 in Qatar, Kipp looks at the major projects being constructed in preparation for Qatar’s FIFA World Cup in 2022.
June 5, 2012 5:49
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
BurgerFuel rockets its way across Dubai
Gourmet burger chain expanding in the world's second most significant retail environment.
May 23, 2013 1:17
Middle East deadly virus - what do we call it?
Settling on an official name for the new SARS-like virus isn't as easy as you'd think...
May 23, 2013 11:35
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