National Bank of Abu Dhabi is in discussions with the UAE’s central bank over proposed lending caps on local government entities and was "confident" a solution would be found, its chief executive said on Monday.
May 1, 2012 10:02
National Central Cooling Company (Tabreed) reported a 15 percent rise in first quarter profit on Tuesday as operating costs declined by a quarter for its chilled water business.
May 1, 2012 9:42
State security men on Sunday detained an Islamist activist who had criticised the UAE’s security apparatus, his son said;In March, Dhufairi was detained for "provoking strife" after criticising the state security services on Twitter for interfering in the lives of citizens.
April 29, 2012 2:57
The government of Dubai priced a $1.25 billion two-tranche Islamic bond, or sukuk, on Wednesday, at par. A $600 million five-year tranche was priced at 4.90 percent and a 10-year portion was priced at 6.45 percent, in line with launch guidance released earlier that day.
April 26, 2012 10:50