Abu Dhabi
Emirates NBD Sees UAE Rate Climb Reversing On Tax Giveaway
Middle East Business News - Published date: .
The government probably held as much as $11bn in bank deposits following the introduction of a 5% value-added tax in ear... Read more
Finablr's $200m IPO To Be Completed By Mid-May
Middle East Business News - Published date: .
Finablr CEO Promoth Manghat said he expects the listing will allow the firm to scale up and explore new opportunities in... Read more
Dubai's Emirates NBD CFO Subramanian To Leave After 9 Years
Middle East Business News - Published date: .
Surya Subramanian expressed a 'desire to return to Singapore to pursue family interests' Read more
Dubai's Emirates NBD Reports Increased Profits On Loan Growth, Forex
Middle East Business News - Published date: .
Emirates NBD said economic activity in 2019 to be underpinned by higher oil production as well as increased government s... Read more
Dubai's Biggest Bank Celebrates Listing Of $1bn Bond
Middle East Business News - Published date: .
Senior banker rings the market-opening bell at Nasdaq Dubai to celebrate the listing of a $1bn conventional bond Read more
Dubai Regulator In Contact With US Counterpart About Abraaj Case
Middle East Business News - Published date: .
Abraaj founder Arif Naqvi and former managing partner Mustafa Abdel-Wadood were arrested on US charges last week for all... Read more
Abu Dhabi's Privinvest Seeks Compensation From Mozambique Over Hidden Debts
Middle East Business News - Published date: .
Privinvest and its subsidiaries were the only suppliers for $2 billion of maritime projects for which Mozambique raised ... Read more
Kuwait's Jazeera Airways To Distribute $23m Dividend To Shareholders
Middle East Business News - Published date: .
With the 2018 dividend, the airline has returned a total of KD84 million in cash to shareholders in the last five years Read more
Saudi Aramco Unit Inks $1.25bn Deal For Hyundai Oilbank Stake
Middle East Business News - Published date: .
Saudi Aramco says that a subsidiary will buy a 17% stake in South Korea's Hyundai Oilbank Read more
UAE-based Faraj Fund To Help 100 Inmates During Ramadan
Middle East Business News - Published date: .
The fund has helped over 11,000 prisoners from over 50 countries since it was established in 2009 Read more
Tiger Woods' Masters Win A Major Boost For The Brands Still With Him
Sports and Eneterainment - Published date: .
Tiger Woods generated more than $23.6m in exposure for various corporate partners during the final-round telecast, when ... Read more
Dubai's W Motors May Launch Own Formula E Team By 2020
Sports and Eneterainment - Published date: .
W Motors CEO Ralph Debbas said Formula E is 'more exciting' than 'monotonous' Formula 1 Read more
First Abu Dhabi Bank's Foreign-ownership Change Lifts Abu Dhabi Stocks
Middle East Business News - Published date: .
First Abu Dhabi Bank's raised cap for foreigners could trigger passive inflows of about $730 million from investors Read more
Dubai Islamic Bank On The Lookout For Potential Acquisitions
Middle East Business News - Published date: .
Dubai Islamic Bank was reported last month to be considering buying Noor Bank Read more
Former Abraaj Exec Held In Same New York Jail As Mexico's 'El Chapo' Guzman
Middle East Business News - Published date: .
Mustafa Abdel-Wadood was apprehended at a New York hotel last week Read more
Saudi Arabia's PIF Said To Seek Bridge Loan Of Up To $8bn
Middle East Business News - Published date: .
The Public Investment Fund is said to have begun talks with banks to raise a loan expected to be between $5bn and $8bn Read more
Lebanon Said To Plan $2bn Eurobond Issue
Middle East Business News - Published date: .
Lebanon is planning to cut its budget-deficit-to-GDP ratio from 11% to 9%, according to a top government economic advise... Read more
Dubai's Damac Secures $229m Financing For Luxury London Project
Middle East Business News - Published date: .
Three banks provide funds for Damac Tower at Nine Elms, the first in Europe to be designed in partnership with Versace H... Read more
Abraaj CEO Charged With Fraud In US After Dubai Firm's Collapse
Middle East Business News - Published date: .
Arif Naqvi, the founder and ex-CEO of Abraaj, was arrested Wednesday in the UK and is awaiting possible extradition to t... Read more
Uber Files Documents For IPO After Careem Deal
Middle East Business News - Published date: .
Uber's valuation in its latest private investment round was more than $70 billion Read more