uae
UAE's NMC Health Faces Advisory Fees Of $140m For Bankruptcy
Middle East Business News - Published date: .
NMC will raise as much as $300m from creditors to fund the business during its administration Read more
Abu Dhabi Returns To Dollar Bond Market With Multi-tranche Deal
Middle East Business News - Published date: .
UAE capital is among the list of many selling bonds to bolster their finances in the face of lower oil and gas prices Read more
Abu Dhabi Fund Said To Seek Resolution To Mumbai Airport Takeover Deal
Middle East Business News - Published date: .
Agreement between ADIA consortium and GVK Group's airport holding company has 'deal exclusivity' until January 31, 2021 Read more
UAE's Mubadala Invests In US Pharma Business
Middle East Business News - Published date: .
Senior Mubadala exec says outsourced pharmaceutical services has been a key investment theme for the sovereign investor Read more
UAE's Waha Capital Eyes Latin America Tourism Boost After $50m Investment
Middle East Business News - Published date: .
CEO Amr Al Menhali says confident that investment will help put Waha on a firm footing post COVID-19 Read more
Banks Reduce Exposure To Dubai-based Oil Trader
Middle East Business News - Published date: .
BNP Paribas, Natixis and Middle Eastern lenders including Emirates NBD, Emirates Islamic Bank and National Bank of Fujai... Read more
How UAE Small Businesses, Consumers Have Changed Behaviours Amid Covid-19
Middle East Business News - Published date: .
Nine out of 10 consumers in the UAE have changed how they pay for purchases due to Covid-19, according to Visa Read more
Abu Dhabi Investment Office Transfers $145.7m Ventures Fund To ADQ
Middle East Business News - Published date: .
Collaboration aimed at strengthening Abu Dhabi's digital economy and start-up ecosystem Read more
UAE's Network International Reveals 15.3% Drop In Middle East Revenues For H1
Middle East Business News - Published date: .
Covid-19 lockdowns and reduced customer spending saw company report $150,000 loss for half year Read more
BR Shetty Steps Down As Co-chair And Director Of Finablr
Middle East Business News - Published date: .
UK's HMRC has moved to suspend business registrations of UAE Exchange UK Ltd. and Xpress Money Services Ltd Read more
Dubai's Shuaa Pauses Some Deals As Virus Causes Strategic Shift
Middle East Business News - Published date: .
Shuaa Capital is focused on its main businesses and on becoming more efficient, chief executive officer Jassim Alseddiqi... Read more
Emirates NBD In Talks To Buy Lebanese Bank's Egyptian Business
Middle East Business News - Published date: .
Discussions are ongoing and there is no certainty that a deal will be completed, Dubai-based Emirates NBD said Read more
Shuaa Capital Reports $72m Profit For Q2
Middle East Business News - Published date: .
Shuaa said its operating businesses, asset management and investment banking showed a strong recovery in profitability i... Read more
Dubai Businesses Return To Growth First Time Since Virus Struck
Middle East Business News - Published date: .
Businesses in Dubai are benefiting from the lifting of lockdown restrictions, with foreign visitors allowed to enter the... Read more
Emirates NBD Apologises After Upgrade 'teething Issues' Causes Service Chaos
Middle East Business News - Published date: .
Bank customers have taken to social media to demand answers after being unable to access online banking over the weekend Read more
Dubai School Operator GEMS Raises Extra Debt To Bolster Its Cash
Middle East Business News - Published date: .
GEMS said the 'incremental' funding will be used to support working capital needs Read more
Dubai Investments Reports 42% Drop In Half Yearly Profits
Middle East Business News - Published date: .
Dubai Investments revealed H1 profits decreased to $55.78m as a result of Covid-19 impact Read more
UAE Investors Eyeing Up Sustainable Opportunities
Middle East Business News - Published date: .
Latest survey from Standard Chartered revealed 90% are keen on green investments Read more
JPMorgan Sees Virus Fallout Stoking Middle East Deals Into 2021
Middle East Business News - Published date: .
The first six months saw $72 billion of bond issuance from the region, the busiest start yet Read more
UAE's Network International To Acquire African Payments' Firm DPO
Middle East Business News - Published date: .
The acquisition will strengthen Network's presence in Africa, giving the payments firm direct access to an extensive and... Read more