04/18/2016
CVC, QIA and Brookfield drop $8.5bn Sainsbury's bid
Sky said the trio had dropped a planned takeover, hatched in the autumn, after Sainsbury's made a 1.4 billion pound ($2 billion) bid for Home Retail Group, the owner of Argos.
04/18/2016
Sky said the trio had dropped a planned takeover, hatched in the autumn, after Sainsbury's made a 1.4 billion pound ($2 billion) bid for Home Retail Group, the owner of Argos.
04/18/2016
The Abu Dhabi fund said it was terminating last June's agreement, under which it agreed to provide $1 billion in cash as well as assume payments on $3.5 billion of 1MDB debt.
04/17/2016
The Notes were issued under Ahli Bank's US$1.5 billion Guaranteed Euro Medium Term Note Programme which was established on 24 March 2016.
04/15/2016
The 1MDB fund was set up by Mr Najib in 2009 to pay for major new economic and social developments in Malaysia.
04/14/2016
A panel of 11 banks submits daily quotes from which Emirates interbank offered rates are calculated.
04/13/2016
In its brief circular, the central bank said it was “keen to limit the risks of foreign currency open positions.”
04/13/2016
The newspapers, by contrast, are increasingly amenable to the President’s view of the world.
04/13/2016
Chambers Global and The Legal 500: Europe, Middle East & Africa have recognised WongPartnership in the areas of Corporate/Commercial, and Real Estate and Construction since 2011 and 2014 respectively.
04/11/2016
Quality of performance is a requirement for extending working period, says Negm
04/10/2016
The share transfer to QNB will take place once remaining regulatory approvals were received, it said in Sunday's statement.
04/10/2016
The UAE Banks Federation , a professional body representing 49 member banks operating in the UAE, held its Ordinary Annual General Assembly Meeting to review the UBF main activities and key achievements of last year.
04/08/2016
The woman is also suspected of involvement in financial and administrative violations which include fake medical bills for Kuwaiti citizens.
04/08/2016
Dentons' presence in the Middle East is one of the largest of any international law firm and spans Egypt, Jordan, Lebanon, Oman, Qatar, Saudi Arabia and the United Arab Emirates.
04/08/2016
Central bank, in a circular, directed some big UAE banks to freeze accounts of Khadem al-Qubaisi and Mohamed al-Husseiny, without stating reasons
04/08/2016
No clients suffered damage due to their actions, the source said.
04/08/2016
"In failing to assess, maintain and report on its financial resources for over a year, QIB failed to meet some of the most basic regulatory standards," said Andrew Bailey, chief executive of the PRA.
04/06/2016
The bank said it is issuing a $200mn loan to a unit of Saudi Arabian national mining company Ma’aden, a Riyadh-based diversified mining firm active in gold-base metals mining and the infrastructure industry.
04/06/2016
Al A’ali said the project has the potential to help meet the needs of banks and financial institutions.
04/06/2016
Oman’s central bank has increased the maximum amount of government securities which banks can hold to 45 percent of their net worth from 30 percent, central bank and commercial banking sources said.
04/06/2016
The sources noted the importance of the upcoming negotiations as the last chance to save the company from collapse.