EDB closes first federal entity issuance of $750m bond
Emirates Development Bank, rated AA- by Fitch, has successfully closed a $750 million five-year senior bond, according to statement released…
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Growth in UAE economy to outshine those of other Gulf countries, thanks to non-oil sector
The UAE’s economic growth in 2019 is projected to top overall growth across the Gulf Cooperation Council (GCC) region, largely…
Asia to drive global economic growth
The UAE’s strategic location makes it the ideal hub to revitalise and strengthen intra-Asia trade corridors, says H.E. Sultan bin…
Kuwait mulls Dh36.7 billion fund with China to invest in projects related to Silk City, islands development
Kuwait is planning to create a $10 billion (Dh36.7 billion) fund with China to invest in the two countries, according…
UAE banks propose $5.1bn of dividends
Dividends of Dhs18.7bn ($5.1bn) have been proposed by 18 listed UAE banks – up 12.2 per cent on the previous…
Saudi Arabia ‘could be gateway to Middle East for Brazilian products’, Jeddah business group told
Saudi Arabia can become a commercial gate for Brazilian products coming to the Middle East, according to a speaker at…
Emirates NBD weighs on Dubai, banks lift Qatar
Dubai’s stock market fell on Thursday as lender Emirates NBD and real estate stocks slipped, while Qatar was lifted by…
Saudi market cross-listing regulations expected in second quarter
Regulations to allow companies from other Gulf countries to list on Saudi Arabia’s stock market are expected to be finalised…
UAE employers focus on training to ready a future workforce
Prospective employers across the UAE are adapting their recruitment, onboarding and training processes to ensure today's Emirati job seekers are…
Intellect Design wins deal from Emirates NBD
Intellect Design Arena Limited bagged a substantial multi-million destiny deal from Emirates NBD. Emirates NBD is a leading bank…
Qatar shares close flat despite transport, banking buy interest
The Qatar Stock Exchange on Sunday witnessed more than 55% of the traded constituents end in red; yet its key…
Oman's share index reverses its declining trend
Registering its best daily returns in the previous three weeks, the MSM30 index reversed its recent declining trend and closed…