Abraaj pressured to restructure $1 billion debt
A large creditor of Abraaj Group wants a Cayman Islands court to oversee the debt restructuring of the private-equity firm,…
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Dubai business conditions rebound in May
Business conditions in Dubai recorded a sharp improvement in May - at the fastest pace in 13 months - on…
UAE to invest in Maharashtra infra projects
Maharashtra Chief Minister Devendra Fadnavis, now on a trip to the Middle East, USA and Canada to attract foreign investments…
Dubai FDI is region's first-ever investment promotion agency to be recognized by global business magazine Site Selection for outstanding role to attract capital investments
Dubai FDI has been recognized recently for its leading role in attracting foreign investments to the UAE and the region.…
Abu Dhabi Islamic Bank Funds $32.2 Million Deal Of A UK Property
Abu Dhabi Islamic Bank UK, has arranged and structured a Sharia’a-compliant transaction to finance the acquisition of Lateral House, located…
Going Public: Saudi firms among world's largest publicly traded companies in Forbes list
Seven Saudi firms were featured in Forbes Global 2000- the 16th annual list of the world’s largest publicly traded companies…
UAE Central Bank halts remittances at seven exchanges
The UAE’s Central Bank has downgraded the licences of seven exchange houses for violating regulation relating to anti-money laundering and…
ADIB named world's best Islamic Bank by FT's The Banker Magazine
ADIB, a leading financial institution, has won the title of World’s Best Islamic Bank’ in The Banker Magazine’s awards for…
Bank of America Merrill Lynch wins multiple awards
Bank of America Merrill Lynch has been recognised as the ‘Best M&A House in EMEA’, ‘Best Equity House in the…
The ECB springs into action – but is it far too early? by Gary Dugan
The ECB signals that it may reduce scale of its quantitative easing The ECB move looks like a gamble Eurozone…
Foreign Direct Investments Rose by 8 Percent, Lift UAE to No.1 in Arab World
The UAE continued to remain top destination for the foreign companies to invest as the emirate jumped five places to…
SHUAA Capital and National Bonds Sign Memorandum of Understanding targeting joint venture in Saudi Arabia
SHUAA Capital psc - the UAE’s premier integrated financial services firm and National Bonds - a leading savings and investment…