ABU DHABI 8 November 2017: The Abu Dhabi National Oil Company (Adnoc), announced the successful issuance and closing of a US$3 billion bond, one of the largest non-sovereign bond offerings in the history of the Middle East. […]
IPO priced at Dh5.70 and Dh6.90 DUBAI 5 November, 2017: Emaar Development, a unit of the UAE’s biggest listed developer Emaar Properties, has opened the subscription of its initial public offering, IPO, setting the pricing […]
DUBAI 4 November 2017: A Bahraini trader allegedly conned his Emirati brother-in-law out of Dh241,500 by claiming to get a farming plot from the government, the Dubai Criminal Court heard. In 2013, the trader, NM, […]
DUBAI 31 October 2017: NRI-Emirati Investors’ Group, a newly formed private group set up by the Business Leaders Forum announced a US$ 1 billion fund to invest in India – a first such venture by […]
DUBAI 31 October 2017: Zhang Honglin, Chairman of Yinchuan Tonglian Capital Investment Operation Company (Tonglian) of China rang the market opening bell to celebrate the listing today of a US$300 million bond on Nasdaq […]
DUBAI 26 February 2017: Two allegedly conned a petroleum derivatives dealer and stole from him Dh3.1 million, the Dubai Criminal Court head. The dealer, AT, 42, Indian received a phone call from a man in India […]
ABU DHABI 24 October 2017: The UAE Central Bank has warned against Bitcoin, terming it as unofficial and lacking sufficient supervision. The warning was made by Mubarak Rashed Al Mansouri, Governor of the UAE Central Bank, […]
16% plan to migrate; 11% ‘don’t know’ DUBAI 19 October 2017: New research has found that 9% of expats plan to remain in the UAE when they retire. This contradicts the belief that all expats leave […]
UAE’s gets diamond polishing factory DUBAI 19 October 2017: The largest rough diamond in the world was unveiled to a crowd of industry insiders and precious stone experts in Dubai during the third edition of Dubai Diamond […]
DUBAI 23 October 2017: AIG UK announces that it has underwritten the first Shariah-compliant Warranty and Indemnity (W&I) Insurance Policy issued in the London M&A insurance market. Brokers, Risk Capital Advisors placed the £5 million W&I policy […]