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AD, USD77m factories

Emirates International Investment Company is building two factories in Abu Dhabi, one making... Read full article »
United Arab Emirates: Tuesday, December 28 - 2004 at 08:28

New law court for the DIFC

The Ruler of Dubai Sheikh Maktoum bin Rashid Al Maktoum has enacted new laws establishing the... Read full article »
United Arab Emirates: Monday, December 27 - 2004 at 17:10

UAE banks up base rates

UAE banks have upped their base lending rates in line with dollar interest rates. Emirates Bank... Read full article »
United Arab Emirates: Monday, December 27 - 2004 at 15:36

Atlas, Arab Bank, USD40m bond

Arab Bank and its subsidiary Atlas Investment Group has announced the closure of a USD40m bond... Read full article »
Jordan: Monday, December 27 - 2004 at 15:32

Addar IPO raises USD101.6bn

The final statistics showed that the Addar Properties initial public offering which closed on... Read full article »
United Arab Emirates: Monday, December 27 - 2004 at 11:19

Waleed, Fairmont, USD1.5bn JV

Saudi investor Prince Al Waleed, Fairmont hotels and the Bank of Scotland have signed a USD1.5bn... Read full article »
Saudi Arabia: Monday, December 27 - 2004 at 10:56

ABC, USD240m Iran loans

Bahrain based Arab Banking Corporation has been mandated by Iran's state-owned Bank Mellat to... Read full article »
Bahrain: Monday, December 27 - 2004 at 10:11

Gulf Bank, USD100m ABC loan

Kuwait's Gulf Bank has signed a 10-year USD100m loan from Bahrain-based Arab Banking Corporation.... Read full article »
Kuwait: Monday, December 27 - 2004 at 09:15

Kuwait jails KIO embezzlers

The Kuwait Criminal Court has sentenced two people, including a member of the ruling family, for... Read full article »
Kuwait: Monday, December 27 - 2004 at 08:45

USD57.9m Agthia IPO opens

The USD57.9m initial public offering for the Emirates Foodstuff and Mineral Water Company opens... Read full article »
United Arab Emirates: Monday, December 27 - 2004 at 08:25

Dubai Credit Bureau soon

The Dubai Economic Development Department's Credit Bureau project should be operational in... Read full article »
United Arab Emirates: Monday, December 27 - 2004 at 08:00

USD9.5bn AD island project

The Abu Dhabi Government is about to give the green light for the USD9.5bn development of Abu Al... Read full article »
United Arab Emirates: Sunday, December 26 - 2004 at 11:10

Alwaleed buys 5pc of KIHC

Prince Alwaleed, the legendary Saudi investor has bought a five per cent stake in the Kuwait... Read full article »
Kuwait: Sunday, December 26 - 2004 at 10:42

USD1.35 to the euro

The US dollar starts this week at a record low of more than USD1.35 to the euro. Market analysts... Read full article »
Sunday, December 26 - 2004 at 09:11

Mashreqbank, Islamic debut

The UAE's Mashreqbank is to create an Islamic finance unit to deliver Sharia compliant products,... Read full article »
United Arab Emirates: Sunday, December 26 - 2004 at 09:08
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