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Mashreqbank rail guarantee

Mashreqbank and Mizuho Corporate Bank have agreed to provide a guarantee facility to the Dubai... Read full article »
United Arab Emirates: Tuesday, November 29 - 2005 at 16:20

Addax, $1bn purchase fund

Bahrain-based Addax Investment Bank will use a $1bn fund to acquire serviced apartment residences... Read full article »
Bahrain: Tuesday, November 29 - 2005 at 16:04

$54m Sharjah Expo expansion

The Sharjah Chamber of Commerce and Industry is investing $54.5m on expansion works at the... Read full article »
United Arab Emirates: Tuesday, November 29 - 2005 at 08:10

EU, GCC FTA deal hopes

The EU and GCC are expected to resolve outstanding issues and conclude negotiations on a free... Read full article »
Tuesday, November 29 - 2005 at 07:37

Saudi stocks go higher

Saudi stocks surged to a record high yesterday, with the Tadawul All-Share Index closing at 16,... Read full article »
Saudi Arabia: Tuesday, November 29 - 2005 at 07:33

Dubai shares fall over 3%

Some over priced Dubai stocks experienced a correction yesterday, with the DFM index dropping 3.... Read full article »
United Arab Emirates: Tuesday, November 29 - 2005 at 07:19

Northrop $230m Jordan contract

Northrop Grumman has won a contract worth $230m to update the Jordanian armed forces'... Read full article »
Jordan: Tuesday, November 29 - 2005 at 07:12

Telecom Egypt IPO split

The $785m IPO of 340m shares in a partial privatisation of Telecom Egypt will be divided into two... Read full article »
Egypt: Tuesday, November 29 - 2005 at 07:11

Leadership summit in Dubai

More than 2,500 Gulf business leaders are set to converge on Dubai today for the annual Leaders... Read full article »
United Arab Emirates: Monday, November 28 - 2005 at 07:57

Aujan drinks to success

Saudi-based beverage company Aujan Industry has opened its new $55m manufacturing facility at the... Read full article »
United Arab Emirates: Monday, November 28 - 2005 at 07:32

Paltel lists in Abu Dhabi

Palestine Telecommunication has listed 30m of its shares, equivalent to 30% of its shareholding,... Read full article »
United Arab Emirates: Monday, November 28 - 2005 at 07:21

DIP, $408m expansion plans

Dubai Investment Park is looking to attract 250 new companies and $408m worth of investment by... Read full article »
United Arab Emirates: Monday, November 28 - 2005 at 07:20

Dubai shares drop, AD up

Dubai shares lost 1.45% yesterday, led by falls in the banking and services sectors. Abu Dhabi... Read full article »
United Arab Emirates: Monday, November 28 - 2005 at 07:19

Dubai hit by earth tremor

An earth tremor has hit a triangular area between Ras Al Khaimah, Al Ain and Dubai, after a major... Read full article »
United Arab Emirates: Sunday, November 27 - 2005 at 15:39

VCBank, $250m SME fund

Venture Capital Bank, the Islamic venture capital investment bank, has announced the Q1 2006... Read full article »
United Arab Emirates: Sunday, November 27 - 2005 at 13:59
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