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JA 20% shipping increase

Jebel Ali Port's first expansion stage, due in 2007, will see a 20% increase in trans-shipments... Read full article »
United Arab Emirates: Tuesday, December 13 - 2005 at 07:42

ABC Islamic, EIB, $70m Iran deal

ABC Islamic Bank and Emirates Islamic Bank have announced their joint mandate for a $70m, three-... Read full article »
Iran: Monday, December 12 - 2005 at 15:49

Saudi Arabia joins WTO

Saudi Arabia officially joined the World Trade Organisation yesterday, becoming the global trade... Read full article »
Saudi Arabia: Monday, December 12 - 2005 at 09:45

Ithmaar Bank, IPO early 2006

Bahrain based investment bank Ithmaar is planning an initial public offering in the first quarter... Read full article »
Bahrain: Monday, December 12 - 2005 at 08:04

NBAD, $850m note oversold

The National Bank of Abu Dhabi's $850m debut floating rate note was oversubscribed by 1.3 times.... Read full article »
United Arab Emirates: Monday, December 12 - 2005 at 08:01

Dubai export trade up 27%

The Dubai export and re-export trade jumped by 27% in the first nine months of 2005 to $19.4bn,... Read full article »
United Arab Emirates: Monday, December 12 - 2005 at 07:58

DIFX to list largest ever sukuk

The Dubai International Financial Exchange is to list a $2.8bn sukuk in two month's time, the... Read full article »
United Arab Emirates: Monday, December 12 - 2005 at 07:49

DIFX, $1bn IPOs in pipeline

The Dubai International Financial Exchange is planning three to five initial public offerings... Read full article »
United Arab Emirates: Monday, December 12 - 2005 at 07:43

Dubai buys Thomas Cook India

The Dubai Investment Group is preparing to pay $92m to acquire Thomas Cook's 60% stake in Thomas... Read full article »
United Arab Emirates: Monday, December 12 - 2005 at 06:51

Commercialbank $630m rights issue

Commercialbank, Qatar's first private sector bank, has announced the successful completion of its... Read full article »
Qatar: Sunday, December 11 - 2005 at 14:56

QIPCO buys Mannai majority stake

The Qatar Investment and Project Holding Company has bought a majority stake in the Mannai... Read full article »
Qatar: Sunday, December 11 - 2005 at 10:26

UAE stocks down, Etisalat falls

UAE stocks are now 79% up since the start of the year compared with a peak of 95% a month ago.... Read full article »
United Arab Emirates: Sunday, December 11 - 2005 at 08:47

DP World upbeat on P&O bid

Dubai port operator DP World remains optimistic about its $5.7bn bid for P&O despite revelations... Read full article »
United Arab Emirates: Sunday, December 11 - 2005 at 08:44

Jordan Telecom sell-off delay

The planned sale of a 41.5% government stake in Jordan Telecom is being held up by the change of... Read full article »
Jordan: Sunday, December 11 - 2005 at 07:59

AUB buys Iraq bank stake

Bahrain's Ahli United Bank has bought a 49% stake in the Commercial Bank of Iraq, and increased... Read full article »
Bahrain: Sunday, December 11 - 2005 at 07:54
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