Latest News
Dutch data protection agency seeks to look into Microsoft’s Window’s 10 privacy concerns
McAfee to pursue IPO this year with estimated value of $8 billion
DoE to strengthen Abu Dhabi’s position as world energy capital
UAE central bank assets increase to Dh2,975.8 bn as of July end
DHL launches multimodal services to Indonesia
Now shipments can be moved from Singapore to other Southeast Asian countries using multimodal services that involve air and road freight
Emirates NBD to raise Dh6.45 bn from rights issue
The bank plans to expand abroad and attract more foreign investments
INTERNATIONAL FINANCE
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Oil and Gas
October 18, 2019
Adnoc and partners to develop $4 bn chemical complex in India
Adnoc, along with Adani Group, German chemical giant BASF and Austria's Borealis will develop the complex in Mundra, Gujarat by 2024
INTERNATIONAL FINANCE
October 18, 2019
Adnoc and partners to develop $4 bn chemical complex in India
Adnoc, along with Adani Group, German chemical giant BASF and Austria's Borealis will develop the complex in Mundra, Gujarat by 2024
October 18, 2019
Emirates NBD to raise Dh6.45 bn from rights issue
The bank plans to expand abroad and attract more foreign investments
October 18, 2019
DHL launches multimodal services to Indonesia
Now shipments can be moved from Singapore to other Southeast Asian countries using multimodal services that involve air and road freight
October 18, 2019
CIMB Singapore’s trade finance platform to generate $100 mn
The bank completed its first trade financing transaction using IoT cargo sensors and blockchain
October 17, 2019
Etihad, Air Arabia to create budget airline JV in UAE
Air Arabia Abu Dhabi, the region’s first low-cost, will operate out of Abu Dhabi International Airport
October 17, 2019
DIFC records 45% growth in Islamic assets in Q2 2019
Islamic finance sector is growing at a rate of 1.5 times more than traditional finance
October 17, 2019
Ethiopian Airlines shows interest in South African Airways
South African Airways is looking for outside investments as the company is running losses since 2011
October 17, 2019
Amundi enhances thematic investments for Asia investors
The asset manager launches five new offerings in Singapore and one in Hong Kong
October 17, 2019
Aramco to pay up to $450 mn as fees to IPO advisors
Book runners JP Morgan and Morgan Stanley to be paid the highest IPO fees by Aramco
October 16, 2019
UBS to advise on potential Arabtec-Trojan merger
Dubai-based Shuaa Capital will also act as an adviser on the potential merger
October 16, 2019
Nigeria’s Lidya to disburse $1.1 bn as loans in Europe
After opening an office in New York, the startup expands into Poland and Czech Republic
October 16, 2019
Tema Port becomes Hapag-Lloyd’s transhipment hub in West Africa
It marks the launch of Middle East-India-Africa Express, a new shipment service to Africa
October 16, 2019
Ongoing projects: Azizi to secure Dh700 mn loan
The funds will be used for its ongoing projects MBR City and Dubai Healthcare City
October 16, 2019
Petrobras awards $5.4 bn service contracts to Malaysia’s Yinson
The contracts awarded by Petrobras are for a period of 25 years starting from the date of acceptance
October 15, 2019
Blockchain technology is vital to Smart Dubai implementation
Smart Dubai is developing more than 30 blockchain platforms that will host a big chunk of the government use cases
