Oil & GasSaudi Aramco lures investors in Dubai for IPOPritam BordoloiNovember 25, 2019January 24, 2020 by Pritam BordoloiNovember 25, 2019January 24, 2020 The confidential meeting with investors in Dubai was Aramco’s second outside Saudi Arabia... Read more
Islamic BankingDubai Islamic Bank weighs in on Noor Bank acquisitionPritam BordoloiNovember 21, 2019January 24, 2020 by Pritam BordoloiNovember 21, 2019January 24, 2020 The board of directors are expected to meet on November 25 to discuss the possible acquisition... Read more
EnergyGCC: Solar projects to create 200,000 jobs by 2030Pritam BordoloiNovember 20, 2019 by Pritam BordoloiNovember 20, 2019 GCC nations will generate 40GW of energy through solar projects by 2030... Read more
Oil & GasAdnoc eyes $45 bn downstream investment in India, ChinaPritam BordoloiNovember 15, 2019January 24, 2020 by Pritam BordoloiNovember 15, 2019January 24, 2020 The oil giant is also looking to develop refining and petrochemical facilities in the UAE... Read more
AviationPIA-Etihad codeshare improves UAE-Pakistan route accessPritam BordoloiNovember 14, 2019 by Pritam BordoloiNovember 14, 2019 The first codeshare flight between Etihad and Pakistan International Airlines will fly on November 26... Read more
Real EstateDar Al Arkan lists $600 mn sukuk on Nasdaq DubaiPritam BordoloiNovember 14, 2019 by Pritam BordoloiNovember 14, 2019 The sukuk, which has a coupon rate of 6.75%, was oversubscribed by more than two-fold... Read more
Real EstateDubai property price drop to slow down in 2020Pritam BordoloiNovember 13, 2019 by Pritam BordoloiNovember 13, 2019 The market will see a 5% to 7% correction as demand increases, according to local media reports... Read more
Oil & GasAramc to sell 0.5% shares to individual investorsPritam BordoloiNovember 11, 2019 by Pritam BordoloiNovember 11, 2019 The Saudi government will have a lock-in period of a year on further share sales after the IPO... Read more
Real EstateDubai’s Manrre REIT to expand despite slump in property pricesPritam BordoloiNovember 11, 2019 by Pritam BordoloiNovember 11, 2019 The fund also plans lists its share on the stock exchange within the next few years... Read more
Islamic FinanceAldar lists $500 mn sukuk on the Abu Dhabi ExchangePritam BordoloiNovember 8, 2019 by Pritam BordoloiNovember 8, 2019 The sukuk carries a coupon rate of 3.875 percent for a period of 10 years... Read more