Real EstateEmaar Properties to issue Islamic bonds; hires Standard CharteredInternational Finance DeskSeptember 4, 2019December 23, 2019 by International Finance DeskSeptember 4, 2019December 23, 2019 The bond issuance is a part of the company’s $2 bn debt raising programme... Read more
FinanceMena fund managers increase investments in UAE, EgyptInternational Finance DeskAugust 29, 2019November 7, 2019 by International Finance DeskAugust 29, 2019November 7, 2019 Funds to reduce allocation to Saudi Arabia while keeping the earlier exposure to other Mena countries... Read more
EconomyInvestment agency CEO expects FDI in Dubai to exceed $10.4 bnInternational Finance DeskAugust 27, 2019December 12, 2019 by International Finance DeskAugust 27, 2019December 12, 2019 Dubai recorded a 54 percent growth in FDI in the first quarter of 2019... Read more
Ports and ShippingAcquisitions boost DP World’s H1 revenue to $3.4 billionInternational Finance DeskAugust 24, 2019December 23, 2019 by International Finance DeskAugust 24, 2019December 23, 2019 The firm reported a 27 percent increase in profit for the first half of 2019... Read more
Oil & GasAdnoc in one of world’s largest ‘smart procurement’ contractsInternational Finance DeskAugust 22, 2019March 18, 2020 by International Finance DeskAugust 22, 2019March 18, 2020 The award complements Adnoc’s upstream growth plans... Read more
EnergyUAE’S Taqa’s revenue up by 5% in first half of 2019International Finance DeskAugust 14, 2019March 18, 2020 by International Finance DeskAugust 14, 2019March 18, 2020 The net profit, however, fell by 23 percent in the first half of 2019... Read more
BankingUAE banks ‘can make profits of Dh40 bn in 2019’International Finance DeskAugust 12, 2019 by International Finance DeskAugust 12, 2019 11 banks listed on the ADSE recorded a 3.5 increase in profits which amounts to Dh11.6 billion... Read more
AviationNumber of flights on South Korea UAE sector not to be increasedInternational Finance DeskAugust 9, 2019March 18, 2020 by International Finance DeskAugust 9, 2019March 18, 2020 UAE had asked South Korea to double the number of flight services on the Incheon- UAE route... Read more
Real EstateUAE real estate company Arada delivers 4000 units in 2 yearsPritam BordoloiAugust 5, 2019 by Pritam BordoloiAugust 5, 2019 The UAE real estate company’s alliance with Dubai Islamic Bank will provide home financing solutions to buyers... Read more
EnergyUAE’s Drydocks World first ME firm to build Dutch wind farmInternational Finance DeskJuly 30, 2019December 17, 2019 by International Finance DeskJuly 30, 2019December 17, 2019 Drydocks World and Petrofac to build the topside for the 700MW alternate current platform for a wind farm in the Netherlands... Read more