Dubai's department of finance raised $675 million from a dual-currency loan to complete the first phase of its Al-Sufouh tram project in the emirate.
The Arab Authority for Agricultural Investment and Development (AAID) is considering building a system for storing three to six months of grain reserves for the Gulf region, a senior official from the
Al Jaber Group, a family-held conglomerate in the midst of a $1-billion plus restructuring, will hire a new chief executive to replace the founder's son in a management reshuffle that also saw a new f
Dubai's DP World is in talks with banks for a $1-billion syndicated loan to replace its existing $3bn deal that matures in October, bankers said.
United Arab Emirate's largest telecommunications company Etisalat is seeking a syndicated loan of up to $2 billion for general corporate purposes, bankers close to the deal said.
Internet subscribers with UAE telecoms operator du may face slower speeds after a submarine cable between Dubai and Oman was cut on Tuesday, the firm said.
Dubai-based Abraaj Capital is among companies interested in bidding for the media assets of Turkey's Calik Holding, ATV television and newspaper Sabah, which are being evaluated separately, two source
Futures exchange operator CME Group Inc and an Omani sovereign fund boosted their stake in the Dubai Mercantile Exchange after a cash infusion on Tuesday, diluting positions held by oil majors and the
Etihad Airways, along with its Unit Load Device (ULD) partner Jettainer, has embarked on a program to replace 3,000 containers from the original aluminium ULD fleet with environmentally friendly light
Dubai lender Emirates NBD could soon issue the Gulf Arab region's first yuan bond, reflecting the growing importance of bilateral ties with China and giving a further boost for yuan-denominated issuan
