DIFC Investments has secured a five-year syndicated loan to repay its Sukuk maturing this month.
Gulf Business presents the world’s most influential Arabs.
Dubai’s national carrier launches new entertainment software across its Boeing 777 fleet of aircraft.
The Dubai-based developer’s first-quarter revenue rose 159 per cent to Dhs1.35 billion in the first quarter of the year.
The loan will be partly guaranteed by the Dubai government, according to sources.
Gulf Business rounds up the top IPOs issued in the region in terms of capital raised, as revealed by Ernst and Young.
The social networking site has opened an office in Dubai to try and boost advertising revenues from the region.
Kuwait’s Global Investment House saw its net loss narrow to $39.3 million in the first quarter of 2012.
The Gulf airline may refinance a $550 million sukuk, though repayment in cash is still an option.
Warnings for oil consumption and equities markets amidst growth of deposits and loans from DIFC companies.
The country plans to introduce multiple entry visas for cruise tourists by September this year.
A majority of JAFZA’s stakeholders have consented to the early redemption of the Sukuk, due in November.
Serviced offices are ideal for start-ups, writes Prajit Arora, managing director of Sentinel Business Centres.
A new report states that 20 per cent of MENA banks need capital to meet the Basel III banking requirements.
Real estate projects in Qatar are not yet seeing an interest from global investors, say industry experts.
UAE telecoms operator Etisalat will reduce international call tariffs from the second half of 2012.
The GCC’s share of global aluminium production could reach ten per cent by 2022, but the sector faces hazards.
Gulf Business takes a look at several Arab-funded football clubs and picks a fantasy team purely of Arabian funding.
DIFC Investments close in on a $1 billion dollar loan to refinance an upcoming sukuk maturing in June.
Four banks have been chosen as advisors for the proposed merger been Aldar and Sorouh, according to sources.
A deal for a new Islamic bond from DIB is being arranged by a host of local and global banks.
The contract will be an oil and gas project to build a pipeline in Basra, said the company’s CEO.
Mounting concerns around a Greek exit from the Euro have dampened Gulf economic sentiment.
Financing has been secured for the new project on Dubai’s Palm Jumeirah, said Nakheel’s chairman.
According to the IMF, UAE’s state-related entities have a “significant” amount of debt maturing in the next few years.
Peter Shaw-Smith takes a walk through Msheireb Downtown, Qatar’s billion-dollar city centre project.
If Greece leaves the Euro next month the impact will be indirect but significant for the Gulf, say experts.
Gulf Business reveals the top five UAE real estate firms based on profit gains in the first quarter of the year.
The UAE healthcare provider said that revenues rose 18 per cent to $166.4 million during the period.
The final draft of the UAE’s new bankruptcy law will be ready by the end of this year, the Justice Minister has said.