Emirates Airline Sets Final Guidance For UK-Guaranteed Sukuk

The deal has garnered more than $3 billion in orders, a document showed.

National Bank Of Kuwait To Meet Investors For Potential Tier 1 Bond

The bank has mandated HSBC and Standard Chartered as joint global coordinators for the Tier 1 bond.

Saudi Ma’aden Says Shut Down Ammonia Plant

The plant, located in the Ma’aden complex at Ras Al Khair city, was shut down on March 23 “for a period of around 10 days”, the company said.

Emirates Announces Daily Service To Orlando As Subsidy Debate Rages

The non-stop flights are scheduled to begin from September 1, 2015.

Aabar Investment Sets Exchange Price Of UniCredit Shares At 8.8642 Euros

The company said earlier that it had successfully placed 2 billion euros ($2.18 billion) of unsecured exchangeable bonds over shares of UniCredit.

Al Jazeera Sports Arm In Talks For Turkey’s Digiturk – Sources

BeIN Media Group is yet to finalise the acquisition of the satellite network.

French Builder Vinci To Sue Over Claims Of Forced Labour In Qatar

The statement comes as human rights group Sherpa filed a complaint against the company violated the rights of workers in its Qatar projects.

UAE Central Bank Expands Islamic Banks’ Access To Its Funds

Islamic banks will be allowed to use sharia-compliant securities other than central bank-issued Islamic certificates of deposit to borrow overnight from the central bank.

Al Etihad Credit Bureau Begins Issuing Company Reports

Reports will include details of credit facilities that are being used, total amount of credit taken and a firm’s track record of repayment.

Saudi To Reward Inspectors For Uncovering Labour Law Violations

The Kingdom has priortised job creation among its local population to drive economic growth and improve economic diversification.

Yemen Rivals To Hold Talks In Doha -Source

U.N. Yemen envoy Jamal Benomar said the discussions would be held in Qatar and that any subsequent agreement reached would be signed in Saudi Arabia.

Saudi Real Estate Shares Tumble On Decision To Tax Undeveloped Land

The cabinet’s decision aims to push out more land out into the market where it can be developed.

Aabar To Raise Up To 2bn Euros Via UniCredit Exchangeable Bonds

Aabar said it would sell two tranches of bonds worth 750 million euros each, with an option to increase that amount by a further 250 million per tranche.

Kuwaiti Opposition Protests Turn Violent

Police used batons to halt the progress of protestors marching towards the Kuwaiti parliament on Monday.

UAE’s Shah Gas Project Seen Achieving Full Capacity In Q2

Al Hosn Gas is the Shah gas development joint venture by the Abu Dhabi National Oil Company (Adnoc) and U.S.-based Occidental Petroleum.

French Builder Vinci Denies Claim Of Forced Labour In Qatar

The statement comes as Sherpa NGO submitted a claim in a French court against Vinci Construction Grand Projects for “forced labour” in Qatar.

Ras Al-Khaimah Launches $1bn 10-yr Sukuk -Leads

The emirate, which is issuing sukuk with an ijara structure, has garnered orders worth about $2.5 billion, an earlier document showed.

National Bank Of Fujairah Issues Dhs500m Tier 1 Capital

The capital-enhancing issue is a perpetual issue structured to comply Basel III norms, a statement said.

Dubai’s Non Oil Foreign Trade Reaches Dhs1.33trn In 2014

China was Dubai’s top trading partner last year, followed by India and the US, official figures show.

Saudi Ma’aden Shuts Down Ammonia Plant After Cooling Facility Fault

The company said that the shutdown at the facility in Ras Al Khair would last for around 10 days.

Dubai Builder Arabtec Wins $283m Contract From Saudi Aramco

Arabtec said it would complete the project in Al Dhahran within 28 months.

Saudis Claw Back Global Market Share With Oil Output Push

The Kingdom is now pumping around 10 million barrels per day – near an all-time high as it looks to grab a bigger share of the oil market.

Saudi Arabia Reshuffles Government Funds Under Finance Ministry

Each institutional fund will now belong to a ministry or other body related to its function, and be chaired by the minister.

Saudi Cabinet Targets Housing Gap With Tax On Undeveloped Land

Much urban land in the kingdom is owned by wealthy individuals or companies who prefer holding it as a store of value, or trading it for speculative profits.

Oman Sultan Returns In “Complete Health” After Treatment In Germany

Qaboos, 74, has been absolute ruler of Oman since 1970, but his absence in Germany since July had led to growing concern about his health.

Saudi’s Advanced Petrochemical Resumes Production After Maintenance

Full operational capacity at the two plants would be achieved in 8-10 days.

Secured Creditors Of Espirito Santo Dubai Unit To Get 82.7% Payout

Unsecured creditors of the Dubai arm of the Espirito Santo empire will get none of the $14 million they are owed.

Saudi Arabia: Arabs Will Take Action Over Yemen If Peace Efforts Fail

Foreign minister Prince Saud al Faisal repeated an invitation to all Yemen’s rival factions, including the Houthis, to attend peace talks in the kingdom.

Qatar’s QIA To Join Swiss Travel Retailer Dufry In Bid For WDF -Sources

Italian travel retailer World Duty Free (WDF) belongs to the Benetton family.

Aldar Sells 281 Land Plots In Abu Dhabi’s Khalifa City

The company generated around Dhs600 million in revenues from the sale of land plots.