Income from Mubadala’s joint venture businesses doubled to Dhs2.12 billion, thanks to Emirates Global Aluminium and Dolphin Energy.
ES Bankers (Dubai), part of Espirito Santo group, has been restricted from taking or paying deposits, and is required to maintain and preserve its assets, the DFSA said.
Middle East investors bought 87 per cent of the Goldman sukuk, while 11 per cent went to Europe and two per cent to Asian investors, a document from lead arrangers showed.
Waha said the programme, approved by its board on Wednesday, would allow it to repurchase up to 194 million shares.
Emaar is aiming to sell two billion shares in EMG, representing 15.4 per cent of the unit’s share capital.
Improving asset quality and falling credit losses have offset the downside of lower net interest margins, Standard & Poor said in a report.
Mashreq also has no interest in any of Standard Chartered’s UAE operations, CEO Abdul Aziz al-Ghurair said on the sidelines of a company event in Dubai.
The Capital Market Authority has issued rules covering such trade and will immediately start receiving requests from companies to conduct it, the authority said.
No reason was given in the statement for the extension, which moves the closing date for investors to buy shares in the initial public offer to September 30.
Emaar Properties said that institutional investors had fully subscribed to their tranche of the $1.58 billion IPO of EMG.
The Securities and Commodities Authority (SCA) has outlined rules to make it faster and cheaper for firms to issue conventional and Islamic bonds.
The combined net profits of Saudi Arabia’s leading companies are expected to rise 17 per cent in 2014.
Savola said in August it had held preliminary talks with one of Americana’s largest shareholders about buying a stake in the firm.
The properties are in Durham, North Carolina, Seattle in Washington, and Jacksonville in Florida, the company said in a statement.
Arabtec said it “does not have the information” on such a deal, it said in a bourse statement.
Emaar is aiming to raise as much as Dhs5.8 billion ($1.58 billion) from the offer of shares in Emaar Malls Group (EMG).
The purchase comes after QNB acquired a 12.5 per cent stake in Ecobank from Nigerian “bad bank” Asset Management Company of Nigeria (AMCON) this month.
Sources say that Hasan Ismaik has finalised the sale of stake in Arabtec to Aabar and the deal will be announced soon.
No details were given on the timeframe to start operations or what type of licence was being sought to establish in Bahrain.
The Clean Fuels Project will upgrade and expand two of the Gulf Arab state’s largest existing refineries with a focus on producing diesel and kerosene for export.
Salaries across the GCC are predicted to rise by five per cent in 2015, according to Aon Hewitt.
The loan will be used to fund Empower’s multi-plant district cooling network in Dubai’s Business Bay area, the company said in a statement.
The company will sell its 30.4 per cent holding in the Masharef project to Kinan International Company for Real Estate Development.
Emaar expects to sell two billion in Emaar Malls Group with a price range of Dhs2.50 to Dhs2.90 per share, it said in a statement.
Marka initially planned to list its shares on the DFM around the first week of June, but the market was hit by volatility that month.
Talks are at a preliminary stage to sound out banks about what Dubal could raise in the loan market, the sources said on condition of anonymity because the information is not public.
Abu Dhabi firm Trojan General Contracting committed investments worth $16 billion in various infrastructure projects in West Africa.
About $7.85 billion of orders poured in for the 10-year sukuk ijara from 250 investors on Wednesday.
Emaar plans to sell a 15 per cent stake in its retail business unit in a $1.4 billion IPO next week.
The retailing unit of Emaar Properties will launch an IPO on the Dubai Financial Market on September 14.