The emirate is hoping to become a global hub for Islamic finance and other businesses based on Islamic principles.
The 15-year bond will allow NBAD to directly access Japanese retail investors.
The new firms will be listed as Tier-2 stock without the need for initial public offerings.
Qatar’s sovereign wealth fund plans to invest in the Russian state-owned bank.
The lender said 12 prepaid travel cards were compromised outside of Oman.
DEWA CEO Saeed Mohammed al-Tayer indicated last week that the sukuk would be $1 billion.
The UAE’s national railway network will span 1,200 kilometres and form part of the planned Gulf-wide railway network.
Industrial and Commercial Bank of China’s Middle East unit posted a pre-tax profit of $54 million in 2012.
Investment Corporation of Dubai, which controls some of Dubai’s top companies, expects to complete a deal this year.
There are now 18 banks in the sultanate after last year’s merger between the local business of HSBC Holdings and Oman International Bank.
Qatar National Bank had planned to buy 77 per cent of National Societe Generale Bank last year.
Etisalat is talking to banks about a syndicated loan of up to $8 billion to finance the potential transaction.
Wafik Nsouli will take charge as executive director and head of institutional equity sales
The Dubai-listed company has proposed to pay a cash dividend of 5 fils per share to its shareholders.
The Dubai developer’s shares jumped 4.6 per cent to hit Dhs5.15, its highest close since November 2008.
The UAE lender will issue a benchmark-sized five-year bond and also a ten-year subordinated deal.
The Qatar sovereign has ratings of Aa2 from Moody’s and AA from S&P, and was in the bond market last summer with a $4 billion sukuk issue.
The issue will be split equally between a local offering and global depositary receipts (GDRs) in London.
The structure could play a role in Islamic finance after it was used for the first time by London-based subsidiary of Kuwaiti firm Securities House.
The bank made a net profit of $26 million for the final three months of 2012, meaning a full-year profit gain of 13 per cent.
International Finance Corp is to buy into the lender with a 5.28 per cent private share placement.
Tom Emmet will head up the lender’s mergers and acquisitions business in the MENA region.
The group will now be known as UAE Banks Federation to better reflect ‘the union of UAE banks’.
The lender said earlier this month it was seeking regional acquisition targets after selling a 29.4 per cent stake in Qatar’s Ahli Bank.
Qatar Holding’s vice-chairman says the firm will invest in shares, bonds and private equity.
Aldar, which has been bailed out by the Abu Dhabi government over the past two years, plans to merge with rival Sorough.
The money will be disbursed on an annual basis over the next 10 years.
KFH, Kuwait’s biggest Islamic lender, started a restructuring programme last year.
Ali Rashid Lootah dismissed concerns over Nakheel’s ability to repay its debts, which include a Dhs3.8 billion sukuk.
The company borrowed heavily to build up holdings in a number of major companies, including carmaker Daimler.