The Gulf airline may refinance a $550 million sukuk, though repayment in cash is still an option.
Improving tourism and strong trade flows helped the emirate’s GDP reach Dhs306.2 billion last year.
Committee approves Dhs755 million infrastructure projects in the UAE’s East Coast and UAQ.
Abu Dhabi oil company signs agreement for EMARAT’s fuel stations across five emirates in the UAE.
The credit card global rewards currency model works for all airlines and covers all routes, the firm said.
Warnings for oil consumption and equities markets amidst growth of deposits and loans from DIFC companies.
Exclusive: Abdul Aziz Al Ghurair blamed a greed culture and a desire for growth for lurching the UAE banks into crisis.
The country plans to introduce multiple entry visas for cruise tourists by September this year.
The amount, secured from a unit of Standard Chartered Bank, will be used to buy two new aircraft.
A majority of JAFZA’s stakeholders have consented to the early redemption of the Sukuk, due in November.
Imported meat ban is lifted as UAE’s Ministry of Environment and Water signs new agreement.
The country is ranked 19th in the World Economic Forum’s Global Enabling Trade Report this year.
UAE telecoms operator Etisalat will reduce international call tariffs from the second half of 2012.
Mohammad Kamran will head up two of Emirates NBD’s subsidiaries including Capital Limited.
The social network eyes regional advertisers as a new source of investment following the firm’s IPO last week.
Gulf Business takes a look at several Arab-funded football clubs and picks a fantasy team purely of Arabian funding.
The Abu Dhabi National Energy Company (TAQA) is studying energy investments in Turkey.
Digital Domain Media Group is opening up an animation and visual effects studio in Abu Dhabi’s twofour54.
The airport retailer has increased the size of its loan facility because of high demand, an official has said.
DIFC Investments close in on a $1 billion dollar loan to refinance an upcoming sukuk maturing in June.
Gulf Business rounds up ten indicators that show that the emirate is back on the growth trajectory.
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.
Exclusive: Al Ghurair says UAE will not see pre-2008 profits for the foreseeable future.
The contract will be an oil and gas project to build a pipeline in Basra, said the company’s CEO.
The fund, launched by NBAD and Khalifa Fund for Enterprise Development, targets Emirati entrepreneurs.
The country’s non-oil trade increased to Dhs927.7 billion in 2011, according to official statistics.
ADNOC’s highest ever offers for naptha contracts are likely to influence Saudi Aramco talks
Financing has been secured for the new project on Dubai’s Palm Jumeirah, said Nakheel’s chairman.
The UAE government will settle the personal loans of citizens whose debts are less than Dhs5 million.