Saturday 20 September 2014
 
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Purchase

Etihad to raise $2bn to fund stake buys, aircraft

Abu Dhabi's Etihad Airways is on track to raise about $2 billion in loans this year to fund its equity investments around the world and aircraft purchases, its chief financial officer said. Etihad has aggressively pursued a gl

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ADIB completes Barclays unit purchase

Abu Dhabi Islamic Bank (ADIB) said it has formally completed the purchase of Barclays’ UAE retail banking business from the British lender. As per the new deal, ADIB and Barclays will now work closely to ensure the seamless

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Cloud computing apps ‘an attractive option for firms’

The new wave of cloud computing applications, together with the promise of increasing efficiency, driving speedy adoption of cutting-edge technologies and decreasing costs, are proving to be an attractive option to many businesses, according to

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Etisalat unveils billing for Samsung Apps store purchases

Etisalat, the UAE’s leading telecommunications operator, has launched carrier billing for the Samsung Galaxy Apps store, in partnership with Samsung Electronics. The service will allow the operator’s customers to charg

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Plans to buy land for Manama's Old Suq development

Preparations are in full swing to buy 13 plots of land for the Bahrain government to carry out development projects in Manama’s Old Suq, including car parks, shelters and toilets. 

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GDF Suez signs Abu Dhabi utility purchase deal

GDF Suez has signed a 25-year power and water purchase agreement (PWPA) with the Abu Dhabi Water and Electricity Company (Adwec) for its Mirfa Independent Water and Power (IWPP) project to be built at a cost of $1.5 billion. GDF S

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GDF Suez signs Abu Dhabi utility purchase deal

GDF Suez has signed a 25-year power and water purchase agreement (PWPA) with the Abu Dhabi Water and Electricity Company (Adwec) for its Mirfa Independent Water and Power (IWPP) project to be built at a cost of $1.5 billion. GDF S

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Aldar to launch off-plan sale for Ansam

Aldar Properties, Abu Dhabi's leading listed property development, investment and management company, is set to launch off-plan sales for phase one of Ansam residential development on June 7.   The sales even

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Egypt's scope to boost local wheat purchase limited

Egypt aims to buy about half of its domestic wheat harvest this year at 4.4 million tonnes and is unlikely ever to get much more from farmers, who need to reserve the rest for seed and to feed their families. Egypt, the world'

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Saudi interests buy 600,000 tonnes feed barley

Saudi Arabian private interests have purchased about 600,000 tonnes of feed barley in the past two weeks which is likely to be sourced from the Black Sea region, European traders said on Thursday.   It was priced

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