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Gulf Navigation selects Al Ramz to manage rights issueDubai-based Gulf Navigation Holding has appointed Al Ramz Corporation Investment and Development, listed in Dubai Financial Market as a Co-Bookrunner, to manage its rights issue in order to increase its capital to Dh1 billion ($272.26 million). More… |
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Saudi Arabia to announce tourist visa rules by Q1-endDetails about tourist visas to Saudi Arabia will be announced at the end of the first quarter, a report said. According to The Saudi Commission for Tourism and National Heritage (SCTH), regulations will be issued once they have be More… |
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Saudi Arabia 'to grant tourist visas to nationals of 65 countries'Saudi Arabia plans to issue tourist visas for travellers from 65 countries as part of a new programme, a report said quoting a senior official. The initiative, which will help steer the kingdom's economy away from its oil depe More… |
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Saudi Arabia 'ready to welcome tourists'Saudi Arabia is ready to welcome its first tourists as the government has sanctioned a Jeddah travel agency in category D to issue visas for tourists and for educational or medical treatment purposes inside and outside the kingdom, a report said More… |
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Dentons advises OETC on $500m notes issueDentons, a leading global law firm, has advised Oman Electricity Transmission Company (OETC) on the issuance by OmGrid Funding Limited of $500 million guaranteed notes, guaranteed by OETC. OETC is a member of Nama Group and is the More… |
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Asar helps Kuwait set up debut $8bn issueAl Ruwayeh & Partners (Asar), a leading corporate law firm said it had acted as law counsel to Kuwait, acting through the Ministry of Finance and represented by the Kuwait Investment Authority, for the establishment of its Global Medium Term More… |
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Asar helps Kuwait set up debut $8bn issueAl Ruwayeh & Partners (Asar), a leading corporate law firm said it had acted as law counsel to Kuwait, acting through the Ministry of Finance and represented by the Kuwait Investment Authority, for the establishment of its Global Medium Term More… |
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Trading of Dubai Parks and Resorts rights issue set to startThe rights issue of Dubai Parks and Resorts is due to be tradable on the Dubai Financial Market (DFM) exchange between May 4 and May 18, the DFM announced today. The rights issue will be solely tradable with a distinct trading symbol (D More… |
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BBK launches $265m convertible bond issueBahrain-based Bank of Bahrain and Kuwait (BBK) has launched a BD100 million ($265.3 million) convertible bonds issue to boost its capital ratios, said a report in the Gulf Daily News (GDN), our sister publication. More… |
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Tunisia to issue $1bn euro-denominated bondsTunisia is preparing to issue Euro-denominated bonds worth €750 million to €1 billion ($833.48 million to $1 billion) within a few weeks, a government official told Reuters on Friday. "We will go More… |
