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Emirates to allow lower-tier frequent fliers access to Dubai loungesEmirates airline has unveiled plans to open up its lounges in Dubai to lower-tier frequent flyer members, said a report. The moves comes as part of efforts to boost revenues after the airline reported a 75 percent drop in half-yea More… |
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NBK issues $410m Subordinated Tier 2 bondsNational Bank of Kuwait (NBK) has issued KD125 million ($410.4 million), 10NC5, Subordinated Tier 2, Basel III compliant bonds. The issuance represents the first investment grade-rated (Baa1 by Moody’s) B More… |
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Naseej launches tier three of key project in BahrainBahrain-based developer Naseej has launched the sales of tier three of the Al Madina Al Shamaliya (North Bahrain New Town) housing development. This new community offers Bahrainis exceptional value in terms of the location (beachfront More… |
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Al Hilal issues $500m tier 1 sukuk capitalAl Hilal Bank has priced a $500 million Perpetual Additional Tier 1 sukuk certificates, marking the first Tier 1 issuance out of the Middle East since May last year. The tr More… |
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Etisalat launches business prepaid plansEtisalat, UAE’s leading telecom operator, has launched its new tiered business pre-paid plans with flexible options. This first-of-its-kind proposition provides a comprehensive multi-levelled set of pre-paid offers for More… |
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Emirates NBD seals $1bn ICD debt securities pactEmirates NBD said it has successfully completed the issuance of Dh4 billion ($1.08 billion) Tier 1 Debt Securities to the Investment Corporation of Dubai, the investment arm of the Government of Dubai. These securities will enable the More… |
