Sunday 28 April 2024
 
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Redeem inks deals for mobiles recycling in UAE

Redeem Mena, a unit of the leading mobile phone recommerce and recycling company in Europe, has signed partnerships with three of the key electronics retailers in the UAE for recycling of mobile phones. The partnerships include co

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Burgan Bank's redemption threat rattles ME bond market

Investors were caught completely off-guard this week after Burgan Bank announced that it could redeem subordinated bonds ahead of time, raising concerns that bondholders have grown complacent about regulatory risk across the Middle East.

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American Express ties up with Etihad Airways

American Express Mena said it has joined forces with UAE national carrier Etihad Airways to bring its cardmembers exclusive travel rewards. Until the end of May, cardmembers can redeem their membership rewards points for a chance to win o

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American Express ties up with Etihad Airways

American Express Mena said it has joined forces with UAE national carrier Etihad Airways to bring its cardmembers exclusive travel rewards. Until the end of May, cardmembers can redeem their membership rewards points for a chance to win o

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Dar Al-Arkan redeems $600 million debut sukuk

Dar Al-Arkan Real Estate Development Company, a top Saudi property developer, said it has successfully redeemed its inaugural $600 million Sukuk issued in March 2007. The repayment was made on schedule, the company said in a statement.

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KIC redeems maiden 2006 Sukuk

Saudi Arabia’s Kingdom Installment Company (KIC) has announced that it has redeemed its maiden Sukuk issued in 2006, despite the exceptionally difficult circumstances in the international capital markets. KSA MBS I International Sukuk was

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