Friday 29 March 2024
 
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Emirates sees scant benefit from EU deals

The chief of Dubai-based airline Emirates expressed doubts on Monday that an EU-level aviation agreement with the United Arab Emirates would improve on the existing deals the Gulf country has with most EU countries. In June Europe

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NBAD to boost international sukuk mandates

National Bank of Abu Dhabi (NBAD) expects to handle more international sukuk issuance for clients this year amid overall growth in the sector, according to the bank's global head of debt Andy Cairns. The United Arab Emirates&#

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Dubai Design and Fashion Council unveils purpose

The Dubai Design and Fashion Council brought together a wealth of design and fashion industry experts and top tier journalists for its inaugural community event in Dubai, UAE. Nez Gebreel, chief executive officer of the council, w

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Turkey mandates banks for sukuk issue

Turkey mandated banks for its second sovereign sukuk issue in international markets on Thursday and will hold a series of investor meetings from September 23 to October 1 in the Middle East and Asia, the Treasury said. "HSBC,

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Rohani election win mandate for change in Iran

Iranian voters weary of years of economic isolation and tightening political restrictions threw down a blunt demand for change on Saturday by handing a moderate cleric a landslide victory in a presidential electi

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FGB hires banks for $800m loan

First Gulf Bank (FGB) has mandated eight banks to arrange an $800 million loan to fund its growth and expansion, the Abu Dhabi-based lender said. The banks that have been mandated include Bank of Tokyo-Mitsubishi UFJ (MUFJ), Citib

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Bank of Sharjah in $100m loan deal

Bank of Sharjah, a leading bank in the UAE, said it has mandated a group of banks to arrange a $100 million loan for 'its general corporate purposes.' The two-year loan will be arranged by Germany’s Commerzbank as the lead arranger along

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