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Personal finance sentiment positive in UAE: studyThe majority in the UAE seems to have adopted healthy financial practices including timely payment of bills (75 per cent) as well as upfront payment or reduced payment periods (73 per cent), a report said. They also have a plan fo More… |
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NREC wins approval to convert Agility loan into equityNational Real Estate Company (NREC) said it has won approval from shareholders to convert the KD31-million ($101.7 million) loan taken from Agility Investment Holding Limited Company into 272.8 million shares in the company's share capital a More… |
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Drake & Scull completes UAE debt restructuringDrake & Scull International (DSI), a regional leader in engineering and construction services, announced today that it has successfully completed the restructuring of its corporate general bank debt in the UAE and has secured new credit li More… |
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Drake & Scull completes UAE debt restructuringDrake & Scull International (DSI), a regional leader in engineering and construction services, announced today that it has successfully completed the restructuring of its corporate general bank debt in the UAE and has secured new credit li More… |
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Mena wealth grows by over $2.2trn since 2000Total wealth in the Mena region grew by $2.221 trillion or 156 per cent since 2000, above the global average of 140 per cent, according to Credit Suisse Research Institute’s 2017 Global Wealth Report. In the next five years More… |
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Mideast debt issuance up 53pc to $57bn in H1Middle Eastern debt issuance reached $57.4 billion during the first half of 2017, an increase of 53 per cent year-on-year, according to a Thomson Reuters report. The value of announced M&A transactions with Middle Eastern invo More… |
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Mideast debt issuance up 53pc to $57bn in H1Middle Eastern debt issuance reached $57.4 billion during the first half of 2017, an increase of 53 per cent year-on-year, according to a Thomson Reuters report. The value of announced M&A transactions with Middle Eastern invo More… |
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Refinancing risk on $1 trillion debt for EMEA firms easesThe refinancing risk for speculative-grade non-financial companies in Europe, the Middle East and Africa (EMEA) region has considerably fallen, with over half of the almost $1 trillion debt now due in 2022 and beyond as investors' continued More… |
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Mideast debt issuance hits $77bn, highest since 1980Middle Eastern debt issuance reached $77.8 billion in 2016, a 145 per cent increase compared to the value raised during 2015 and by far the highest annual total in the region since records began in 1980, said a report from Thomson Reuters, a lea More… |
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Contactless payment? Beware of New Year debtConsumers planning to pay for their shopping by contactless could be in store for a nasty New Year shock, according to research from a London Business School professor whose prior findings would suggest touchless payment could see festive shoppe More… |
