ABU DHABI/DUBAI Etihad Airways and Abu Dhabi's Department of Finance are likely to reject calls for a meeting with disgruntled bond investors in the belief that their complaints have no legal merit, sources close to the matter told Reuters.
DUBAI Qatar National Bank , the largest bank by assets in the Middle East and Africa, and Qatar Islamic Bank , the Gulf state's largest sharia-compliant lender by assets, have raised a combined $1.3 billion in privately placed bonds, sources familiar with the matter said.
DUBAI U.S. investment bank Moelis' mandate to advise the Abu Dhabi National Oil Company (ADNOC) on strategy and investment opportunities across the oil giant's businesses will end this year, sources familiar with the matter said.
DUBAI, Oct 10 The Gulf's biggest dairy company
Almarai has hired banks including HSBC and First Abu
Dhabi Bank to arrange a sale of U.S. dollar sukuk, or Islamic
bonds, sources familiar with the matter said on Wednesday.
DUBAI, Oct 9 Bahrain does not plan to issue new
U.S. dollar-denominated bonds this year, a central bank official
told investors on Tuesday, after the kingdom secured a $10
billion aid package from Gulf neighbours last week, one source
DUBAI, Oct 8 The government of Oman could
announce a plan to issue new U.S. dollar-denominted sukuk, or
Islamic bonds, as early as Monday, sources familiar with the
matter said, speaking on condition of anonymity.
* Advanced Petrochemical posts decline in quarterly net
DUBAI Saudi Arabia, Kuwait and the United Arab Emirates have agreed to give Bahrain $10 billion to support the country's funding requirements as it embarks on a fiscal program aimed at eliminating its budget deficit by 2022.
DUBAI The expansion of Dubai's second airport, Al Maktoum International, to handle 120 million passengers a year by 2025 has been delayed, according to sources familiar with the matter.
DUBAI, Oct 3 The expansion of Dubai's future
airport Al Maktoum International to handle 120 million
passengers a year by 2025 has been delayed, according to sources
familiar with the matter.