Edition:
United Kingdom

Stanley Carvalho

India's IndiGo eyes wide-bodied aircraft from Airbus, Boeing: executive

14 Oct 2018

ABU DHABI Indian airline IndiGo on Sunday said wide-bodied aircraft are an “aspiration” and talks with manufacturers are ongoing but there is no firm timeline amid difficult market conditions in the Indian market.

UPDATE 1-UAE deepens money market with law allowing federal debt issues

13 Oct 2018

ABU DHABI, Oct 13 The United Arab Emirates has taken a major step towards deepening its financial markets by issuing a law permitting the federal government to begin issuing sovereign debt, the finance ministry said on Saturday.

Etihad and Abu Dhabi likely to reject bondholder complaints -sources

11 Oct 2018

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.

UAE plans initial coin offerings to boost capital markets: regulator

08 Oct 2018

ABU DHABI The United Arab Emirates plans to introduce initial coin offerings (ICOs) next year to provide companies with a fresh way to raise money, the head of the securities regulator said on Monday.

UAE plans initial coin offerings to boost capital markets - regulator

08 Oct 2018

ABU DHABI, Oct 8 The United Arab Emirates plans to introduce initial coin offerings (ICOs) next year to provide companies with a fresh way to raise money, the head of the securities regulator said on Monday.

Trade Bank of Iraq in talks to acquire a Gulf lender: chairman

03 Oct 2018

ABU DHABI Trade Bank of Iraq (TBI) is in talks to buy a Gulf bank with branches in the United Arab Emirates and Qatar as part of a strategy to boost revenues outside its home market, its chairman said on Wednesday.

Abu Dhabi’s Mubadala plans bond transaction soon - sources

27 Sep 2018

LONDON/DUBAI, Sept 27 Abu Dhabi state fund Mubadala is working on a bond transaction which could be announced as soon as next week, sources familiar with the matter said.

UPDATE 1-UAE's Bank of Sharjah, Invest Bank, UAB in merger plan –sources

27 Sep 2018

ABU DHABI/DUBAI, Sept 27 The Sharjah government is weighing a merger between three of the emirate's banks that could create a lender with about 66.2 billion dirhams ($ 18.0 billion) of assets, sources aware of the matter told Reuters.

UAE's Bank of Sharjah, Invest Bank, UAB in merger plan –sources

27 Sep 2018

ABU DHABI/DUBAI, Sept 27 The Sharjah government is weighing a merger between three of the emirate's banks that could create a lender with about 66.2 billion dirhams ($ 18.0 billion) of assets, sources aware of the matter told Reuters.

UAE banks group considers asking for ease in mortgage rules

24 Sep 2018

DUBAI/ABU DHABI, Sept 24 The United Arab Emirates' banking group is considering whether to ask the central bank to relax mortgage lending rules to stimulate a fragile real estate market, sources familiar with the matter said.

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