ABU DHABI, Dec 11 Emirates Steel, the largest
steel producer in the United Arab Emirates, has refinanced $650
million of debt with a new loan and sukuk or Islamic bond,
sources close to the transaction told Reuters.
ABU DHABI/DUBAI, Dec 6 Abu Dhabi held meetings
with international bond investors in a so-called non-deal
roadshow before a potential bond issue next year, sources
familiar with the matter said, as a recent drop in oil prices
might prompt Gulf countries to borrow soon.
NEW DELHI/ABU DHABI Jet Airways Ltd and second-largest shareholder Etihad Airways have been holding rescue talks with bankers of the indebted Indian carrier, three people aware of the matter told Reuters on Wednesday.
MILAN/ABU DHABI Europe's only commercial maker of military drones, Italy-based Piaggio Aerospace, has lost its sole customer after going into bankruptcy in a setback for Italian ambitions to challenge U.S. and Israeli firms in a fast growing industry.
ABU DHABI Etihad Rail, the developer and operator of the United Arab Emirates’ national rail network, said on Tuesday the government has agreed financing for phase two of the project which was put on hold in 2016.
ABU DHABI/DUBAI The United Arab Emirates on Monday pardoned and released a British academic jailed for life on spying charges, granting a request for clemency after showing a video of him purportedly confessing to membership of the UK's MI6 intelligence service. | Video
ABU DHABI Luxury carmaker Aston Martin , has not yet seen a slowdown in its key markets and aims to more than double the number of cars it makes by 2025, its chief executive said on Sunday.
ABU DHABI Aston Martin lost interest in making a Formula One engine after the sport changed its mind about new rules from 2021, chief executive Andy Palmer said on Sunday.
ABU DHABI/DUBAI Abu Dhabi lender Union National Bank (UNB) has hired JPMorgan to advise on its merger talks with Abu Dhabi Commercial Bank (ADCB) , three sources familiar with the move said.