Gulf Petrochem Group Closes US$150m Financing Deal

Mr. Salah Mohammed Amin, Executive Vice President, Corporate Banking, Emirates NBD also added, "The positive response for this facility confirms the interest in key sectors in the UAE and the trust endorsed to Gulf Petrochem Group's strong financial ... ( read original story ...)

The Qatar Crisis

These two countries have become the primary sites of capital accumulation, and firms from Saudi Arabia and the UAE dominate the GCC economy in the real estate, finance, trade, logistics, telecommunications, petrochemicals, and manufacturing sectors. ( read original story ...)

Some Global Banks To Shift Qatar Business From Dubai Hub

Some international banks are serving Qatar from London and New York instead of Dubai’s financial center as a regional dispute makes it harder to do business with clients in the gas-rich Gulf state, according to people familiar with the matter. ( read original story ...)

DIB Pakistan issues Rs 4b tier-II Sukuk

... a formidable force in Islamic Finance and one of the most progressive Islamic Finance institutions in the world. Currently, DIB has presence across all Emirates in the UAE with growing international operations in South Asia, Far East, Middle East ... ( read original story ...)

Abu Dhabi Ports signs $300m investment agreement with China

Browse Splash 24/7 for more maritime and shipping news. [cat_name] => Ports and Logistics [category_nicename] => ports-and-logistics [category_parent] => 54 ) ) Abu Dhabi Ports has signed an investment cooperation agreement with China’s Jiangsu province ... ( read original story ...)

Closure of emigration consultancy office raises suspicion

The victims said they have registered a complaint with the Financial Prosecution of Abu Dhabi Judicial Department on Sunday. A copy of the complaint obtained by Gulf News said that 10 Asians have been cheated by the Abu Dhabi-based company represented by ... ( read original story ...)

Abu Dhabi hotel guest arrivals up 30pc in June

the Emirates official news agency. Saif Saeed Ghobash, director-general of Abu Dhabi Tourism and Culture Authority (TCA Abu Dhabi), said: "I am pleased to say that we are on track to achieve our forecast guest arrivals growth for the year, and we are well ... ( read original story ...)

1MDB misses deadline for $820m payment to Abu Dhabi fund

Beleaguered state fund 1Malaysia Development Berhad (1MDB) yesterday failed to make a US$602.725 million (S$820 million) payment owed to Abu Dhabi's state investor ... monetising investment fund units. The news yesterday followed a string of negative ... ( read original story ...)