Adnoc mulls $5bn bank loan for smart growth

The Abu Dhabi National Oil Company (Adnoc) is currently considering a range of financing options, including a$5 billion bank loan, to promote prospects ... Such IPOs would support the growth and expansion of the UAE’s private sector and equity capital ... ( read original story ...)

Director, Structuring

Standard Chartered Bank - Dubai - Enhanced Structuring coverage of West Africa and francophone countries in AME FM Structuring AME provides coverage of full spectrum of derivative products (from vanilla to exotic), through our product specialists located ... ( read original story ...)

Five Chinese firms to invest $300m in Abu Dhabi’s Kizad

RELATED ARTICLES: Kizad expands to become largest UAE freezone | KIZAD hosts UAE’s first banknote ... are involved in sectors ranging from power and metals to natural resources and banking, Abu Dhabi officials said. Mohamed Juma Al Shamisi, chief ... ( read original story ...)

Gulf banks are said to be refusing to extend Qatar deposits

London/Dubai: Foreign deposits at Qatar’s banks may fall further ... from a month earlier, according to central bank data. The slide in non-resident holdings, which account for 22 per cent of overall deposits, comes even after local lenders raised ... ( read original story ...)

Saudi oil minister is said to have met top commodity hedge funds

London/Kuwait/Dubai: Khalid Al Falih, Saudi Arabia’s energy minister, met in private with some of the world’s top commodity hedge funds in July, taking the unusual step of personally canvassing investor views on the state of the market. In the past ... ( read original story ...)

Fire put out at 86-story residential skyscraper in Dubai

DUBAI, United Arab Emirates — Firefighters have put out a blaze that broke out early Friday in one of the world’s tallest residential towers in Dubai, engulfing part of the skyscraper and sending chunks of debris plummeting below, the city authorities ... ( read original story ...)

Dubai to have PU campus

LAHORE - The Punjab University Hailey College of Banking and Finance (HCBF) and Professionals and Accountancy Centre (PAC) established under Knowledge and Human Development Authority (KHDA Dubai) Thursday signed an MoU for establishment of PU campus in Dubai. ( read original story ...)