Saudi shipper Bahri plans $1bn sukuk to repay debt

Saudi shipper Bahri plans $1bn sukuk to repay debt

National Shipping Company of Saudi Arabia to sell 10-year sukuk which will also fund general business purposes

Dubai to build $1bn DIFC development

Dubai to build $1bn DIFC development

ICD Brookfield Place will comprise a 50-storey office tower, hotel and retail outlets

Etihad-backed Air Berlin launches new turnaround plan

Etihad-backed Air Berlin launches new turnaround plan

CEO Stefan Pichler announces details of three-phase plan to return German carrier to profitability in 2016

Dubai's Emirates said to add $7.6bn to European economy

Dubai's Emirates said to add $7.6bn to European economy

New study also says airline support more than 85,000 jobs through expanding network of European flights

Oil plunge slows Gulf deposit growth, but no liquidity crunch

Oil plunge slows Gulf deposit growth, but no liquidity crunch

GCC governments appear to be managing their funds carefully to limit the pressure on banks

Dubai's Abraaj leads $200m healthcare investment in North Africa

Dubai's Abraaj leads $200m healthcare investment in North Africa

Private equity firm announces partnership to enhance quality and accessibility of healthcare in Egypt, Tunisia

Kuwait sovereign fund says to cut US investments

Kuwait sovereign fund says to cut US investments

Kuwait Investment Office chief also says it is going overweight on Europe after quantitative easing decision

Dubai real estate investors switch to low cost UK property

Dubai real estate investors switch to low cost UK property

Survey shows that a large number of investors are now switching away from Dubai for long term security

UAE’s Mashreq bank launches the 'selfie' credit card

UAE’s Mashreq bank launches the 'selfie' credit card

Lender previously launched a diamond-embedded card

UAE benefiting from strong dollar, says central bank chief

UAE benefiting from strong dollar, says central bank chief

Mubarak Al Mansouri dismissed claims by a Qatari central bank official who called for Gulf states to rethink pegging their currencies to the US dollar


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