Dubai Aluminium (Dubal) has held talks with banks about raising a loan to help fund its general operations, the first time the firm has commissioned such a facility in years, three banking sources told Reuters.
While it is a rarit
The success of General Electric's (GE) impending initial public offering for its private-label credit card unit could ride on investors' willingness to bet that a lukewarm consumer-led US economic recover
A Dubai initiative to provide potable water to five million people facing shortages in Asia and Africa has raised nearly $50 million, said a report.
The UAE Water Aid campaign, Suqia, has exceeded its goal as t
Saudi Arabia's Dar Al Arkan Real Estate Development raised $400 million through an Islamic bond, the developer said in a statement on Thursday, with strong demand for the paper helping to reduce the cost at which it borrowed.
Doha Bank is planning to raise additional capital in 2015 as it bolsters its reserves due to high growth rates and potential acquisitions, the chief executive of Qatar's fourth-largest bank by assets said on Wednesday.
Twitter priced its initial public offering above its expected range to raise at least $1.8 billion, in a sign of strong investor demand for the most highly anticipated US public float since Facebook.
The microblogging network pric
Build-A-Bear Workshop, a brand where children make their very own stuffed toys, has raised BD1,000 ($2,641) for autism in partnership with charitable organisations in the local community in Bahrain.
This GCC-wide initiative saw th
Indian consumer products maker Marico Ltd said on Saturday it plans to raise Rs5 billion ($97.8 million) from the sale of 29.41 million shares to two private equity investors at Rs170 each.
On Tuesday, Business Standard reported Marico pla
The initial public offering (IPO) activity in the Middle East rose significantly in the first quarter raising $420.5 million from six IPOs compared to $83.6 million in the same period last year, according to Ernst & Young.