Friday 22 May 2015
 
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Miele launches new vacuum cleaner in ME

Miele, a manufacturer of premium home and professional appliances, has launched its latest range of vacuum cleaners, to help reduce the Middle East’s respiratory health issues. It has designed a range of vacuums especially f

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Miele launches new vacuum cleaner in ME

Miele, a manufacturer of premium home and professional appliances, has launched its latest range of vacuum cleaners, to help reduce the Middle East’s respiratory health issues. It has designed a range of vacuums especially f

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Ahli United prices maiden $400m issue of securities

Following successful fixed income investor meetings in Asia, the Middle East and Europe, Ahli United Bank (AUB), has priced its maiden issue of dollar perpetual additional tier 1 securities at a competitive coupon of 6.875 per cent per annum.

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Sandstorm warning issued for Bahrain

A sandstorm warning has been issued for Bahrain. It is expected to hit early today (April 13) and visibility is expected to drop to less than 1,000 metres, according to the Meteorological Directorate at the Transportation and Tele

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BisB gives go-ahead for special purpose vehicle

The shareholders of Bahrain Islamic Bank (BisB) have approved the issuance of more than 9.3 million shares with a nominal value of 100 fils each which equals to BD939,673.5 ($2.4 million) to establish a special purpose vehicle (SPV).

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National Bank of Egypt in talks for dollar bond issue

National Bank of Egypt (NBE), the oldest commercial lender in the North African country, has invited banks to pitch for arranger roles on a potential dollar-denominated bond issue, two banking sources said on Thursday. A deal for

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CBQ shareholders approve up to $1bn capital raising

Shareholders of Commercial Bank of Qatar (CBQ) have approved the issue of up to $1 billion in capital-raising instruments, the bank said on Thursday. The annual shareholders' meeting of the Gulf Arab state's second-largest

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Emirates ID issues 179,000 cards via ‘Urgent Service’

The Emirates Identity Authority has issued more than 179,000 identity cards via its ‘Urgent Service’ last year. The cards were issued in 11 of the authority’s services centres spread across the country, said a st

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New Qatar research grant to focus on Arab family issues

Qatar National Research Fund (QNRF) has launched a new research grant focused on the Arab family and policy related issues, in collaboration with the Doha International Family Institute (DIFI), members of Qatar Foundation for Education, Science

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BBK eyes bond issue to refinance $500m debt

Bank of Bahrain and Kuwait (BBK) is planning its first debt issue since 2010 to refinance an existing $500 million bond maturing in October, its chief executive has said. The offering by Bahrain's fourth-largest bank by assets

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