Thursday 24 July 2014

NSA intercepts Google, Yahoo traffic overseas

The National Security Agency has tapped directly into communications links used by Google and Yahoo to move huge amounts of email and other user information among overseas data centres, the Washington Post reported on Wednesday. T


Abu Dhabi firms to tap bond market in H2

HSBC Holdings, the top arranger of debt issues in the Middle East so far this year, said it expects a flurry of bond offerings in the second half, including from prime sovereign-linked Abu Dhabi names yet to tap the market in 2012 Debt iss


Grohe unveils new kitchen upgrades

Grohe, one of the world's leading manufacturers of sanitary fittings, has announced the launch of its innovative upgrades for hitech kitchens for the Middle East and Africa region. The company said the new Grohe Blue and Red units are


Foreigners to tap GCC sukuk market

Demand for Islamic bonds (sukuk) will increase from next year when foreign investors are expected to tap Gulf Arab markets, a top banker said. Simon Eedle, managing director of Global Islamic Banking at Calyon, told the Reuters Islamic Ban


French groups to put up strong show at Big 5

The ongoing construction boom in the Middle East and a strong demand for French products and services has led to an influx of French companies in the UAE construction market. According to the French Trade Commission, there is a growing ten


Bank of Moscow to tap GCC liquidity

Bank of Moscow, which plans to raise as much as $2 billion this year, said yesterday it may tap liquidity in the Gulf region after signing its first loan deal in the Middle East. The bank, the fourth-biggest lender in Russia by assets, sai


Ocean View, SBK in key Abu Dhabi realty deal

Ocean View Abu Dhabi, a new real estate company, has been set up to market Abu Dhabi’s attractively priced properties, including some amazing waterfront developments, to high net worth individuals from across the globe. Ocean View Abu Dhab

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