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Robust demand helps Gulf banks secure low yieldsDeals from two major banks this week have reopened the Gulf debt market after an extended summer lull, and highlighted the lower yields that investors in the region are settling for as liquidity continues to far outstrip supply. Q More… |
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Gulf markets seen shaky after Iran oil banGulf markets are expected to be shaky after European Union agreed to ban Iran oil and new threats from the producer to block the Strait of Hormuz. Some Iranians also warned they might strike US targets worldw More… |
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UAE students present first underwater fashion showA leading online private shopping club, Sukar.com teamed up with the American University in the Emirates to host the region’s first underwater fashion show by Emirati students recently. A unique concept that showcased ocean-inspired creati More… |
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Emirates Post launches new PO Box optionsEmirates Post Group has announced the launch of new improved PO Box services for individuals, starting January 1, 2012. The highlight of the new PO Box bundles is a personal PO Box service for residents of villas in selected areas of Duba More… |
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Dubai core business in 'excellent shape'Key sectors of Dubai's economy grew in the first half of the year and are in excellent shape, top officials said on Tuesday. One of the seven United Arab Emirates, the trade and business hub is recovering from last year's $25 billion debt More… |
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Qatar Shipping eyes ship, firm acquisitionsQatar Shipping Co (Qship), which is merging with Qatar Navigation, plans to take advantage of falling prices in the maritime sector to buy ships and companies over the next 18 months. Chief executive K K Kothari also told Reuters on Wednes More… |
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Dubai to delay, scale down $10bn airport projectDubai may delay completion of the world’s largest airport to beyond 2015 and build one runway fewer than planned, and the 2010 target date for its first flights could also be put back, the operator of the project said. As the global econom More… |
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National bonds log 35pc investment surgeUAE’s Shari’a compliant National Bonds has registered a 35 per cent increase in non-resident bondholders in 2008, sources said. Non-resident bondholders are from various continents, the top five nationalities among the bondholders are Oman More… |
