Monday 22 September 2014

Julphar, FT plan major biotech forum in Dubai

Julphar (Gulf Pharmaceutical Industries), a leading pharmaceutical company based in the UAE, will hold a strategic biotechnology forum in conjunction with the Financial Times next month. The one-day forum will be hedl on December


Saudi set to open stock market to foreigners: FT

Saudi Arabia is expected to allow foreign investors to invest directly in its $340 billion stock market for the first time later this year, the Financial Times reported. The newspaper said the Middle East's biggest economy and the worl


Dubai sought 'loans from banks for bond mandates'

Dubai asked lenders pitching to manage the emirate's recent sovereign bond issue to offer the government a $500 million loan over three years, the Financial Times reported on Monday, citing bankers. Dubai issued a $1.25 billion bond wi


Dubai may repay Nakheel's bonds: FT

Dubai's government may repay outstanding 2010 and 2011 Islamic bonds issued by Nakheel and consider providing further funds to its flagship company, Dubai World, the Financial Times said on Thursday. The emirate rocked markets on November

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