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BBK eyes bond issue to refinance $500m debtBank 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 More… |
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Aldar retires $1.25bn bond, reduces debt costAldar Properties, an Abu Dhabi-based property development, investment and management company, has repaid a $1.25 billion bond that matured at the end of May. The bond carried an annual interest cost of 10.75 pe More… |
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Cloud computing 'set to mature rapidly'The next three years will see ‘cloud computing’ mature rapidly as vendors and enterprises come to grips with the opportunities and challenges that it represents, said experts ahead of a key summit on the new technology. The ‘Second Cloud C More… |
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Abu Dhabi 'tourism industry maturing'Abu Dhabi’s young tourism industry is maturing into an international destination of distinction and has a firm base on which to progress, said a top official of Abu Dhabi Tourism Authority (ADTA). Sheikh Sultan Bin Tahnoon Al Nah More… |
