Friday 27 March 2015
 
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Mubadala GE plans benchmark-size bond as soon as April

Mubadala GE Capital is considering a return to the bond market as early as April as it seeks cash to fuel its lending business, sources aware of the matter said on Thursday, joining a growing number of Gulf-based borrowers looking at new fundrai

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Equities 'set to deliver highest gains this year'

Equities are expected to have the highest total return this year in global and local markets, according to the CFA Institute's Middle East Market Sentiment Survey. Debt and Sharia-compliant issuances as well as mergers and acq

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Diplomats recalled from Qatar ‘could return’: minister

Diplomats from Bahrain, Saudi Arabia and the UAE who were recalled from Qatar in March could return 'at any time', according to Bahrain’s Foreign Minister Shaikh Khalid bin Ahmed Al Khalifa. The three countries with

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Return on buildings in Saudi to rise sharply

The return on buildings as a proportion of GDP in Saudi Arabia is one of the lowest among major economies but should rise sharply in the years to 2022, according to an expert. Speaking at the recently concluded annual MEED Saudi M

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Indian worker stranded in Bahrain to fly home

An Indian worker who has not seen his family for 25 years is due to return home tomorrow (July 12).   Parasuram Hublikar came to Bahrain in 1976 to work as a garage mechanic, but was slapped with a travel ban in

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Bahrain Labour Ministry warns striking workers

Striking workers at a Riffa garment factory now face deportation if they do not return to work today (June 16) following an ultimatum issued by the Labour Ministry yesterday.   An estimated 2,000 workers at MRS F

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Kidnap victim returns to Bahrain

Dozens of relatives and friends gathered at Bahrain International Airport yesterday to welcome home Ali Ahmed Al Nashaba, the 20-year-old student who was kidnapped and held hostage in Malaysia for 18 days. He was showered with swe

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KFIC equity fund posts 20pc return

Kuwait Finance and Investment Company (KFIC) said its Al-Bashaer GCC equity fund has attained an annual return of 20.02 per cent. The company’s Al-Wasm fund marked an annual return of 7.91 per cent, said a statement.

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Titanic cruise ship forced to turn back briefly

A cruise ship retracing the Titanic's fateful voyage 100 years ago was forced to turn back towards Ireland on Tuesday after a passenger developed heart problems.      The Balmoral is carrying 1,309 passengers, abo

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Musharraf to return to Pakistan, lead party in polls

Exiled former president Pervez Musharraf said on Sunday he would return to Pakistan later this month to lead his recently-formed party in campaigning for a parliamentary election, despite the possibility of his arrest and concern over his security

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