Wednesday 10 February 2016
 
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India's Sahara Group to sell London hotel to Qatar

Indian diversified group Sahara will soon close an agreement to sell the Grosvenor House hotel in London to Qatar, it told a court in India on Tuesday, said a report. The group is also negotiating a deal with a lender for refinancing th

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Oil prices, markets climb after turbulent few days

Oil prices and global equity markets rebounded on Thursday, following a turbulent few days that wiped trillions of dollars off asset values, though it was unclear whether the vigorous selling action had come to an end.  

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Finance House posts $17.6m net profit

Finance House has registered a net-profit of Dh64.7 million ($17.6 million) for the nine months ended September 30, compared to Dh73.3 million for the full year ended December 31, 2014.   On the back of steady gr

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NBAD wins 'Best Sukuk House of the Year'

The National Bank of Abu Dhabi (NBAD) has been named 'Best Sukuk House of the Year' at the Global Islamic Finance Awards 2015 ceremony held in Bahrain recently.   The Global Islamic Finance Awards (GIFA)

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ISAS hosts open house for parent-teacher collaboration

The International School of Arts and Science (ISAS), managed by Academia Management Solutions International (AMSI), hosted an open house to facilitate deeper interaction with parents and welcome the new academic year.  

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Saudi Aramco to build over 8,000 homes

Saudi Aramco plans to build 8,521 homes for its employees, as well as schools and community facilities, on 10 sq km of land in Dhahran, Saudi Arabia, the state-owned oil company said on Wednesday in its weekly magazine The Arabian Sun.

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Bahrain builds 200 houses in aid for Haiyan survivors

Bahrain is building more than 200 houses in a remote area of the Philippines for families whose lives were torn apart by a deadly typhoon almost two years ago. The Bahrain Red Crescent Society (BRCS) is spearheading the $2 million

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Homes priority for disabled urged in Bahrain

Campaigners  are calling on authorities to fast-track applications for social housing for Bahrainis with special needs. There are around 60,000 people on the Housing Ministry’s list with many families having to wait up

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Aster DM to help rebuild 500 houses in Nepal

Aster DM Foundation, the charitable arm of Aster DM healthcare, has donated Dh1.4 million ($381,077) to the Nepal Prime Minister’s relief fund to rebuild 500 houses in earthquake-stricken villages. It includes 23 homes of As

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Bank of America Merrill Lynch wins top M&A award

Bank of America Merrill Lynch has been recognised as the ‘Best M&A House in the UAE’ at the 2015 Euromoney Middle East Awards for Excellence recently. The bank has worked on some of the UAE and wider GCC region&rsq

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