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Friday, March 19, 2010
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NBAD prices $750m, 5-year bond
Dubai  
 
  National Bank of Abu Dhabi (NBAD), the largest lender in the UAE by market value, priced its $750 million, five-year benchmark bond at 178 basis points (bps) over mid swaps, two banking sources told Reuters on Thursday.  
   

  StanChart CEO sees 'fair' Dubai outcome
Dubai : 
  Standard Chartered, among major creditors of Dubai World, expects debt restructuring talks with the state-owned firm to lead to a "fair and pragmatic" result, its chief executive said on Thursday.     
   
  Egypt remittances drop 6pc
Cairo : 
  The amount of money sent home by Egyptians living abroad dropped 6.17 percent in the first half of fiscal year 2009/2010 from the previous year to $4.362 billion, the central bank said.     
   

 
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