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NBAD prices $750m, 5-year bond |
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 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.
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Sharjah Chamber kicks off retails drive |
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 The Sharjah Chamber of Commerce and Industry (SCCI) has launched its “Shopping Weeks” initiative, designed to boost the emirate’s retail sector and to support associate members through campaigns for each trade segment.
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GCC market 'to play key role in global economy' |
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 The trillion-dollar GCC market will be a springboard to help the countries of the region develop as major players in the global economy, Economic Development Board (EDB) chief executive Shaikh Mohammed bin Essa Al Khalifa has said.
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Arabia CSR Network, Hawkamah sign deal |
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 The Arabia CSR Network and Hawkamah Institute for Corporate Governance today signed a MoU aimed at enhancing corporate governance and sustainable business practices in the UAE and the GCC region.
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Qatar Traffic, IBQ launch road safety drive |
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 Qatar Traffic and Patrols and the International Bank of Qatar (IBQ) have launched the second phase of the Schools without Accidents campaign with a series of new Traffic Week activities aimed at promoting road safety awareness.
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Suez Canal revenue falls 16.7pc |
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 Revenue from Egypt's Suez Canal declined 16.7 percent to $2.262 billion in the period from July to December 2009, the central bank said on its website on Thursday.
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Dubai culinary event hosts Caprice restaurant |
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 A popular culinary event, which hosts 20 of Dubai’s top restaurants, including some of the newest to open in the city, is featuring Rivington Grill, the first restaurant of UK-based Caprice Holdings to open in Dubai.
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Abu Dhabi forum to bolster SMEs |
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 UAE’s burgeoning small and medium enterprises could get a boost at an upcoming event in Abu Dhabi that will provide a platform to help develop young entrepreneurs as well as drive innovation in new and established businesses.
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Egypt's top listed builder and fertiliser-maker Orascom Construction Industries (OCI) on Thursday said fourth quarter net profit jumped 42 percent on a year ago to $105.8 million.
Popular music legend Sir Tom Jones will perform at the Abu Dhabi National Exhibition Centre (Adnec) on April 16, said Abu Dhabi-based Flash Entertainment, a leading live events company.
Opec is likely to continue to leave its oil output quotas unchanged till its next meeting in October, Kuwaiti Oil Minister Sheikh Ahmad al-Abdullah al-Sabah told Reuters on Thursday.
Dubai Investments Park (DIP), a wholly owned subsidiary of Dubai Investments, has announced the launch of the eighth and the final phase of the 2,400 hectare mixed used development.
Roche Holding's experimental drugs to treat melanoma and raise 'good' HDL cholesterol could transform treatment of cancer and heart disease, its chief executive said.
Dallas-based Wilson Associates, one of the world's leading hospitality interior design firms, has been chosen to design 19 hotels coming up simultaneously in Makkah.
Emirates Telecommunications (Etisalat) has applied to bid for 3G radio spectrum in India, an official at the Abu Dhabi-based company said on Thursday.
Jones Lang LaSalle, a property investment and advisory firm, plans to double its staff in Saudi Arabia within a year as it expands its Middle East business, an executive said.
Emerging stock markets will easily outpace gains seen this year for rich world counterparts, where there are signs of waning enthusiasm after 2009's historic rally, Reuters polls have showed.
Yemen plans to free Shi'ite rebel prisoners within days under a truce to end a long-running war that drew in neighbouring oil exporter Saudi Arabia last year, a government official said on Thursday.
Bahrain will start initial testing of its 1,240 megawatts Al Dur power and water plant in April, an official said in published remarks on Thursday.
Bahrain has launched a new corporate governance code which is designed to strengthen the kingdom's position as a business and financial centre.
Experts will present the latest technologies, equipment and ecological methods aimed at increasing local food production at an upcoming major agribusiness show in Dubai.
