Edition:
India

Saeed Azhar

Saudi wealth fund in talks to raise up to $8 bln bridge loan -sources

14 Apr 2019

DUBAI, April 14 Saudi Arabia's Public Investment Fund (PIF) is in talks with banks to raise a short-term bridge loan for as much as $8 billion to use for new investments, two sources said.

UAE's Finablr considers London float that could raise at least $200 mln

09 Apr 2019

ABU DHABI/DUBAI United Arab Emirates-based payments and foreign exchange company Finablr is considering a stock market flotation in London that could raise at least $200 million (£153 million) to finance expansion and cut debt.

UPDATE 1-UAE's Finablr considers London float that could raise at least $200 mln

09 Apr 2019

ABU DHABI/DUBAI, April 9 United Arab Emirates-based payments and foreign exchange company Finablr is considering a stock market flotation in London that could raise at least $200 million to finance expansion and cut debt.

UAE's Finablr set to launch London IPO on Tuesday: sources

08 Apr 2019

ABU DHABI/DUBAI United Arab Emirates-based payments and foreign exchange company Finablr is set to launch its initial public offering in London on Tuesday in a deal that could raise about $500 million, three sources familiar with the matter said.

Invest Bank shareholder meeting could set scene for another UAE bank merger: sources

08 Apr 2019

DUBAI/ABU DHABI Shareholders of Invest Bank will meet this week to approve a government bailout of the lender in a move that sources said could set the stage for another bank merger in the United Arab Emirates.

Invest Bank shareholder meeting could set scene for another UAE bank merger-sources

08 Apr 2019

DUBAI/ABU DHABI, April 8 Shareholders of Invest Bank will meet this week to approve a government bailout of the lender in a move that sources said could set the stage for another bank merger in the United Arab Emirates.

ADNOC weighs secondary listing overseas for distribution business: sources

05 Apr 2019

DUBAI Abu Dhabi National Oil Company (ADNOC) is considering a secondary listing for its subsidiary ADNOC Distribution overseas, three sources told Reuters.

CORRECTED-UPDATE 1-ADNOC weighs secondary listing overseas for distribution business -sources

05 Apr 2019

DUBAI, April 4 Abu Dhabi National Oil Company (ADNOC) is considering a secondary listing for its subsidiary ADNOC Distribution overseas, three sources told Reuters.

ADNOC weighs secondary listing overseas for distribution business -sources

04 Apr 2019

DUBAI, April 4 Abu Dhabi National Oil Company (ADNOC) is considering a secondary listing for its subsidiary ADNOC Distribution overseas, three sources told Reuters.

Dubai economic growth at its slowest since 2009 debt crisis

27 Mar 2019

DUBAI Dubai's economy grew 1.94 percent in 2018, the government said on Wednesday, hitting its slowest pace since a contraction in 2009 when the economy was hobbled by a debt crisis.

World News

In divided America, Mueller report hardens the most strident

After months as volunteer activists demanding that President Donald Trump be impeached, Eileen and Michael O'Brien sat on their couch on Thursday, cracked open a laptop and began to read the 448-page special counsel report that liberals have dreamed would make impeachment a reality.