Qatar and UAE in process of restoring diplomatic ties, official says

Qatar and the United Arab Emirates (UAE) are in the process of restoring diplomatic ties and reopening embassies, two officials said, more than two years after Arab states ended […]
UAE property developer DAMAC to sell 3-year Islamic bond Tuesday

Dubai-based real estate developer DAMAC plans to sell a benchmark-sized three-year Islamic bond, or sukuk, on Tuesday, a bank document showed, following a series of investor calls and meetings […]
Etihad Cargo, China’s SF Airlines connect their mega hubs

Etihad Cargo, the cargo and logistics arm of Etihad Airways, has reinforced its commitment to the Chinese market with the signing of a Memorandum of Understanding (MoU) with China’s […]
Former Union Properties chairman, others to pay company $168.8mln

Union Properties PJSC has reached an AED 620 million ($168.8 million) settlement with its former chairman and other board members following a troubled period for the Dubai-listed developer. Bourse filings […]
Abu Dhabi TAQA places $1.5bln in dual tranche notes

Abu Dhabi National Energy Co. (TAQA) has placed an aggregate of $1.5 billion in 5-year and 10-year dual-tranche senior unsecured notes. The $1billion 10-year notes which will mature on 24 […]