Abu Dhabi Islamic Bank started marketing the notes on Wednesday DUBAI - Abu Dhabi Islamic Bank said on Saturday it has raised S$750 million of additional Tier 1 through a perpetual sukuk that complies with the Basel III regulatory framework issued by the Central Bank of the United...

As workplace reforms sweep across the UAE, and people stay in their roles for longer, is the end-of-service benefit policy now due for an overhaul? “It’s past its sell-by date.” ... “It’s an iceberg.” ... “Few question how it will be funded.” You don’t have to ask too many...

The Abu Dhabi-based alternative investment firm is among more than a dozen bidders seeking to buy the bulk of Abraaj's private equity funds ABU DHABI - Abu Dhabi Financial Group (ADFG) has submitted a revised bid to acquire the management rights for the Middle East funds of stricken...

Managing director Bryan Stirewalt will step up to replace Ian Johnston, who is retiring Dubai Financial Services Authority (DFSA) is to appoint Bryan Stirewalt as its new chief executive. Stirewalt, who has worked for DFSA for 10 years, including the last eight as managing...

Emirates service between Dubai and London has been named as the world's sixth busiest in 2017, with more than 3 million passengers carried The Emirates service between Dubai and London has been named as the world's sixth busiest in 2017, with more than 3 million passengers carried....

Dubai has become the most well-connected transport hub in the Gulf region: Forbes UAE - The Middle East and GCC countries, namely the fast-growing cities, have been in an endless competition to be crowned the region’s commercial capital, Forbes said. The likes of Beirut and...

Company to deliver Marbella Villas and Angel Bay by the first half of 2021 RAK Properties has announced that it plans to build two new projects at its Mina Al Arab master development in Ras Al Khaimah. The company is set to build a 205-villa and townhouse community known as...

Developer Alef says Al Mamsha project in Sharjah is being fast-tracked to complete it in record time Alef Group, a Sharjah-based real estate developer, has confirmed that its AED3 billion ($810 million) Al Mamsha project is being fast-tracked to complete it in record time. The...

English champions Manchester City registers record revenues in a record-breaking 2017/18 campaign on the pitch English champions Manchester City posted record revenues of £500.5 million ($652 million) in a record-breaking 2017/18 campaign on the pitch as Pep Guardiola's men romped to...

UAE nationals can travel visa-free to 157 countries world wide The UAE passport has moved up the ranks again among the most powerful in the world. Dr Anwar Gargash, the UAE's Minister of State for Foreign Affairs, had tweeted early Thursday morning, "Good morning to all my...