Wednesday, 17 April 2024

JOD / AED

Recent News

  • ADNOC's distribution unit could raise as much as $2 billion in IPO

    17:52 | 26/11/17
    Reuters
    ABU DHABI (Reuters) - Abu Dhabi National Oil Co's (ADNOC) unit set an indicative price range for its initial public offering (IPO) that could raise as much as $2 billion to become the biggest listing in the United Arab Emirates (UAE) since 2007. ADNOC ... more»

  • Dubai Awards Contract for Phase 4 of Massive Solar Park

    02:59 | 19/9/17
    POWER magazine
    The country has said total investment in the plan will be about Arab Emirates Dirham (AED) 50 billion, or just more than $13.6 billion. more»

  • Exclusive: Arabtec rolls out plans to sell non-core assets

    01:52 | 11/8/17
    Zawya
    Arabtec Holding reported a profit attributable to its parent company of 39.8 million UAE dirhams ($10.83 million) in the three months to June, compared with a 186.4 million UAE dirham loss in the same period last year, although revenue declined by 6 ... more»

  • Dirhams & Dollars: Emirates and flydubai partnership: What does it mean for you?

    03:22 | 19/7/17
    gulfnews.com
    Woman caught walking naked in Dubai · Super sale: 1,500 Dubai shops to cut prices · Indian teen's body to be flown to Kerala · UAE public holidays announced · UAE marriages that last under 1 year · Announced: Last public holiday in 2017 · Police from 3 ... more»

  • TABLE-UAE bank lending growth slows further, government deposits fall

    20:03 | 18/7/17
    Reuters
    July 18 (Reuters) - Bank lending in the United Arab Emirates during June grew at its slowest annual rate since the data series began in March 2014, while bank deposits fell month-on-month mainly because of a drop in government deposits, central bank ... more»

  • 21 family members in five cars, one of which is a luxurious sedan, arrested ...

    17:26 | 18/7/17
    gulfnews.com
    Manama: Authorities in Saudi Arabia have arrested 21 members of a family who engaged in begging activities throughout Buraydah, the capital of Al Qassim Region in the heart of the Arabian Peninsula. more»

  • Latest gold, forex rates in UAE

    19:40 | 19/9/16
    Emirates 24|7
    Emirates 24|7 brings you the daily Dubai gold rate (22k, 24k, 21k and 18k), as well as currency exchange rates, including the Indian rupee, Pakistani rupee, Philippine peso, Sri Lankan rupee, sterling pound, euro and may more against the UAE dirham (US ... more»

  • UAE's Pacific Controls in bank talks about 1.4 bln dirhams debt

    22:03 | 27/7/16
    Reuters
    "The management of Pacific Controls is confident of a turnaround on account of Pacific Controls' intrinsic technology innovation, investment in infrastructure and sincerity towards the purpose of the group and its operations. more»

  • Abu Dhabi, Gulf banks in $227bn merger talks

    02:03 | 21/6/16
    The Australian
    NBAD shares rose 15 per cent to 9.20 UAE dirhams and FGB gained 11.5 per cent to 13.10 dirhams at the close. The merger would be a rare one in the Gulf region, where the most domestic banks are partly owned by a local government or the ruling family, ... more»

  • NBAD and FGB confirm merger talks

    23:15 | 19/6/16
    CNBC
    Analysts said an NBAD-FGB tie-up could mark the start of a wave of consolidation in the United Arab Emirates banking sector, which is crowded with more than 50 banks and squeezed by lower government spending and tougher global capital rules. more»
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