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BUSINESS

BUSINESS latest

Emirates NBD successfully executes USD 250 Million Syndicated Term Loan facility for DAR Global, Accelerating Global Growth and Expansion
April 16th, 2026 - 10:08 GMT

Emirates NBD successfully executes USD 250 Million Syndicated Term Loan facility for DAR Global, Accelerating Global Growth and Expansion

Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, has announced the successful execution of a USD 250 million syndicated term loan facility (“Project Radium II”) for Dar Global plc, the London-listed luxury international real estate developer. Dar Global plc, which is majority owned by Dar Al Arkan Real Estate Development Company, secured this USD 250 million financing as part of its continued growth and expansion across key global markets. Emirates NBD Capital acted as the Joint Mandated Lead Arranger, Bookrunner and Sole ...
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Dutch Minister for Foreign Trade and Development Cooperation Sigrid Kaag and her delegation meet with officials in Amman on Sunday. (Jordan Times)
June 25th, 2018 - 10:05 GMT

Netherlands Approves €400 Million in Aid for Syrian Refugee Host Countries

The domestic equity markets opening lower also put pressure on the rupee. (Pixabay)
June 25th, 2018 - 09:58 GMT

Rupee Weakens Against Dollar, Reaches 18.47 vs Dirham

The emirate is a highly cost-efficient place for startups to set up operations. (AFP)
June 25th, 2018 - 09:53 GMT

Sharjah: The SMEs’ Haven

Across the UAE, inflation rose following the introduction of a five per cent VAT in January 2018. (Shutterstock)
June 25th, 2018 - 09:42 GMT

Abu Dhabi Inflation up 3.7% Driven by Transport Costs

The Saudi exchange is still riding the wave of MSCI's announcement that it would add the stock market to its emerging markets benchmark. (AFP)
June 25th, 2018 - 09:28 GMT

Saudi Insurance Stocks Surge as Driving Ban Ends

Etihad said pilots who join Emirates on a two-year secondment would be placed on a leave of absence. (File/Photo)
June 25th, 2018 - 09:11 GMT

Etihad Pilots Can Work Temporarily for Emirates

Jubin Joseph, who also claims to have fallen for the holiday scheme, alleged he was charged Dh17,000 instead of the Dh7,000. (Pixabay)
June 25th, 2018 - 08:48 GMT

UAE Residents Tricked Into Paying up to Dh40,000 for Holiday Packages

Over 2,400 Labour Law violations were recorded by the ministry after the inspections, and a total of 279 closure warnings were issued to the organisations in conflict with the provisions of the Labour Law. (Jordan Times)
June 25th, 2018 - 08:21 GMT

Right Activists: Labour Ministry Campaign Overlooks Employers’ Violations, Working Conditions in Jordan

The central pharmacy supplying HMC’s three new hospitals in Hamad Bin Khalifa Medical City is one of the most technologically-advanced hospital pharmacies in the Middle East.
June 25th, 2018 - 08:12 GMT

HMC: New Medical City Hospitals Home to One of the Region’s Most Technologically-Advanced Pharmacies

The official said that the campaigns resulted in arresting 6,228 illegal guest workers. (Pixabay)
June 25th, 2018 - 08:11 GMT

6,228 Illegal Workers Arrested in Jordan Since January

Brent Melvin, Almajdouie and Alaa Hewedi, Infor
June 25th, 2018 - 08:01 GMT

Saudi Arabia’s Almajdouie Logistics Company Eyes Further Expansion With Infor

Earlier this month, Saudi Arabia, Kuwait and the UAE pledged $2.5 billion to help revive Jordan’s economy at the summit in Mecca gathered by Saudi King Salman Bin Abdulaziz. (Twitter)
June 25th, 2018 - 07:54 GMT

Saudi and Jordanian Business Leaders Discuss Opportunities After Mecca Summit

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