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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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Alba Cheif Executive Officer, Tim Murray
January 11th, 2018 - 05:57 GMT

Alba Posts Record Sales, Production Volumes in 2017

DP World marked this week its 10-year public listing on Nasdaq Dubai. Mabrook!
January 11th, 2018 - 05:53 GMT

DP World Marks 10-Year Listing Anniversary on Nasdaq Dubai


Located against the backdrop of Ain Dubai, soon-to-be the world’s tallest and largest observation wheel at over 210 m, the elegant development will boast stunning vistas of the Arabian Gulf and Dubai skyline.
January 11th, 2018 - 05:52 GMT

Meraas Unveils Bluewaters Model Apartments

A key part of Expo’s stand will be a detailed model of its iconic Sustainability Pavilion that was unveiled at the ADSW last year.
January 11th, 2018 - 05:45 GMT

Expo 2020 to Showcase Sustainability Plans at ADSW 2018 in Abu Dhabi

The car division’s growth last year was driven in particular by the new E-Class Sedan and Estate and the SUVs.
January 11th, 2018 - 05:29 GMT

Mercedes-Benz in 2017: Number 1 in the Premium Segment

In the Arab region, the concept of CVC is still at a nascent stage, however, the wave of high-growth technology startups represents an untapped avenue for investors. (Shutterstock)
January 10th, 2018 - 06:00 GMT

Opinion: Forget About Traditional VC Funding, CVC Is What MENA Needs

After a strong performance last year, it's unclear whether the global sukuk market can stage a repeat performance in 2018, according to a report by S&P Market Intelligence. (Shutterstock)
January 10th, 2018 - 02:00 GMT

Report: Can Global Sukuk Market Stage a Repeat Performance in 2018?

Saudi Aramco has invited banks pitching for roles in the Aramco IPO, including Citi and Goldman Sachs, for meetings in the kingdom in the coming weeks. (AFP/ File)
January 10th, 2018 - 01:26 GMT

Bankers Invited to Saudi Arabia to Pitch for Aramco Listing Roles

Alizz Islamic Bank
January 10th, 2018 - 01:07 GMT

Alizz Islamic Bank Offers Finance Option to Salaried Individuals

The UAE's economy is geared to grow at an accelerated pace in 2018. (Pixabay)
January 10th, 2018 - 12:55 GMT

UAE’s Economy to Grow 3.6 Percent in 2018, up From 1.7 Percent Last Year

New research from YouGov shows just how rapidly media trends are shifting in Saudi Arabia and the UAE.
January 10th, 2018 - 12:38 GMT

Rise of Streaming Services Sees Radio and CDs Suffer: Survey

'Let’s Go to Jeddah' will combine shopping, entertainment and tourism and aims to attract visitors from the Kingdom and abroad. (Arab News)
January 10th, 2018 - 12:11 GMT

‘Let’s Go to Jeddah’ Festival Begins Today

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