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BUSINESS

BUSINESS latest

ADIB and Emirates NBD in deal to refinance Pullman London £121-million, 5‑year, 50/50 club financing facility for Union Property closedAbu Dhabi Islamic Bank (ADIB), in collaboration with Emirates NBD, has closed a £121-million, five‑year club financing facility for Union Property to refinance the Pullman London St Pancras. This 50/50 club deal marks the second deal between the two financial institutions, strengthening their presence in the UK real estate market.  The Pullman London St Pancras is a highly r
May 4th, 2026 - 08:34 GMT

ADIB and Emirates NBD in deal to refinance Pullman London £121-million, 5‑year, 50/50 club financing facility for Union Property closed

Abu Dhabi Islamic Bank (ADIB), in collaboration with Emirates NBD, has closed a £121-million, five‑year club financing facility for Union Property to refinance the Pullman London St Pancras. This 50/50 club deal marks the second deal between the two financial institutions, strengthening their presence in the UK real estate market. The Pullman London St Pancras is a highly regarded four‑star accommodation operated under the Pullman brand by Accor, one of the world’s leading hospitality groups. The property has 312 rooms and benefits from a long‑standing operating and leasing arrangement with ...
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After economic woes led to the suicide of Mohammed Bouazizi, sparking the Arab Spring, authorities are keen to solution to chronic youth unemployment.
September 27th, 2012 - 01:13 GMT

AfDB initiative to help unemployed Tunisians taking shape

Tourism  trade from the Gulf region has dropped significantly, with industry bosses fearing the worst
September 27th, 2012 - 12:24 GMT

Lebanon's tourism trade struggles with Gulf boycott

Al Bawaba
September 27th, 2012 - 10:50 GMT

Canon unveils the PowerShot SX500 IS and the PowerShot SX160 IS

Proposed EU sanctions would hit Iran's banking sector
September 27th, 2012 - 10:28 GMT

More Sanctions for Iran? Europe ramps up pressure on Islamic Republic

The banking sector in Dubai is taking a hit as European and US bank cut staff
September 27th, 2012 - 10:06 GMT

Is Dubai kissing goodbye to banking?

Sheikha Lubna Al Qasimi warns of a collapse in international commerce as the global economic slowdown begins to bite
September 27th, 2012 - 10:04 GMT

UAE ministers warns of global trade relations as global slowdown continues

Despite continuing protests in the Kingdom, Bahrain is attempting economic reform
September 27th, 2012 - 09:51 GMT

Despite protests, Bahrain attempts to spur on economic development

Lebanese farmers don't think the plan to encourage sugar beet farming will work
September 27th, 2012 - 09:41 GMT

Lebanon's cannabis farmers laugh-off plan

Al Bawaba
September 27th, 2012 - 09:16 GMT

NBAD partners with American University of Sharjah

During the ceremony
September 27th, 2012 - 09:03 GMT

Dubai Chamber honours nine organisations for their CSR strategy

Al Bawaba
September 27th, 2012 - 08:57 GMT

Masafi wins top industry honour at Asian Leadership Awards ‘12

The Central Bank of Egypt has confirmed that the 1EGP note is to remain legal tender
September 27th, 2012 - 08:53 GMT

One pound notes to remain legal tender in Egypt

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