NMC Health launches US$450 million bond offering

DUBAI 24 April 2018: NMC Health plc, leading UAE private healthcare operator, has announced the launch of an offering of senior, unsecured, guaranteed convertible bonds due 2025 with a principal amount of US$450 million, convertible […]

New Dubai Mortgage & Finance Law coming: DLD

DUBAI 23 April 2018: Dubai Land Department (DLD) has announced a number of new initiatives that include a new Mortgage & Finance Law – to stimulate investment and streamline financial mechanisms in the real estate […]

Dubai’s GDP reached Dh389 billion in 2017

Dubai 23 April 2018: Dubai Statistics Center (DSC) has revealed that Dubai’s real gross domestic product (GDP) reached Dh389 billion in 2017 compared to Dh379 billion in 2016. According to DSC, the growth was fueled […]

Adnoc gets licence to operate pumps in Saudi

ABU DHABI 23 April 2018: In a significant milestone for Adnoc Distribution’s international growth plans, the Saudi Ministry of Municipal and Rural Affairs (Momra), has awarded the company a license to own, operate and manage […]

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