The bond will be Mubadala GE Capital’s first since it completed a debut transaction in November worth $500 million.
The move aims to reduce the improper use of drones in the country until adequate regulations are in place.
Fuel-efficient aircraft targets US-India travel growth
The deal will see YahClick provide data services to the SKA project, an international initiative to build the world’s largest radio telescope.
Wyndham’s brand enters the underserved select-service mid-market
The zero-fuel airplane is flying from the UAE capital to Oman in the first leg of its journey.
The carrier currently operates three flights a week between Abu Dhabi and the Iranian capital.
Abu Dhabi-owned Falcon said that it will be open to deals in core markets such as the Gulf, Eastern Europe, Africa and South East Asia.
The Abu Dhabi carrier currently flies the jumbo jet to London, and will soon begin A380 services to Sydney.
The two 1970’s-built trains have a combined capacity of 2.1 to 3 million tonnes per annum.
The facility, at Abu Dhabi’s Khalifa industrial zone, will produce 240,000 tonnes of sour grade steel pipes.
ADNOC said on Wednesday it raised benchmark Murban crude prices to $56.55 per barrel, up $10.15 from the previous month.
The lender has earmarked to price its bond issue at 97.5 basis points over midswaps, a document showed.
The emirate’s 2014/2015 cruise season has 94 confirmed vessel calls, up from 75 in the previous season.
A number of Gulf-based banks have issued, or are planning to issue, Tier 1 bonds or sukuk, including Dubai Islamic Bank and Doha Bank.
The bank’s CEO said that the lender is targeting organic growth in the country and globally.
State-owned Senaat confirmed that it has shelved plans to go public.
The official also said that the company did not have any plans for an IPO.
The emirate has an existing law that prohibits more than four satellite dishes on rooftops or any on balconies, walls or garden fences.
FGB, the third-largest lender in the UAE by assets, reported a 13 per cent rise in Q4 net profit in January.
The blaze gutted the two-storey building, which contained seven shops on the ground floor.
The Middle East is the largest market driver in the industry with billions of dollars spent annually on buying military equipment.
Abu Dhabi Commercial Bank (ADCB) will meet investors in Europe, it said.
The tower is also the tallest building in Abu Dhabi and is named after Dubai’s ruler Sheikh Mohammed bin Rashid Al Maktoum.
The facility is divided into two tranches and will be used to refinance existing debts of NMC and to fund its acquisitions.
Four oil majors — ExxonMobil, Royal Dutch Shell , Total and BP — had each held 9.5 per cent equity stakes in the ADCO concession since the 1970s.
The 38 year-old man developed symptoms on December 29, 2014 and passed away on February 6 this year.
The developer reported a 61 per cent jump in quarterly profit.
The company’s annual profit was Dhs2.24 billion in 2014, almost flat compared to Dhs2.25 billion in 2013.
Dubai was ranked 33rd globally in a newly launched sustainability index, closely followed by Abu Dhabi at 34.