NBAD made a net profit of Dhs1.42 billion in the first quarter of 2015.
The size of the issue was capped at $500 million and books exceeded $650 million with more accounts to respond.
The company has acquired Abu Dhabi-based Americare Group and Sharjah-based Dr. Sunny Healthcare Group.
One third of companies in the country have increased counter offers to avoid losing key employees, finds Robert Half survey.
Sharjah-based Air Arabia, which bought a 49 per cent stake in Petra Airlines in January, has rebranded the airline as Air Arabia Jordan.
Rated Baa1/A+ by Moody’s and Fitch, ENBD has mandated HSBC, Morgan Stanley, Standard Chartered Bank and itself as bookrunners.
Rents in the emirate, on average, remained flat during the first quarter of the year, the report found.
The new Safi community will feature studios and one, two and three bedroom apartments.
Last June, the company sold $4.3 billion worth of maiden bonds in four tranches.
The firm made a net profit of Dhs487.1 million in the three months to March 31.
The museum, located next to the Union House in Dubai, will showcase the events leading to the formation of the UAE.
Both the DFM and ADX say they are in talks to attract market makers.
The firm is looking for equity interests related to coal, solar, gas, and other alternative sources of energy.
Earlier on Monday, shareholders approved a proposal to buy back a “limited number” of the company’s shares, according to a bourse filing.
Abdulaziz al-Ghurair, CEO of Dubai-based lender Mashreq, is calling for the introduction of wills and trusts that are compliant with Islamic principles.
Major four-star hotel to phase in room upgrades that reflect latest design trends.
The approval was granted at the firm’s annual shareholder meeting, according to a bourse filing.
Emirates NBD, First Gulf Bank, Gulf International Bank, HSBC, Noor Bank and Standard Chartered will provide the loan, three sources told Reuters.
The transaction will increase the company’s total borrowing to $600 million.
Gross volumes totalled 15 million 20-foot equivalent units (TEU) in the opening three months of 2015.
Dubai is ranked 16th spot on the index, with prime office rents remaining flat since H2 2014.
Inpex was one of 11 firms that bid for stakes in the concession covering Abu Dhabi’s 15 principal onshore fields.
Developer Eagle Hills plans to spend $3 billion on building the mega mixed-used Belgrade Waterfront project.
Indian nationals accounted for Dhs3.040 billion of the total.
The firm made a net profit of Dhs67.7 million ($18.4 million) in the three months to March 31.
The Dubai-based firm could raise between $750 million and $1 billion from the bond.
Hilton’s new neighbourhood brand targets districts with strong local flavour
The total value of projects awarded in the GCC climbed to above $40 billion in Q1 2015.
The four-bedroom villa concept includes an array of solar panels that will generate approximately 40,000 KWh per year.
The third-largest lender by assets in the UAE, made a net profit of Dhs1.42 billion for Q1 2015.