Mubadala GE Capital Considers Bond Issue

The company is casting its eye over potential arrangers of the bond, though no banks have been mandated yet for the trade, sources say.

UAE Announces Eid Al Adha Holidays For Private, Public Sectors

Public sector workers will be off from Oct 3-6, while private sector employees will receive holidays from Oct 3-5.

Apple Releases iOS 8 Workaround To Fix Dropped Cell Service

Apple said it would release iOS 8.0.2 in the next few days to fix the issue and offered step-by-step instructions to reinstall iOS 8 using iTunes.

Majid Al Futtaim To Partner With British Firm AllSaints For Regional Stores

MAF-Fashion will begin the roll out of the AllSaints stores across the GCC in 2015, a statement said.

Emirates NBD Says 50% Of Emaar Malls IPO Subscribers Opt For Digital Channels

The bank said 2,900 applications for shares in the Emaar Malls IPO came via its ATM and newly launched eIPO platform.

Saudi Arabia Sent $3bn Worth Of Fuel To Egypt Since April

The total value of oil aid to Egypt from Saudi Arabia since July 2013 through September of this year amounted to $5 billion.

RTA To Launch 35 New Mega Projects In Dubai

Dubai’s public transport agency will work on projects such as extension of the Dubai Metro’s red line, a major upgrade of roads leading to the expo site and a wider bus network.

UBS Shifts Dubai Representative Office To Abu Dhabi, Retains DIFC advisory

The move was part of the Swiss bank’s plan to “optimise its local operations” in the UAE, it said.

Dubai’s Marka Jumps 59% In First DFM Flotation Since 2009

The firm raised $75 million, 55 per cent of its capital, in April via an offer that was 36 times subscribed.

US, Saudi Arabia, UAE Strike Modular Oil Refineries In Syria

One U.S. official told Reuters that such refineries could produce about $2 million a day in oil revenue.

Qatar 2022 World Cup: Investigator Garcia Calls For FIFA To Make Report Public

Michael Garcia submitted his 350-page report to German judge Hans-Joachim Eckert earlier this month.

Nakheel Opens New Community Mall In Discovery Gardens

Discovery Gardens Pavilion has nearly 30 shops, a medical centre, a nursery, restaurants and cafes along with a Geant Easy supermarket.

Pictures: BlackBerry Launches New Smartphone ‘Passport’ In Dubai

The square-shaped smartphone targets business professionals and will retail for Dhs2,699 in the UAE.

Apple iPhone Rollout Marred By Bending Phones, Dropped Cell Service

Apple iPhone 6 Plus buyers discovered their phones can bend when placed in back pockets.

Kuwait To Ship First Crude To Egypt In October Under Long Term Deal

The deal for two million barrels a month of Kuwaiti crude was signed with the Arab Petroleum Pipeline Co.

Etihad Rail Signs MoU With Logistics Firm Agility

The agreement will enable Agility to use Etihad Rail’s service for distribution in the UAE and the GCC while improving the country’s logistics sector.

Dubai’s DMCC Awards Tender For Upcoming Burj 2020 District

Turner won the project management tender for the district, which will house the world’s tallest commercial tower, Burj 2020.

Saudi GDP Growth Falls To 3.8% In Q2 As Oil Sector Slows

On a quarter-on-quarter basis, GDP dropped 3.1 per cent in the second quarter, the biggest fall since the quarterly data series began in 2010.

Drake and Scull Unit Wins Dhs189m Contract In Saudi Arabia

As per the contract, Drake and Scull will undertake the mechanical, electrical and plumbing works for Al Dara Hospital in Riyadh.

Dubai’s Skyscrapers Rank Among World’s Top 20 Most Expensive

The average prime capital value for a skyscraper in Dubai stands at $620 per sq ft, according to a new index.

Saudi Sipchem Starts Plastics Plant With South Korea’s Hanwha Chemical

The plant, with an annual production capacity of 1,000 tonnes of plastic moulds, cost around $29.3 million to build.

Saudi Emaar Economic City Signs SAR2bn Loan With SABB

The company will use the loan to build residential and infrastructure projects in King Abdullah Economic City

Dubai’s Gulf Extrusions To Double Output

The firm, part of the Al Ghurair Group and one of the largest aluminium product makers in the Gulf, will lift annual output to 100,000 tonnes in the next three to four years.

Etihad Inks $14m Deal For Crew Training Equipment

As per the deal, Spatial Composite Solutions will provide Etihad with 14 cabin crew-training devices and will also refurbish the existing training equipment.

Stock News: Dubai Pulls Back, Qatar Starts To Recover

Wednesday is the last day when retail investors, who dominate Dubai’s market, can subscribe for shares in Emaar’s malls unit.

Masdar Buys 35% Stake In British Offshore Wind Farm Project

Masdar bought the stake in a $2.5 billion 402 MW offshore wind project from Norway’s Statoil.

Dubai’s Emaar Malls Listing Likely To Price At Top Of Range

The Dhs2.90 a share price would give the unit a value of Dhs37.7 billion, one of the sources said.

BlackBerry Set To Launch New Smartphone, Passport

The Passport boasts a big square screen and a unique touch-sensitive tactile keyboard.

HSBC Middle East Raises $400m Through Five-Year Bond Sale

The issue, arranged solely by HSBC, priced at a coupon of 2.75 per cent, with a reoffer price of 99.824.

Stock News: Saudi Bourse May Remain Under Pressure Ahead Of Eid Break

The main Saudi index fell 1.2 per cent on Monday, its biggest decline in three months.