The port operator is working with advisers to gauge interest in the sprawling industrial park
The nation last tapped the international debt market in January
Japan is ranked tenth globally among the list of countries investing in the UAE
Deliberations are in the early stages and there’s no certainty ADQ will proceed with any transaction
The company is also conducting a strategic review of its upstream business
The company reshuffled its senior management last year and created a division focused on portfolio optimisation
Amendments to the UAE’s citizenship law heralds the making of a diverse, talent-based society
The ‘Thrive in Abu Dhabi’ initiative invites foreigners and their families to settle down in the capital emirate
Some of the changes will aid women in particular
The network of new locations will offer unprecedented access to the emirate’s offerings
The discussions are occurring in parallel with the sale of a stake in a pipeline unit
No final decision on the timing has been made
Users can own a piece of real estate for as little as Dhs2,000
The considerable levels of dry powder available across the Middle East is expected to target diversification opportunities and long-term higher returns
The sultanate raised $500m in a tap of its bonds due in 2027 and 2032
The yield on Aramco’s $3bn of bonds due in 2029 has dropped to 2.09 per cent from 3.04 per cent at the start of the year
ADNOC will divest 20 per cent in ADNOC Gas Pipelines HoldCo LLC
Bank ABC, Citigroup, Dubai Islamic Bank, Emirates NBD Capital, and HSBC, among others acted as joint lead managers and bookrunners for the transaction
Besides signing a bridge loan for OMR770m and issuing OMR550m in development bonds this year, Oman has also been tapping its reserves and privatising some assets
The 50-year tranche is the longest term for a bond issued by a GCC sovereign issuer
The transaction will result in upfront proceeds of $2.7bn to ADNOC and is expected to close before end of 2020, subject to closing conditions and regulatory approvals
ADNOC is discussing moving its 51 per cent holding in the pipelines into a special-purpose vehicle
Despite the Covid-19 crisis, here’s why this is a good time to start a business in the UAE, opines Mana Al Suwaidi, executive chairman, Startegi Advisors
The housing market in Dubai remains a top choice among investors even at times of crisis
Global temperatures have risen 1.1 degrees Celsius since pre-industrial times and at current levels of greenhouse gas emissions, are set to rise by 3 degrees Celsius by the end of the century