Posts Tagged ‘for’
Moody’s Investors Service today placed the A1 long term ratings for Qatar Telecom Q.S.C.(“Qtel”), the A1 rating for Qtel International Finance Limited and A1-rated bonds issued under Qtel’s GMTN programme under review for possible downgrade. This follows
Qtel Telecom (“Qtel”) announces that it has been informed by Moody’s Investor Service (“Moody’s”) of its decision to place its existing A1 rating for Qatar International Finance Limited and A1-rated bonds issued under Qtel’s GMTN programme under review.
News Corp chief Rupert Murdoch hinted on Tuesday that the Gulf emirate of Abu Dhabi could become headquarters of his global media empire in the Middle East.
Addressing some 400 delegates at the opening of the Abu Dhabi Media Summit, Murdoch sai
Emirates NBD PJSC, the United Arab Emirates’ biggest bank by assets, will work on raising customer deposits by 10 per cent this year without sparking competition on higher interest rates, its chief financial officer said.
“We have chosen to kee
Hong Kong shares edged up 0.05 percent for a third straight session of gains, led by China Life (2628) after the world’s biggest life insurer by market value revised its profit forecast upward.
China Life closed at a six-seek high of HK$36.25
The UAE Government should come out with schemes to encourage mergers in the banking system, Union of Arab Banks (UAB) Chairman Adnan Ahmed Yousif said yesterday.
The UAE has more than 50 banks but only one merger, between Emirates Bank Internat
Abu Dhabi Islamic Bank (Adib) will provide Dh300 million Islamic finance facility to Al Dhafra Co-operative Society to fund working capital and capital expenditures.
The pact was signed by Tirad Mahmoud, CEO of Adib, and Mohammed Khalifa Al Ham
Manazel Real Estate, a developer, yesterday announced an agreement with the UAE Red Crescent Society for subsidising the construction of three mosques in Manazel’s Al Reef Villa project.
The mosques will serve the needs of the growing community
Saudi lender Banque Saudi Fransi (BSF) will meet investors in Europe, Asia and the Middle East next week to test the waters for a potential debt issuance, executives at the bank said on Wednesday.
“We will test the water to present the bank,” o
Emirates NBD PJSC, the United Arab Emirates’ biggest bank by assets, will work on raising customer deposits by 10 per cent this year without sparking competition on higher interest rates, its chief financial officer said.
“We have chosen to kee
