UAE Healthcare | NMC Health PLC Plans Listing on the London Stock Exchange

Posted on Mar 8, 2012 in Emirates - U.K., UAE Investment and Finance

From the Washington Post:  NMC Health PLC, a health care company in the United Arab Emirates, laid out plans Thursday to list its shares in London rather than at home as it seeks to raise up to $250 million. The company said it is targeting an initial public offering on the London Stock Exchange to […]

Dim Sum Bonds Sprout in Dubai

Dubai-based Emirates NBD, the largest bank in the United Arab Emirates, is selling $119 million in so-called dim sum bonds, which are debt securities issued in the Chinese yuan outside of mainland China, primarily Hong Kong. Financial Content

Dubai’s Shares Retreat Most Since 2010 Ahead of Arabtec Results

Dubai’s stocks retreated the most in more than two years, the worst-performing equity market in the world today, ahead of Arabtec Holding Co. financial results and on concern over the success of Greece’s debt swap. La Repubblica

Dubai’s Stocks Retreat Most in a Year on Bets Rally Overdone

 Dubai’s benchmark stock index retreated the most in more than a year, led by Arabtec Holding Co., to become the world’s worst-performer amid speculation this year’s rally was overdone. La Repubblica

S.Korean Firm Signs $2 Billion Oil Deal with UAE

A South Korean energy group is to invest US$2 billion as part of a project to develop three oil fields in the United Arab Emirates, officials said Monday.  This comes as Asia works to decrease its oil dependence on Iran.

Emirates NBD Retreats to Third Largest Arab Bank

The UAE is unprecedented as a prominent hub for Islamic finance. Dubai-based Emirates NBD retreated to the third rank in the list of the largest Arab banks after it was overtaken by National Commercial Bank (NCB) of Saudi Arabia and Qatar National Bank (QNB) at the end of November. Global Islamic Finance Magazine Related articles […]

DFM Hits 15-Month High

Dubai stocks, almost on a consistent upswing since the middle of February, on Sunday rallied to their highest level in 15 months as investors became more optimistic about an imminent recovery on the back of positive global signals. Related articles Dubai Shares Rise to 10-Month High on Profit, Dividend Optimism ( Dubai Shares Climb […]

Dubai’s Drydocks World to Complete $2.2 Billion Debt Restructuring by July

Drydocks World LLC plans to present next week the terms to restructure $2.2 billion of debt as the global credit crisis forces Dubai’s state-linked companies to alter terms on loan repayments. Shipping Online Related articles Dubai shipbuilding firm eyes end to debt process ( Dubai shipbuilding firm eyes end to debt process ( Drydocks World […]

Warning: A non-numeric value encountered in /home/emiratesbusiness/public_html/wp-content/plugins/ultimate-social-media-icons/libs/controllers/sfsi_frontpopUp.php on line 59