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15 Jul, 2025
Latest News:
El-Sisi Calls for Increased Efforts to Restore Gaza Ceasefire in Meeting with Hungarian Speaker
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Tag: UAE

UAE: Barclays to leave rate panel

July 18, 2012July 18, 2012 Peter Mulvany

The United Arab Emirates has handed a 90-day notice to Barclays following its role in a scandal in England. Barclays is obliged to leave the rate-setting panel for interbank lending because the notice is mandatory. Barclays has of late manifested Read more

Finance, HeadlinesBarclays, Citigroup, EIBOR, HSBC, Standard Chartered, UAE

UAE: Environmental clearance for nuclear plant

July 16, 2012July 16, 2012 Jaber Ali

The United Arab Emirates has received a boost in realizing its dream of having a nuclear power plant to meet its rising electricity demand and reduce its expenses on the importation of crude oil after the acquisition of the no-objection Read more

Energy, HeadlinesAbu Dhabi, Crude oil, ENEC, Hammadi, megawatt, nuclear, UAE, United Arab Emirates

Switzerland suspends Emirates’ arms deal

July 6, 2012July 6, 2012 Peter Mulvany

Relations between the United Arab Emirates and Switzerland tend to take a different direction following a newspaper report. A report accompanied with a photo emerged in one Swiss newspaper showing what seems to be a Swiss made hand grenade bought Read more

Headlines, World NewsRUAG, Switzerland, syria, UAE, United Arab Emirates

KSA: Standing against Assad

July 3, 2012July 3, 2012 Peter Mulvany

Following the Final Communiqué of world powers during the week end in Geneva, Saudi Arabia which was absent at the meeting has urged the world to stand against Assad. In a released statement after a usual weekly cabinet meeting which Read more

Gulf News, Headlinesassad, Bahrain, Bashar, Geneva, king abdullah, Kofi Annan, KSA, Lebanon, Qatar, UAE

UAE: The three islands issue

June 29, 2012June 29, 2012 Peter Mulvany

The US has shown its support to the United Arab Emirates regarding the territorial conflict in which it is engaged in with Iran. After a closed door meeting between the countries, at the White House, represented by the Crown Prince Read more

Gulf News, HeadlinesAbu Musa, Barack Obama, Iran, Mohammed bin Zayed Al Nahayan, UAE, United Arab Emirates

UAE: Performances of Islamic banking System

June 20, 2012June 20, 2012 Jaber Ali

With reference to a rating statement from Moody’s, Tamweel is on the verge of beginning a project based on the sale of a mortgage-backed sukuk (Islamic bond) secured in the emirate and related receivables to gather an amount of $235 Read more

Finance, HeadlinesDIB, Moody, Sukuk, Tamweel, UAE

UAE: $20m in Turkey’s Orion Group

June 11, 2012June 11, 2012 Peter Mulvany

A newly launched fund known as the Gulf Credit Partners which is the credit and mezzanine fund of Gulf Capital has just accomplished its second investment project in Turkey in its short existence. In its released statement, a $20 million Read more

Finance, Headlinescatering, cleaning, Gulf Capital, laundry, Orion Group, Security, UAE, Walid Cherif

UAE: Dubai’s gets money for bond

June 5, 2012June 5, 2012 Peter Mulvany

Dubai’s investor image has been brightly polished because a unit of the firm taking care of its financial free zone, DIFC Investments, will be able to repay its Islamic bond known as Sukuk. The bond will be maturing on the Read more

Finance, HeadlinesAbdullah Saleh, bond, DIFC, Dubai, investor, JAFZA, LIBOR, UAE

Qatar: strengthening its international relationships

June 1, 2012June 1, 2012 Peter Mulvany

Qatar based directors of the Syria International Islamic Bank (SIIB) have decided to relax their roles in order to adapt to the US treasury sanctions against the lender. According to the central bank, “Qatari investors in the SIIB will not Read more

Gulf News, HeadlinesDoha, istanbul, Qatar, QIIB, Rashid Al Ali, SIIB, syria, Turkey, UAE

UAE: Tourist Multiple Entry Visa in the pipeline

May 29, 2012May 29, 2012 Peter Mulvany

In a strategic move to curb the paperwork procedures and visa requirements for the tourists passing by or coming to the United Arab Emirates, a solution is finally forthcoming after more than 2 years of discussions according to an announcement Read more

Gulf News, HeadlinesAida Cruises, Costa Cruises, Dubai, FTI Cruises, Multiple Entry Visa, Royal Caribbean, TUI, UAE

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