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Chairman of Dubai-based developer says special cash dividend follows the successful IPO and listing of the Emaar Malls Group
Many Western firms have been paring back their activities in Russia after sanctions
Announcement comes nearly 6 years after it raised $85.9m in an IPO
At present, foreigners are limited to investing indirectly through swaps and exchange-traded funds
Iran attacks OPEC members for refusing to stabilise oil prices
Deal will allow Dubai World to raise more capital to further its development plans
The deal will also provide Etihad with benefits such as player appearances and access to the team’s training sessions
The joint venture will buy a 28.4 percent stake in Inalca, currently wholly owned by Italian food producer and caterer Cremonini
Fundraising roadshow will head to Singapore, Abu Dhabi, Dubai and London
Fund bought the shares from former Arabtec CEO Hasan Ismaik, who abruptly resigned in June
Company will offer 40% of its shares to the public, in an offer that will run from Nov 17-30
Lender's share sale, the largest ever initial public offering in the Arab world, drew massive local interest, with the retail portion of the offer 23 times subscribed.
Move is a fresh sign that authorities are using this year's oil price plunge to push economic reforms
Company made a net profit of $82m, triple what it was in the same quarter last year
61 nominees are in the running for trophies across 12 categories at the annual awards ceremony...
Quick and simple tools can make the biggest differences
Live updates from today's event, with speakers including BBC broadcaster Andrew Neil, Etihad...
Dr David Nott takes top prize at awards ceremony
This year's top winners from across a variety of business sectors
The one-day event is examining the role of women working in the Arab world, the challenges...
Women in male-dominated professions are on the rise, but concerns over equality still persist...
4th Arabian Business Women Forum kicks off discussing leadership issues facing women in the...
"It is an honour before it is a duty," said Sheikh Ahmed bin Mohammed Al Maktoum
Not even one comment supporting the author. I wonder if he is trying to create a bubble. more
you forgot etisalat and du - highest rates on the planet more
Compare this to WEC and you see a stark difference. The 'formula' for WEC is much more wider and more accomodating. They have been runnning hybrids for... more
The death sentence is a free pass. The purpose of punishment has always been to provide a lesson for misbehaving. No one learns a lesson by dying. Life... more
Our prayers are with you Allan, justice shall prevail and things will be different once it is solved as these banks will be taught a lesson. If not today... more
It's such a superficial life, but that's up to you, some love it & some hate it. Rather go to other restaurants that offer value for money with great ambiance... more