UAB concludes $200m term loan
Proceeds of the facility will be used for general corporate purposes.Business
Tesla files recall on 2m vehicles to fix autopilot software
Tesla's Autopilot program has spurred numerous government investigations as well as media exposes focusing on misuse or vulnerabilities. The system...Business
Creditors appoint financial advisers to oppose Emirates REIT $400 million exchange offer
Rothschild, Clifford Chance to challenge Emirates REIT’s $400 million exchange bid Creditors likely to make a better counter offer A...
Oman Insurance relocates employees to new head office
The office equipped with hot-desking that will enable work from home Digitalization will enhance interaction, communication between the teams Oman...
NBB closes finance deal for Oman’s Mazoon Electricity
The debut Islamic financing facility by the Oman-based GRE was signed for $235 million Deal part of NBB Group’s efforts...
Equinor partners with Algeria’s Sonatrach for oil, gas exploration
*MoU includes possible cooperation in greenhouse gas emissions, carbon management *Equinor involved in the development and production of two gas...
Eazy, Discover partner to expand card acceptance
Discover and Diners Club International and network alliance cardholders can use cards at all ATMs in Bahrain Eazy Financial's upcoming...
Birla Carbon to raise rates in Europe, Middle East markets
Hike to compensate additional costs in freight, logistics The company plans more measures to address CO2 emission costs Birla Carbon,...
SMEs in Dubai will be encouraged to bid for govt tenders
*Dubai finance ministry and Dubai SME sign MoU * SME owners will be encouraged to register in the ministry's Federal...
Work in full swing on $206m Bahrain wastewater plant
The project is being implemented by a consortium Once completed, it will have daily flow capacity of 400k cu m...
Strap your seatbelts, and fly to 168 destinations on Emirates, flydubai
Since the launch of their codeshare flights, Emirates, flydubai have flown 500,000 passengers Both the airlines have implemented extensive biosafety...
Global trade stakeholders to virtually attend customs conference in Dubai
Dubai Customs is hosting the 5th WCO Global Authorized Economic Operator Conference virtually from May 25 The three-day conference is...
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