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GBO CorrespondentFebruary 17, 2020

FAB raises over Dh3 bn in its first Sterling bond, Kangaroo bond

GBO CorrespondentFebruary 17, 2020
The two bonds will be listed on London Stock Exchange and Australian...
Abu Dhabi bankingAustralian Stock ExchangeBankingBondsFABFinanceFirst Abu Dhabi BankKangaroo bondLondon Stock ExchangeSterling bondsukukUK investors
GBO CorrespondentFebruary 14, 2020

Shareholders oppose delisting of Dubai real estate fund over low market value

GBO CorrespondentFebruary 14, 2020
The investors are the UAE’s National Bonds, Sancta Capital, Tawuniya and Emirati...
DubaiDubai propertiesDubai real estateENBD ReitNational BondsProperty MarketReal EstateReal Estate FundSancta CapitalTawuniya
GBO CorrespondentFebruary 14, 2020

Abu Dhabi announce Dh2. 7 bn residential project at Al Dhafra region

GBO CorrespondentFebruary 14, 2020
The project includes 1,449 apartments, 700 villas two schools, eight mosques and...
Abu DhabiAbu Dhabi real estateMiddle EastMiddle East real estateReal EstateUAEUAE property marketUAE real estateValuStrat
GBO CorrespondentFebruary 13, 2020

IMF modifies Kenya’s external debt distress level to moderate from low

GBO CorrespondentFebruary 13, 2020
The country’s improving debt risk is mainly attributed to better debt management...
debt managementdebt riskEconomyGhanaInternational Monetary AuthorityKenyaKenya debtLoansNigeriaTanzania
GBO CorrespondentFebruary 13, 2020

Etihad to launch subscription service for frequent flyers

GBO CorrespondentFebruary 13, 2020
The new service is called TravelPass and will be launched in partnership...
Abu DhabiAviationEtihad AirwaysMiddle EastMiddle East AirlinesMiddle East aviationUAEUAE airlinesUAE Aviation
GBO CorrespondentFebruary 12, 2020

Egyptian heatchtech Veezeta secures $40 mn funding for expansion

GBO CorrespondentFebruary 12, 2020
Investors who took part in the funding round include Gulf Capital, Saudi...
AfricaAfrica healthcareAfrica healthtechEgyptEgypt healthcareHealthcarehealthtechMiddle East healthcareMiddle East healthtech
GBO CorrespondentFebruary 11, 2020

Petrobras sets new production record in Q4 2019

GBO CorrespondentFebruary 11, 2020
It produced over 3 million barrels of oil equivalent per day in...
BrazilBrazil oil and gasenergyLatin AmericaLatin America oil and gasOil and GasPetrobrasPetrochinaRosneft
GBO CorrespondentFebruary 10, 2020

Prime residential market in Dubai grows by 22% in 2019

GBO CorrespondentFebruary 10, 2020
Deals for prime properties in Dubai amounted to Dh42.3 bn in 2019,...
DubaiDubai property marketDubai real estateMiddle EastMiddle East real estateReal EstateUAE
GBO CorrespondentFebruary 10, 2020

Sanad, Ethiopian Airlines partner to establish MRO centre in Africa

GBO CorrespondentFebruary 10, 2020
Both airlines will first establish a centre of excellence for the repair...
Addis AbabaAfrica airlinesAirlinesAviationEthiopian AirlinesGeneral ElectricInternational Aero EnginesMRORolls RoyceSanadSanad Aerotech
GBO CorrespondentFebruary 7, 2020

Kenya Airways expands codeshare agreement with Alitalia

GBO CorrespondentFebruary 7, 2020
Alitalia will place Kenya Airways’ flight code on its flights from Rome...
AfricaAfrica aviationAfrican airlinesAviationEuropeEuropean airlinesItalyKenya AirlinesKenya airwaysKenya AviationOman Air
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Trump’s $2 trillion deals recast US-Gulf relationsBeyond the dollar signs, Donald Trump’s Middle East agreements are poised to reshape the region’s development trajectory…

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Oil slips as Kurdistan crude exports resume, OPEC+ plans output hike


US agrees South Korea not a currency manipulator, Seoul says


China’s BYD forecasts exports to top 20% of 2025 sales, SCMP reports

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