Edition:
United States

Stanley Carvalho

Anglo-Gulf Trade Bank aims to bridge trade finance gap with blockchain

Oct 17 2018

ABU DHABI/LONDON Anglo-Gulf Trade Bank, a British/UAE start-up, is aiming to shake up trade finance in the region by using blockchain to speed up transactions, becoming the latest financial services firm to adopt the technology.

Anglo-Gulf Trade Bank aims to bridge trade finance gap with blockchain

Oct 17 2018

ABU DHABI/LONDON, Oct 17 Anglo-Gulf Trade Bank, a British/UAE start-up, is aiming to shake up trade finance in the region by using blockchain to speed up transactions, becoming the latest financial services firm to adopt the technology.

India's IndiGo eyes wide-bodied aircraft from Airbus, Boeing: executive

Oct 14 2018

ABU DHABI Indian airline IndiGo on Sunday said wide-bodied aircraft are an “aspiration” and talks with manufacturers are ongoing but there is no firm timeline amid difficult market conditions in the Indian market.

UPDATE 1-UAE deepens money market with law allowing federal debt issues

Oct 13 2018

ABU DHABI, Oct 13 The United Arab Emirates has taken a major step towards deepening its financial markets by issuing a law permitting the federal government to begin issuing sovereign debt, the finance ministry said on Saturday.

Etihad and Abu Dhabi likely to reject bondholder complaints -sources

Oct 11 2018

ABU DHABI/DUBAI Etihad Airways and Abu Dhabi's Department of Finance are likely to reject calls for a meeting with disgruntled bond investors in the belief that their complaints have no legal merit, sources close to the matter told Reuters.

Etihad and Abu Dhabi likely to reject bondholder complaints -sources

Oct 11 2018

ABU DHABI/DUBAI, Oct 11 Etihad Airways and Abu Dhabi's Department of Finance are likely to reject calls for a meeting with disgruntled bond investors in the belief that their complaints have no legal merit, sources close to the matter told Reuters.

UAE plans initial coin offerings to boost capital markets: regulator

Oct 08 2018

ABU DHABI The United Arab Emirates plans to introduce initial coin offerings (ICOs) next year to provide companies with a fresh way to raise money, the head of the securities regulator said on Monday.

UAE plans initial coin offerings to boost capital markets - regulator

Oct 08 2018

ABU DHABI, Oct 8 The United Arab Emirates plans to introduce initial coin offerings (ICOs) next year to provide companies with a fresh way to raise money, the head of the securities regulator said on Monday.

Trade Bank of Iraq in talks to acquire a Gulf lender: chairman

Oct 03 2018

ABU DHABI Trade Bank of Iraq (TBI) is in talks to buy a Gulf bank with branches in the United Arab Emirates and Qatar as part of a strategy to boost revenues outside its home market, its chairman said on Wednesday.

Abu Dhabi’s Mubadala plans bond transaction soon - sources

Sep 27 2018

LONDON/DUBAI, Sept 27 Abu Dhabi state fund Mubadala is working on a bond transaction which could be announced as soon as next week, sources familiar with the matter said.

World News

How the man behind Khashoggi murder ran the killing via Skype

He ran social media for Saudi Arabia's crown prince. He masterminded the arrest of hundreds of his country's elite. He detained a Lebanese prime minister. And, according to two intelligence sources, he ran journalist Jamal Khashoggi's brutal killing at the Saudi consulate in Istanbul by giving orders over Skype.