BusinessLatest Business and Company Updates
Dubai luxury assets secure CPIPG financing
Emirates NBD has extended a AED367.3 million loan facility to Luxembourg-based CPI Property Group, giving the European real estate investor funding cover for deferred payments on a portfolio of ultra-luxury residential units in Dubai through 2026 and 2027. The transaction, equivalent to about $100 million or €86 million, is secured against
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FAB secures strong demand for five-year bond
First Abu Dhabi Bank PJSC has priced a $750 million five-year senior unsecured Eurobond under Regulation S, drawing strong investor demand and tightening pricing well inside initial guidance as global credit markets show continued appetite for high-grade Gulf issuers. The fixed-rate
Growth Strategy in a Crisis: Entrepreneur Dasha Ozden’s Perspective
Entrepreneurship is a challenge, especially when it comes to your own project: a small restaurant, a boutique, or an online store. For many women, starting a business feels like a personal trial, a test of resilience. But in reality, any
OPEC+ Faces Hesitation Over Production Cuts Amid Supply Surplus
Oil traders are expressing doubts over OPEC+'s ability to implement production cuts next year, despite forecasts predicting a looming global supply surplus that could push prices even lower. A recent survey conducted by Bloomberg News revealed that nearly two-thirds of
