Default / Miscellaneous

Emirates NBD $500m perpetual bond launched at 6.375pc 10 Sep 2014 - 02:18 pm

DUBAI: Emirates NBD (ENBD), Dubai's largest lender, launched a $500 million, Tier 1 capital-boosting bond at 6.375 percent, a document from lead managers...

Qatar Media Corporation chairman meets US ambassador 10 Sep 2014 - 02:02 pm

DOHA: Chairman of Qatar Media Corporation HE Sheikh Hamad bin Thamer Al Thani met here on Wednesday with U.S. Ambassador to Qatar HE...

Kuwait OPEC governor expects oil to return to, hold $100 level 10 Sep 2014 - 01:40 pm

KUWAIT CITY: Kuwait OPEC Governor Nawal Al-Fuzaia said on Wednesday that a recent drop in oil prices was due to a rise in...

Syria rebel group names new chiefs after blast kills leaders 10 Sep 2014 - 01:18 pm

BEIRUT: Syria's Islamist Ahrar al-Sham rebel brigade named new chiefs on Wednesday after a devastating blast that killed nearly 30 members of its...

Saudi Aramco, Sumitomo Chemical invite banks to back JV plant expansion 10 Sep 2014 - 01:17 pm

KHOBAR: Saudi Arabia's PetroRabigh said on Wednesday its founding shareholders had formally invited banks to provide financing for the 32 billion riyal ($8.5...

Defense minister meets UN official 10 Sep 2014 - 01:12 pm

DOHA: HE Minister of State for Defence Affairs Major-General Hamad bin Ali Al-Attiyah met Wednesday with UN special representative in Iraq Nikolai Miladinov,...

Armed Forces of the Philippines back Bangsamoro Law 10 Sep 2014 - 01:11 pm

MANILA: The Armed Forces of the Philippines (AFP) on Wednesday expressed its full support for the quick passage of the proposed Bangsamoro Basic...

Pakistan suspects navy attack had inside help 10 Sep 2014 - 12:32 pm

ISLAMABAD: Pakistan's defence minister on Wednesday said there was a strong possibility that Taliban militants who attacked a Karachi naval dockyard at the...

China to launch second space lab in 2016 10 Sep 2014 - 12:32 pm

BEIJING: China will launch its second orbiting space laboratory in two years' time, a top official said Wednesday, the latest step in an...

Petronas chief backs Malaysia as Asia's energy hub 10 Sep 2014 - 11:56 am

KUALA LUMPUR: Malaysia would be ideal to establish an oil and gas hub in Asia, Petronas President and Chief Executive Officer Shamsul Azhar...

Pakistan air strikes kill 35 militants in northwest 10 Sep 2014 - 11:04 am

PESHAWAR: Pakistan's military said Wednesday it had killed 35 militants and destroyed three hideouts in fresh air strikes as part of a major...

Emirates NBD sets guidance on Tier 1 bond at 6.5pc area; orders top $1bn 10 Sep 2014 - 10:23 am

DUBAI: Emirates NBD (ENBD), Dubai's largest lender, set price guidance on its Tier 1 capital-boosting bond in the area of 6.5 percent on...

Philippines to deport Canadian Islamic teacher over terror links 10 Sep 2014 - 10:22 am

MANILA: The Philippines plans to deport a Canadian national this week after he was reported to be "inciting and recruiting locals to conduct...

Kuwait Energy, Dragon Oil find oil in Iraq 10 Sep 2014 - 10:09 am

KUWAIT CITY: Oil explorers Kuwait Energy and Dragon Oil have discovered oil in an exploration well in northern Basra in Iraq, the companies...

Clearing operations kill 50 militants in Afghanistan 10 Sep 2014 - 10:08 am

KABUL: At least 50 Taliban militants were killed and 13 others were injured during military operations by Afghan national security forces in the...

Saudi's Itqan Capital to boost Islamic finance business 10 Sep 2014 - 09:56 am

RIYADH: Islamic investment firm Itqan Capital, based in the Saudi Arabian city of Jeddah, plans to expand its investment and advisory activities in...

Kingfisher names new CEO as posts flat profit 10 Sep 2014 - 09:36 am

LONDON: Kingfisher, Europe's largest home improvements retailer, said on Wednesday longstanding chief executive Ian Cheshire would step down before the end of its...

Natural disasters kills 759 people in China 10 Sep 2014 - 09:29 am

BEIJING: Natural disasters killed 759 people in China in August, with 123 still missing, China's Ministry of Civil Affairs (MCA) said Wednesday in...