Business Blog

Abu Dhabi, 13 April 2014: Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services institution, has arranged and successfully closed an AED 1.2 billion Syndicated Islamic Facility for IMG Theme Park LLC, the company behind IMG Worlds of Adventure, Dubai's first mega-themed entertainment destination. The park will be a world-class tourist attraction for the 10 million tourists who

Abu Dhabi Islamic Bank, ADIB, has arranged and successfully closed an AED 1.2 billion Syndicated Islamic Facility for IMG Theme Park LLC, the company behind IMG Worlds of Adventure.

DUBAI: MALAYSIANS will get another option to shop for reasonably-priced items when the Abu Dhabi-based Lulu International Group opens its hypermarkets in Malaysia under a collaboration with Federal Land Development Authority (FELDA) of Malaysia.

The Basic Benefit Package is designed for those with an income of less than AED 4,000

Dubai government-owned property firm Limitless is asking creditors for more time to repay a USD1.2 billion debt facility, its chairman said on Tuesday.

CMA previously announced a resolution on 25/2/2014 to suspend trading the shares of Weqaya Takaful Insurance and Reinsurance Company on the Saudi Stock Exchange (Tadawul) starting from 26/4/1435H corresponding to 26/2/2014 for failing to announce its annual financial statements as of 31/12/2013 within the specified period. On 07/04/2014, the company announced its annual financial statements as of