Business Blog

BRIEF: UAE's Gulf Navigation Shareholders Approve 100 Mln Dirhams Sukuk Issue

GULF NAVIGATION HOLDING GNAV.DU : * SHAREHOLDERS APPROVE ISSUANCE OF ISLAMIC CONVERTIBLE SUKUK FOR A VALUE OF 100 MILLION DIRHAMS * SAYS SUKUK ISSUANCE BY WAY OF A PRIVATE PLACEMENT TO WAHAT AL ZAWEYA INVESTMENT & REAL ESTATE DEVELOPMENT Source:...
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Mideast Stocks - Factors to watch on November 15

Oil tumble hits Saudi, MSCI snub hurts Qatar
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UPDATE 1-UAE's NMC Healthcare seeks to raise $400 mln with debut sukuk

(Updates sukuk size in headline and text, adds details)DUBAI, Nov 14 (Reuters) - United Arab Emirates&apos healthcare provider NMC Healthcare NMC.L has set the size of its first international sukuk issue at $400 million, a document issued by one of the banks leading the deal showed.Earlier on Wednesday, the company was aiming to raise between $300 million and $350 million, a document from the same
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BRIEF: Dubai Islamic Insurance And Reinsurance Q3 Profit Falls

DUBAI ISLAMIC INSURANCE AND REINSURANCE CO AMAN.DU : * Q3 PROFIT ATTRIBUTABLE TO SHAREHOLDERS 1.3 MILLION DIRHAMS VERSUS 1.4 MILLION DIRHAMS YEAR AGO Source text for Eikon: ID:nDFA42RRDW Further company coverage: AMAN.DU...

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U.S. futures extend gains as investors take split Congress in stride

U.S. stock futures pointed to strong opening gains for Wall Street
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US STOCKS-Wall Street futures gain on upbeat mid-term readout

U.S. stock futures pointed to strong opening gains on Wall Street on Wednesday after mid-term elections handed the House of Representatives to the Democrats but saw Republicans reinforce their control of the Senate. After an initially muted reaction from...
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