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Qatar’s LNG expansion projected to increase economic growth; Report

Qatar's liquefied natural gas (LNG) expansion plans are expected to boost real economic growth and fiscal surpluses to high-single digits and mid-single digits on...

UAE banking sector shows positive outlook for 2021: Report

The US-based multinational investment bank and financial services provider, Bank of America has forecasted a positive outlook for the UAE’s banking sector for 2021,...

Dubai ends speculations: Reveals lower than expected debt numbers

Dubai gave a surprise to public bond markets by revealing that its debt burden is smaller than the estimation made by analysts last month. As...

Emirates NBD Bank squashes recent reports of a Bank of America...

Following a press clipping suggesting that the US-based Bank of America (BofA) had acquired a 1.5 percent stake in Emirates NBD recently, the bank...

Emirates NBD fetches investment worth $245 million from Bank of America

North Carolina based Bank of America has acquired 1.51% in Emirates NBD, Dubai’s largest bank. Sources suggest that the purchase is likely done through market...
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