Ras Al Khaimah / Emirates Business In a move to further strengthen ties with the Nordic region, the Ras Al Khaimah Tourism Development Authority (RAKTDA) on Tuesday announced the opening of their first international representation office in the Nordics, as the Emirate seeks to drive further growth in the number of visitors travelling to Ras Al Khaimah. RAKTDA already has ...

DUBAI / Emirates Business Mashreq Bank, the UAE’s leading financial institution, on Tuesday announced that it will enter the non-bank financial institution (NBFI) space in India through an engagement with IL&FS Financial Services Ltd to offer external commercial borrowings (ECB) in Indian Rupees (INR). Through the IL&FS Group, Mashreq will serve the Indian market across various verticals including financial services, ...

Bloomberg Royal Dutch Shell Plc’s agreement to sell out of oil-sands producer Canadian Natural Resources Ltd. brings its $30 billion divestment goal within reach. The Anglo-Dutch company’s Shell Gas BV unit will divest all its shares in Canadian Natural for total pretax proceeds of $3.3 billion, The Hague-based Shell said. The sale serves the dual purpose of shedding one of ...