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Saudi, Dubai rise; Mobily up on waiver of loan breaches

  DUBAI / Reuters Saudi shares rose early on Tuesday, lifted by firmer oil prices and news that Saudi Arabia’s second-largest telecommunications operator Mobily had secured waivers from all its lenders on breaches of loan agreements. Real estate stocks lifted the Dubai index. Etihad Etisalat (Mobily) jumped 6.7 percent after it said lenders who had not already agreed in December ...

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Asian stocks advance as energy producers rally with crude oil and commodities

  Bloomberg Asian stocks climbed for a second day as a rally in oil prices drove energy shares from Japan to Taiwan higher. The MSCI Asia Pacific Index added 0.8 percent to 127.33 as of 4:26 p.m. in Hong Kong. The pickup in commodity prices is helping a recovery in global equities, after weaker economic data and disappointing company earnings ...

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MBLM creates a new real estate brand ‘One Central’

  EMIRATES BUSINESS MBLM, the Brand Intimacy Agency focused on strategy, design, creative and technology, announced the successful launch of a comprehensive real estate branding program for One Central, a mixed-use, multi-billion-dollar project. One Central is the latest real estate development from Dubai World Trade Centre (DWTC). The 540,000 m2 master plan encompasses commercial, residential, hospitality and entertainment components, and ...

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