Bloomberg China’s top underwriter of convertible bonds said there is “substantial” scope for sales to grow this year as regulators curb secondary share offerings, providing investors with more options for betting on the nation’s rising equity market. China International Capital Corp., which has arranged $7.7 billion of convertible notes onshore and offshore in the past seven years, said issuance …

  Dubai / Emirates Business The Dubai Airport Freezone Authority (DAFZA) performed strongly in 2016, achieving 16 percent net profit growth and posting a 2 percent growth in its total revenue and a 28 percent increase in its total assets and a 3% rise in Earnings Before Interest and Depreciation (EBID). According to official reports, the total leasable area of …

  Dubai / Emirates Business Emirates National Oil Company (ENOC) introduced its RFID-based technology to fuel DP World’s fleet of vehicles. The new system will also help DP World in monitoring diesel fuel consumption, which not only increases operational efficiency but also manages scheduled vehicle maintenance. The RFID based technology installed by ENOC completely replaces the fuel management system previously …