ABU DHABI / WAM Etihad Airways appointed National Bank of Abu Dhabi (NBAD), to establish an innovative and fully automated Supply Chain Finance programme, which will allow the national airline to extend a range of benefits to its strategic suppliers, while strengthening its supply chain. Supply Chain Finance is a set of solutions that optimises cash flow by allowing companies …

  Dubai / Bloomberg Dubai Financial Group LLC is working with Citigroup Inc. to find a buyer for its stake in Omani lender Bank Muscat SAOG after the sale was triggered by an agreement with creditors, according to people familiar with the matter. The 12 percent stake is worth about $300 million based on current market prices, according to data …

  Ras Al Khaimah / Emirates Business RAK Properties PJSC, Ras Al Khaimah’s biggest property developer listed on the Abu Dhabi Stock Exchange, revealed that its Julphar Residence property – the developer’s 24-floor residential tower on Abu Dhabi’s Al Reem Island – will be completed in Q4 2018. Speaking during this week’s Cityscape Global 2016 — the Middle East’s leading …