DUBAI / Reuters Dubai-based Noor Bank has started marketing a five-year sukuk worth $500 million with an initial price guidance of around 175 basis points over mid-swaps, a document from one of the banks leading the transaction showed. Noor Bank, rated A-(minus) by Fitch, plans to price the senior unsecured Islamic bonds later on Tuesday. Citi, Deutsche Bank, Dubai Islamic ...

ABU DHABI / WAM Etisalat announced its partnership with Indra to enhance and widen its digital solutions portfolio in multiple sectors, allowing both parties to share best practices and training, industry expertise, explore business opportunities, and strengthen their position in the markets they operate. Indra, offers a comprehensive range of proprietary solutions and specialises in the development of end-to-end technology ...

ABU DHABI / Emirates Business The hospitality market in Abu Dhabi registered a 5% increase in occupancy levels in the first quarter of 2018, according to JLL’s Q1 2018 Real Estate Market Overview Report. According to the Abu Dhabi Tourism & Culture Authority, the number of guests staying at hotels in the emirate earlier this year rose by 15% (compared ...