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 ...

  Dubai / WAM Emirates Airline said on Wednesday it expects high passenger traffic on its flights this upcoming weekend as travellers take advantage of the long Eid Al Adha weekend. Over 160,000 travellers will be passing through Emirates Terminal three from Thursday to Saturday, with consistently high passenger loads from Dubai also expected on September 11 and 12, the Dubai ...