by Jibran Munaf | November 19, 2024 | Banking
Emirates NBD, the UAE’s second-largest lender, has successfully issued a $500 million sustainability-linked loan (SLL) bond under its $20 billion Euro Medium Term Note (EMTN) program. The bond, listed on Euronext Dublin and NASDAQ Dubai, marks a significant step...
by Jibran Munaf | November 18, 2024 | News
Delivery Hero SE, the German food delivery giant, is preparing for one of the Middle East’s largest initial public offerings of 2024 by seeking approximately $1.5 billion through the listing of its regional unit, Talabat, in Dubai. Sources familiar with the matter...
by Jibran Munaf | November 18, 2024 | Aviation
Spirit Airlines, a trailblazer in ultra-low-cost air travel in the United States, has filed for bankruptcy protection, citing prolonged financial struggles, mounting debt, and a series of operational challenges. The airline’s troubles worsened after the collapse of...
by Jibran Munaf | November 18, 2024 | Cryptocurrencies
Bitcoin has bounced back from its sharpest two-day decline since the US presidential election, reflecting investor uncertainty over President-elect Donald Trump’s pro-crypto policy agenda. The digital currency dropped nearly 3% over the weekend before recovering to...
by Jibran Munaf | November 17, 2024 | News
Dubai’s Roads and Transport Authority (RTA) has unveiled a transformative road network expansion project aimed at cutting travel times by up to 80% for residents of Nadd Hessa, Al Awir 1, Al Barsha South, and Wadi Al Safa 3. The initiative will improve entry and...
