According to an official, several people are still feared trapped in the debris
asia10 hours ago
WestLB will syndicate Global's one-year loan to regional banks, Sunny Bhatia, the Kuwaiti company's chief financial officer, said in a phone interview yesterday, declining to comment on the interest the loan will pay.
Global may hold its first international bond sale next year when credit markets recover, Bhatia said. In November he said the bank may sell about $500 million of five-year notes in 2007 if lenders regained their appetite for corporate debt after a global slump sparked by U.S. mortgage defaults.
Global, which manages about $8.3 billion, earlier this month agreed to buy 60 per cent of FFK Fon Finansal Kiralama AS as it expands outside Kuwait, the Turkish leasing company said in a Dec. 18 filing. In June it got a licence to open an investment banking unit in Saudi Arabia, the biggest Arab economy.
According to an official, several people are still feared trapped in the debris
asia10 hours ago
Amateurs Afzaal Ahmad, Parvez Ahmed, and Arbaaz Ahmad shine with an Impressive 89-point performance at the Emirates Golf Club
sports10 hours ago
The Meteorological Organisation that it is closely monitoring what is being circulated on social media
mena11 hours ago
There have been a series of school fires in the country in recent years, many of them which have turned out to be arson
africa11 hours ago
Salama Alfalacy is into realistic art featuring landscapes and wildlife, while Meera Jamal Al Midfa is setting new grounds in performance art and filmmaking
arts12 hours ago
Dubai Police have asked drivers to be extra cautious
transport12 hours ago
The storm had already claimed the lives of at least two people in China's Hainan and 16 people in the Philippines
asia13 hours ago
Dubai Police have asked drivers to be extra cautious
transport13 hours ago