Overall, skies are expected to be clear to partially cloudy
In its rating report, the rating committee of Capital Intelligence highlighted the low level of non-performing loans, adequately capitalised balance sheet and the management capability as the rational for the rating decision.“The rating reiterates the solidity of Gulf Finance’s business model and its ability to withstand the effects of the current market conditions. Gulf Finance has a successful track record in facilitating straightforward access to capital for small and medium sized enterprises — a business segment which is vital for the continued economic prosperity of the United Arab Emirates,” Majid Al Ghurair, Chairman of Gulf Finance, said. — business@khaleejtimes.com
Overall, skies are expected to be clear to partially cloudy
Israeli defence minister warns the battle was not over even after a massive strike on Beirut that killed Hezbollah chief Hassan Nasrallah
The vehicle must belong to the company; advertising on vehicles owned by individuals is not permitted
The regulation also protects renters, and specifies the terms under which owners can terminate the lease before expiry of contract
The service was especially popular with young executives, most of whom live in shared accommodations
Daily commuters have been facing hours-long delays on roads in areas like Business Bay, DIFC and Deira
All the previous IPOs attracted strong interest from both institutional and retail investors and were oversubscribed multiple times
Lighter rainfall is expected to continue in some areas in the next few days