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BLME News Reporter

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Saudi Aramco logo in saudi oilfield

Selling Aramco: The Wall Street A-Listers on the Oil Giant’s IPO

(Bloomberg) --Saudi Aramco has enlisted the help of a former Donald Trump national security adviser and an ex-House of Representatives majority leader to pull...
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Emirates NBD; gulf bank mergers; uae bank

Dubai’s Biggest Bank Emirates NBD Plans $1.76 Billion Rights Share Sale

(Bloomberg) --Dubai’s biggest bank is seeking to raise 6.45 billion dirhams ($1.76 billion) from a rights share offering as it expands abroad and courts...
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Amlak Finance is nearing a deal to restructure debt for a second time as the Dubai-based Islamic mortgage provider navigates an ongoing property slump; emaar uae

Dubai Sets Limits to Starting State-Related Entities

(Bloomberg) --Dubai is curbing the establishment of state-related entities to ensure they aren’t crowding the private sector and holding back economic development. Additional state-related firms...
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Etihad, Air Arabia to Launch Low-Cost Carrier in Abu Dhabi

(Bloomberg) --Etihad Airways plans to start a new Abu-Dhabi-based low-cost carrier to cater for growing demand in the Gulf region for more affordable travel. The...
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Saudi Arabia Venture Investor Considers Second $500 Million Fund

(Bloomberg) --STV, the venture capital investor that backed a Dubai ride-hailing firm before its sale to Uber Technologies Inc., is considering raising a second...
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passengers at dubai airport

How to Never Be Stranded After a Canceled Flight

(Bloomberg) --At Bloomberg Pursuits, we love to travel. And we always want to make sure we’re doing it right. So we’re talking to globe-trotters...
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These Secret Ingredients May Be Why Your Restaurant Bill Is So High

(Bloomberg) --If you want to add instant luxury to a dish, you can grab a truffle and start shaving. Or add a dollop of...
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businesliveme post image

Muraleedhar Pai of Maveric Systems

A hands-on technologist, Muralee Pai, Executive Director, Maveric Systems has been credited with building and transforming cutting edge, scalable IT products and platforms for...
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Turkey Advises Banks Against Offering Lira Liquidity Offshore

(Bloomberg) -- Turkish regulators have advised some local lenders against offering lira liquidity in the offshore money-market, according to three people with knowledge of...
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Trade Woes Push IMF Global Growth Outlook to Decade-Low of 3%

(Bloomberg) --The International Monetary Fund made a fifth-straight cut to its 2019 global growth forecast, citing a broad deceleration across the world’s largest economies...
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