Emirates NBD plans to tap global debt markets for its first capital-boosting bond issue, as Gulf banks take advantage of tight pricing and high investor demand to shore up capital ratios. Read Article Emirates NBD plans bond sale to boost capital
Money set aside to cover bad debts is dwindling at the UAE's biggest lenders as the global financial crisis fades from view and top bankers feel more optimistic about the strength of the local economy. Read Article UAE banks' bad-debt provisions dwindling amid optimism
In 1992, Major League Baseball commissioner Fay Vincent initially opposed an effort by a Japanese mogul to purchase the Seattle Mariners. Expect more to come. Global shift in North American sport
The flying car concept took a while to become reality but in America a company is on the verge of offering a version to the public. While the cost may be high, so is confidence that there is a viable market. Flying cars roar into reality
