Abu Dhabi bourse to list big private firms to lure investors

The new firms will be listed as Tier-2 stock without the need for initial public offerings (IPO), Baloushi said but did not give further details. Discussions were underway with the market regulator and he expected an approval to be given.


Aviva mandates Barclays to sell Turkish unit

Since the departure of chief executive Andrew Moss last year, Aviva pledged it would dramatically overhaul the company by focusing on fewer businesses and shedding those that have high losses and high claims.


Abu Dhabi Fund Said Close to Buying RBS’s 42 Marriott Hotels

The sovereign wealth fund, also known as ADIA, has been a preferred bidder since last summer and the sale includes hotels in London and Edinburgh, the person said, asking not to be identified because the deal hasn’t been made public.


UAE bank selects Northern Trust to administer ETF

"We can offer a variety of ETF administration solutions to support our client's unique requirements for transparency and reporting, and are delighted to continue to work with National Bank of Abu Dhabi supporting the enhancements to this landmar


MidEast investors eye Dubai property

Dubai’s property sector is the most popular asset class for Middle Eastern investors buoyed by its improved economic outlook, stable political situation and recovering rental and values, a report said.