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DXB Entertainments gets approval for $1.2bn Meraas debt swapDXB Entertainments, a leading Dubai-based leisure and entertainment company and operator of emirate's major theme parks, said it has won approval from shareholders to transfer AED4.3 billion ($1.17 billion) debt to UAE developer Meraas Lei More… |
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DXB Entertainments gets approval for $1.2bn Meraas debt swapDXB Entertainments, a leading Dubai-based leisure and entertainment company and operator of emirate's major theme parks, said it has won approval from shareholders to transfer AED4.3 billion ($1.17 billion) debt to UAE developer Meraas Lei More… |
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New Islamic cross currency swap standard publishedThe International Swaps and Derivatives Association (ISDA) and the International Islamic Financial Market (IIFM) have published a new Islamic hedging product standard, the ISDA/IIFM Himaayah Min Taqallub As‘aar Assarf (Islamic Cross Curr More… |
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Skills swapping platform launched in DubaiSwappaholics Holdings, an innovative startup, that recently graduated from the TURN8 Accelerator programme (Round 4) in Dubai, has launched a skills swapping portal, a disruptive platform, modeled after the barter trade system that will allow More… |
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Ukraine, pro-Russian rebels swap prisonersUkraine's government and pro-Russian separatists on Friday exchanged hundreds of prisoners of war while Kiev said it would suspend all train and bus service to Crimea, effectively creating a transportation blockade to and from the region. More… |
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China signs $6bn currency swap with QatarChina's central bank has signed a 35 billion yuan ($5.7 billion) currency swap deal with its Qatari counterpart, in a step towards expanding use of the Chinese yuan in a region long dominated by the US dollar. The deal is expe More… |
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US soldier flies to freedom after Afghan prisoner swapThe sole American prisoner of war held in Afghanistan was being flown to a US military hospital in Germany on Sunday, after he was dramatically freed in a swap deal for five Taliban militants who were released from the Guantanamo Bay prison in C More… |
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Mubadala, Shell swap Malaysia oilfield stakesAbu Dhabi-based Mubadala Petroleum and Royal Dutch Shell have swapped equity stakes in two exploration blocks off Malaysia, the companies said on Sunday. Mubadala has taken a 20 per cent interest in the Shell-operated deepwater Bl More… |
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Mis-sold swaps may cost UK banks billionsBritish banks face another round of compensation claims that could total billions of pounds after the regulator found they had widely mis-sold complex interest-rate hedging products to small businesses. The interest-rate swaps are More… |
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Syria rebels free 48 Iranians in prisoner swapSyrian rebels freed 48 Iranian hostages on Wednesday in exchange for the release of more than 2,000 civilian prisoners held by the Syrian government, the head of a Turkish aid agency which helped broker the deal said. The Syrian r More… |
