| $465m convertible bonds from NBAD |
| The National Bank of Abu Dhabi, or NBAD, has issued $465 million senior unsecured convertible bonds for general purposes and to benefit from attractive yield. |
| Gulftainer planning $500m investments |
| Gulftainer, a closely-held port operator based in the UAE, plans to invest $500 million over two years as it expands in Russia and Saudi Arabia, the world’s two biggest oil producers. |
| Damac to start Bay Edge sales |
| UAB to offer door-to-door corporate banking soon |
| Biz Talk |
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| Gold faces more pressure as inflation stays tame |
| Gold prices are looking even more vulnerable after April’s price crash, as rampant inflation expected from successive rounds of monetary easing fails to materialise. |
| Technology |
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| Videogame console icon turns mobile play god |
| Videogame industry legend Peter Molyneux says the time is right for people to play God on smartphones. |
