NO. 38


Financial and Banking News

Regional Banking

Emirates Airlines Uses Only UAE Banks for Latest Aircraft Purchase

The surprising thing about Emirates airline's announcement on 10 June that ithad signed an agreement for a $64.5mn loan was the absence of Mitsubishi Bankfrom the list of banks involved in the deal. The airline's announcement mentioned only Emirates Bank International (EBI), Commercial Bank of Dubai, MiddleEast Bank, and Abu Dhabi Commercial Bank. Gulf...