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Sunday, 05 July 2009 07:59 UAE time

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Qatar bank lending falls $4.2bn in Q1 - report

Qatar bank lending falls $4.2bn in Q1 - report

Banking & Finance
Qatar Central Bank figures reveal 7% drop in lending, compared to last quarter of 2008.

  1. Economist forecasts growth for Qatar economy

Saudi Alinma Bank opens first branches
Banking & Finance
Alinma had raised $2.8bn in an IPO last year; to compete with 11 Saudi banks & many foreign banks.

Bahrain's Gulf Finance House denies merger talks
Banking & Finance
Islamic investment bank not to merge with Kuwait's First Investment Bank.

Kuwait's CBK reduces activity of investment unit - paper
Banking & Finance
CBK lowers financial activity in CBK Capital due to the lack of investment opportunities.

more »MIDDLE EAST BANKING & FINANCE COMMENT

Mega-wealthy survivors have never had it so good
There has probably never been a better time to be mega-rich, Matthew Lynn argues.

 Matthew Lynn  

Bonus lust isn’t dead yet at banks on the dole
it’s uncool to gulp down huge bonuses at a time of historic losses, says Ann Woolner.

 Ann Woolner

more » MIDDLE EAST MARKETS DATA

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more »OTHER MIDDLE EAST BUSINESS NEWS STORIES

Banking & Finance

  1. Saudi Alinma Bank opens first branches
  2. Bahrain's Gulf Finance House denies merger talks

Construction & Industry

  1. UK contractors in Dubai must be paid - UK trade minister
  2. Saudi Qassim Cement mulls 100% bonus share issue

Culture & Society

  1. Abu Dhabi police in Dh7.34m drugs bust
  2. Dubai music chief mugged at knifepoint in Jo’burg

Education

  1. Some UAE private schools may start on time - paper
  2. UAE schools to extend hours amid late start - paper

Energy

  1. Kuwait needs oil majors to hit targets - minister
  2. Gasoline prices down on demand concerns

Healthcare

  1. Oman confirms fourth case of swine flu
  2. UAE confirms three new cases of swine flu

Islamic Finance

  1. Saudi Electricity set to sell more sukuk
  2. Islamic banks need to revamp business model - E&Y

Media & Marketing

  1. 'Newsweek' reporter faces Iran trial: lawyer
  2. Ibn Battuta Mall cinemas saw record weekend admissions

Personal Finance

  1. HSBC sees 'rapid increase' in customer 'skips'
  2. Car giant offers UAE's first free redundancy cover

Politics & Economics

  1. Dubai inflation slows to 5.4% in Jan-May '09
  2. Saudi exporters demand duty on Chinese imports

Real Estate

  1. Kuwait real estate sales fall to 5 month low
  2. Football, TV stars set up firm backed by Mideast investors

Retail

  1. Montblanc eyes further Gulf growth
  2. Abu Dhabi June gold sales up on summer buying spree

Sport

  1. What's happening at Wimbledon?
  2. Chelsea rejects Man City’s bid for captain Terry

Technology

  1. Vivendi chief declines comment on possible Zain bid
  2. Iran strips Zain of mobile licence - report

Transportation

  1. Abu Dhabi bans lorries during rush hour
  2. More bidders said interested in Porsche stake - report

Travel & Hospitality

  1. Dubai’s Palazzo Versace on track
  2. Mideast tourist numbers drop in Jan-Apr - report

more »MIDDLE EAST BANKING & FINANCE EVENTS

UPCOMING EVENTS

  1. Strategic Management of Computer Based Accounting & Business Information Systems (BIS)
    28 June 2009 | Dubai, United Arab Emirates
  2. Strategic Management of Computer Based Accounting & Business Information Systems (BIS)
    2 July 2009 | Dubai, United Arab Emirates
  3. Business & Financial Modelling Using Excel®
    5 July 2009 | Dubai, United Arab Emirates
See all events »

MORE BANKING & FINANCE STORIES

  1. UAE banks await central bank guidance
  2. UAE banks have $3bn exposure to Saudi firms - paper
  3. S&P cuts rating on Oman United Insurance
  4. GCC's financial sector recovery slows in June - Al Mal
  5. Legal concerns delay creation of new bank
All Banking & Finance news stories »

SPOT POLL

What do you think about predictions for the UAE real estate market?

It's already hit the bottom.
There's still another 20-30% correction to come.
It's now on the road to recovery.
Nothing's going to change until the end of the year.
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