ArabianBusiness.com - Middle East Business News
Saturday, 07 November 2009 13:40 UAE time

YOUR DIRECTORY /

Bahrain cenbank suspends real estate caps - sources

Bahrain cenbank suspends real estate caps - sources

Banking & Finance
CBB had put a 30% cap on share of real estate financing that Bahrain's banks can hold.

Saad unit lenders meet, liquidators appointed
Banking & Finance
Banks seek repayment of a loan of up to $2.8bn taken out in 2007 by SICL.

PE firms critical for transparency in Gulf family-owned cos
Banking & Finance
Transparency is 'not in the genes here' - Dubai Financial Services Authority chief exec.

Oman banks' 9-month profits slid 6.9% - cenbank
Banking & Finance
The combined net profit of the sector dropped to OR194.9m ($506.2m) in the Jan-Sept period compared YoY.

more »MIDDLE EAST BANKING & FINANCE COMMENT

The tipping scandal
Forget Damas, Dubai Properties et al, Damian Reilly says there's one scandal you can do something about.

 Damian Reilly  

2009: An awful year for everyone
Unless your name is Jenson Button, 2009 has been an annus horribilis for pretty much everyone, says Damian Reilly.

 Damian Reilly

more » BUSINESS INTERVIEWS

It ain't over yet

Dr Eckart Woertz, one of the Gulf’s most influential economists, is predicting a ‘nasty surprise’ in 2010.

Breaking the glass ceiling

MZ Investments CEO, Shahira Zeid tells Arabian Business why women and a more educated workforce are key to the future.


more »OTHER MIDDLE EAST BUSINESS NEWS STORIES

Banking & Finance

  1. No Saudi interest rate change in Q3 - central bank

Construction & Industry

  1. Qatar fertiliser firm ups output, eyes South America

Culture & Society

  1. UAE to be among topmost tourist hubs in 5 years - survey

Education

  1. 35% say Arabic, Islamic studies key for UAE schools

Energy

  1. Foreign firms eye Oman power plant plans

Healthcare

  1. Kuwait's swine flu death toll rises to 19

Islamic Finance

  1. Islamic bank assets up 29% - survey

Media & Marketing

  1. EXCLUSIVE: Etihad, Aldar ordered to pay Force India damages

Personal Finance

  1. UBS sees UAE's rich list growing by 11% in 2010

Politics & Economics

  1. UAE, Saudi among US's top arms buyers in 2009

Real Estate

  1. New committee to rule on real estate sector dud cheques

Retail

  1. Dubai Aquarium sees 1.5m-plus paid visitors in first year

Sport

  1. Alinghi propose Australia to host next America's Cup

Technology

  1. BSNL to go direct to Zain if consortium talks fail

Transportation

  1. Dubai's Floating Bridge to stay for 5 more years – paper

Travel & Hospitality

  1. Emirates to add 17 flights to Asia Pacific routes

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more » BUSINESS FEATURES

A second crash?

Amid signs that green shoots are beginning to wilt, investors are worrying that global bourses may be headed for a crash.

Dubai’s debt move

Investors anxiously await the fate of Nakheel’s $3.5bn sukuk, & the next installment of Dubai’s $10bn bailout fund.


more »MIDDLE EAST BANKING & FINANCE EVENTS

UPCOMING EVENTS

  1. Effective Management Analysis & Operational Auditing
    1 November 2009 | Dubai, United Arab Emirates
  2. Effective Management Analysis & Operational Auditing
    2 November 2009 | Kuwait City, Kuwait
  3. Corporate Operational Audit Leadership Skills Program
    8 November 2009 | Dubai, United Arab Emirates
See all events »

MORE BANKING & FINANCE STORIES

  1. Dubai debt 'attractively priced' - Barclays Capital
  2. UAE's Mubadala leads way on Q3 transparency
  3. Leading investment house sees profits falling 15%
  4. Prosecutors vow to hunt Istithmar World fraudster
  5. Istithmar World senior manager jailed for five years
All Banking & Finance news stories »

SPOT POLL

What do you think about the offer of free legal advice to people caught in Dubai property disputes?

Amid the real estate gloom, this is the best news for months and will improve transparency.
This is a good move and should redress the imbalance between investor and developer.
By offering a free service, it will just encourage people to abuse the complaints system.
It's too little, too late and I doubt many people will actually qualify for the free advice.
ArabianBusiness.com/Jobs - Middle East Jobs Search
  1. Financial Analyst - MS ACCESS SPECIALIST
    Industry: Finance
    Location: Dubai, UAE
  2. Underwriting Manager
    Industry: Finance
    Location: Riyadh, Saudi Arabia
  3. Group Controller -Media Industry
    Industry: Finance
    Location: Abu Dhabi, UAE
  4. Audit Manager
    Industry: Finance
    Location: Dubai, UAE
  5. Operations Manager
    Industry: Finance
    Location: Dubai, UAE
Browse all jobs »

READER COMMENTS

Reader Comments (24 hrs)

  1. The tipping scandal 13
    07 Nov ' 09 at 11:53
    I think the readers get what they want in the manner a performing seal gets another fish if it claps loud enough, judging by the...   More  »
  2. Dubai debt 'attractively priced' - Barclays Capital 1
    06 Nov ' 09 at 22:10
    Dubai bashers, any comments ?   More  »
  3. Prosecutors vow to hunt Istithmar World fraudster 1
    06 Nov ' 09 at 21:35
    No need to have Jaubert back, he and Dubai World are trading lawsuits in the US, so, Nathan, an expatriate himself, can trust the...   More  »

Read all user comments >

UPCOMING ISSUE


 

Gitex 2009

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