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Saturday, 21 November 2009 02:08 UAE time

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Tamweel, Amlak merger seen in Q1 2010

Tamweel, Amlak merger seen in Q1 2010

Banking & Finance
Tamweel's default rate had retreated from a peak of 3 percent recently - official.

  1. More UAE bank mergers predicted in 2010 - Ethos

StanChart to boost Mideast pvt banking business
Banking & Finance
Standard Chartered's private banking division to open offices in Qatar, Bahrain and Lebanon.

SocGen opens wealth management office Bahrain
Banking & Finance
CEO John Abraham to head office under investment firm licence from Bahrain's CBB.

More UAE bank mergers predicted in 2010 - Ethos
Banking & Finance
Consultancy firm MD says more to go ahead 'without any shadow of a doubt'.

more »MIDDLE EAST BANKING & FINANCE COMMENT

Where have all the optimists gone?
Damian Reilly's on the lookout for someone, anyone, who will tell him everything is going to turn out fine in 2010.

 Damian Reilly  

Banking on growth
Oliver Cornock says Oman's banking sector has weathered the financial storm better than most.

 Oliver Cornock

more » BUSINESS INTERVIEWS

The art of success

ARTOC chairman Shafik Gabr, one of the ME’s revered business leaders, explains why next year could be even tougher than the last.

It ain't over yet

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


more »OTHER MIDDLE EAST BUSINESS NEWS STORIES

Banking & Finance

  1. Tamweel, Amlak merger seen in Q1 2010

Construction & Industry

  1. Dubai plans start-up help for expat entrepreneurs

Culture & Society

  1. UAE announces Eid and National Day holidays

Education

  1. $5.34bn plan to build 3,200 new Saudi schools

Energy

  1. $4.4bn Abu Dhabi oil project contracts awarded

Healthcare

  1. Kuwait tops Mideast list for swine flu cases

Islamic Finance

  1. Moody's sees 50% surge in sukuk issuance this year

Media & Marketing

  1. Rupert Murdoch signs up to Abu Dhabi media summit

Personal Finance

  1. Credit bureaus combine to form regional group

Politics & Economics

  1. UAE will not drop US dollar peg – cenbank chief

Real Estate

  1. Dubai property market 'may take 10 years to rebound'

Retail

  1. UAE key market for new retailers - survey

Sport

  1. Westwood leads Race to Dubai at end of second day

Technology

  1. Paltel says deal with Kuwait's Zain is off

Transportation

  1. Somali pirates free UAE-owned cargo ship

Travel & Hospitality

  1. Dubai's Jumeirah Group plans hotels in Brazil

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more » BUSINESS FEATURES

The man who sold the world

Saatchi & Saatchi boss Kevin Roberts thinks the global economy cheerleaders are about to get a nasty shock.

Risky business?

A high-profile default is renewing debate about whether Sukuks are in fact equity-like instruments.


more »MIDDLE EAST BANKING & FINANCE EVENTS

UPCOMING EVENTS

  1. Effective Management Analysis & Operational Auditing
    2 November 2009 | Kuwait City, Kuwait
  2. Corporate Operational Audit Leadership Skills Program
    9 November 2009 | Kuwait City, Kuwait
  3. Estimating, Budgeting, Cost Control & Value Engineering
    16 November 2009 | Dubai, United Arab Emirates
See all events »

MORE BANKING & FINANCE STORIES

  1. UAE banks' Saad, Algosaibi exposure seen at $2.9bn
  2. Saudi banks' non-performing loans to rise - S&P
  3. Any Gulf bank mergers to focus on Kuwait, UAE - S&P
  4. UAE banks set aside AED4bn for bad loans in Q3
  5. Dubai cargo carrier launches $500m fund
All Banking & Finance news stories »

SPOT POLL

Do you think there are too many banks in the UAE?

Yes, there aren’t enough people to support them all, so there should be some mergers.
No, you need to have smaller banks, especially post financial crisis.
No, banks from certain countries, like India with a huge expat population here, are under represented.
Who cares, the service is terrible wherever you go.
ArabianBusiness.com/Jobs - Middle East Jobs Search
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    Location: Dubai, UAE
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    Industry: Healthcare
    Location: Abu Dhabi, UAE
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    Industry: Construction
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READER COMMENTS

Reader Comments (24 hrs)

  1. Where have all the optimists gone? 1
    20 Nov ' 09 at 06:49
    In times of recession - where demand is falling back in most sectors, the econmic forecasting as a tool is more to do in digesting the...   More  »

Read all user comments >

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