ArabianBusiness.com - Middle East Business News
Thursday, 16 October 2008 | 04:07 UAE time

YOUR DIRECTORY /

CBQ sees profit jump 36%

CBQ sees profit jump 36%

Banking & Finance
UPDATE 1: Commercial Bank of Qatar posts Q3 net income of $143.8mn, at low end of forecasts.

Saudi Hollandi seeking $400mn in Islamic funds
Banking & Finance
Move draws admiration but interbank market 'slightly better' option, says analyst.

Waha to significantly boost $5.5bn investment plan
Banking & Finance
Abu Dhabi investment firm to focus on real estate despite tightening credit conditions.

UAE's Union National Bank Q3 profits double
Banking & Finance
Abu Dhabi bank reports quarterly net profit of $166mn way ahead of forecast.


more »MIDDLE EAST BANKING & FINANCE COMMENT

Extreme inspiration
Surviving the world's harshest terrains and exploring remote territories is what Sir Ranulph Fiennes does best.

Rob Morris  

The Gulf can run but it can't hide from market forces
The region's banks may have been feeling quite smug until these last few days.

Sean Cronin

more » MIDDLE EAST MARKETS DATA

DFM

Last Price:

3,427.87

-275.47-7.44%

15 Oct 2008 09:59 GMT
(Market Closed)

ADX

Last Price:

3,525.82

-76.63-2.13%

15 Oct 2008 09:59 GMT
(Market Closed)

SSE

Last Price:

6,863.15

+34.19+0.50%

15 Oct 2008 12:30 GMT
(Market Closed)

CURRENCY CONVERTOR

more »OTHER MIDDLE EAST BUSINESS NEWS STORIES

SPOT POLL

What do you think about the two plans to build the world's tallest towers in the Gulf?

It's fantastic news and will continue to put the region on the world map.
They are good ideas and will create thousands of new jobs.
At a time of global crisis, it's inappropriate to be planning such a structure.
I doubt they will ever see the light of day!

BUSINESS FEATURES

Banking on Bahrain's success

GBCorp's offices have some of the best views in the kingdom, in the heart of Bahrain's financial hub.

Commodities RIP as leverage disappears

Commodities markets are heading for the biggest annual decline since 2001 as investors exit.

Savers 'slice and dice' to keep cash safe

Jean Davis wonders how she’s going to keep her inheritance safe as banks topple across Europe.

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BUSINESS INTERVIEWS

Eyeing African investments

Wessel Witthuhn of IFA discusses the company’s on-going hospitality investment plans in the region.

Why there's life after Lehman

As global markets go into freefall, where will sovereign funds be looking next? Makram Azar explains.

The iron lady

Global Investment's Maha Al Ghunaim on the Gulf's ability to come through the global financial crisis intact.

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