ArabianBusiness.com - Middle East Business News
Tuesday, 14 October 2008 | 15:15 UAE time

YOUR DIRECTORY /

Gulf investors eye $172mn Canada project

Gulf investors eye $172mn Canada project

Banking & Finance
Consortium led by Kuwait investment bank reveals plan for Niagara development.

UAE to pump additional $19bn into financial system
Banking & Finance
UPDATE 2: Funds bring amount UAE devoted to fending off credit crunch to $32.7bn.

Kuwait lender seeks $600mn for Asia investments
Banking & Finance
Kuwait Finance House eyes move to buy ships, properties and company stakes.

JP Morgan takes DME stake
Banking & Finance
US bank joins likes of Goldman Sachs in acquiring equity stake in Dubai Mercantile Exchange.


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:

3,703.34

+359.78+10.76%

14 Oct 2008 09:59 GMT
(Market Closed)

ADX

Last Price:

3,602.45

+252.23+7.53%

14 Oct 2008 10:00 GMT
(Market Closed)

SSE

Last Price:

6,817.28

+452.05+7.10%

14 Oct 2008 10:58 GMT
(Market Open)

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

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.

Comeback kids

Arabian Business talks to Unicorn's CFO to discover why Islamic finance is now in higher demand than ever.

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