ArabianBusiness.com - Middle East Business News
Sunday, 07 September 2008 | 21:49 UAE time

YOUR DIRECTORY /

Algebra, Elaf Bank launch Islamic fund

Algebra, Elaf Bank launch Islamic fund

Banking & Finance
Firms launch $100mn vehicle to invest in securities in the Middle East, North Africa and Asia.

Merrill ups Abu Dhabi banks earnings forecast
Banking & Finance
Investment bank raises earning estimates on back of strong first half, booming outlook.

Forex firm staff slapped with five-year DIFC ban
Banking & Finance
GFS Investments fined $25,000, ordered to pay $500,000 compensation to customers.

Santander, Fenosa in talks over Cepsa stakes with IPIC
Banking & Finance
Combined shareholdings would give Abu Dhabi-owned IPIC 45% stake.


more »MIDDLE EAST BANKING & FINANCE COMMENT

Abu Dhabi steps out of the shadows
Trying to find a Man City shirt for our cover shoot took longer than Abu Dhabi spent buying the club.

Sean Cronin  

Smart investors ask, who's dumb now?
Every time financial markets become unhinged, there are calls to protect investors.

Michael Sesit

more ยป MIDDLE EAST MARKETS DATA

DFM

Last Price:

4,471.71

-217.46-4.64%

7 Sep 2008 10:00 GMT
(Market Closed)

ADX

Last Price:

4,149.57

-161.44-3.74%

7 Sep 2008 09:57 GMT
(Market Closed)

SSE

Last Price:

7,907.52

-137.27-1.71%

7 Sep 2008 11:59 GMT
(Market Closed)

CURRENCY CONVERTOR

more »OTHER MIDDLE EAST BUSINESS NEWS STORIES

more »MIDDLE EAST BANKING & FINANCE EVENTS

UPCOMING EVENTS

  1. IPO India Summit
    22 September 2008 | Mumbai, India
  2. Effective Budgeting And Cost Control
    5 October 2008 | Dubai, United Arab Emirates
  3. Effective Management Analysis & Operational Auditing
    6 October 2008 | Dubai, United Arab Emirates
See all events »

SPOT POLL

What do you think about the education system in the Gulf?

It's in crisis and urgent measures are needed to increase school places.
Education chiefs are more interested in making money than educating our children.
The standard of education has improved but more still needs to be done.
The local education system is as good as anywhere else in the world.

BUSINESS FEATURES

Investing in turmoil

Regional stock exchanges have had a tumultuous year making it difficult for investors to find value.

Crisis of the class of 2009

As Gulf school waiting lists lengthen, banks and private equity houses are investing billions in education.

Crackdown

Dubai is turning the screw on white-collar crime, with a string of dramatic high-profile arrests.

ArabianBusiness.com/Jobs - Middle East Jobs Search
  1. Accountant
    Industry: Finance
    Location: Dubai, UAE
  2. Regional Reputation and Risk Senior Manager
    Industry: Finance
    Location: Dubai, UAE
Browse all jobs »

BUSINESS INTERVIEWS

Having an invested interest

Jones Lang LaSalle Hotels chief executive Arthur de Haast looks at the region's investment opportunities.

The gate keeper

The DIFC's CEO reveals how the financial centre is coping with a new influx of arrivals fleeing distressed Western markets.

Earning from experience

AbdulRazak Ali Issa, of BankMuscat, outlines a selection of the company's diverse range of funds.

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