ArabianBusiness.com - Middle East Business News
Tuesday, 02 December 2008 08:57 UAE time

YOUR DIRECTORY /

Merrill Lynch

Main Category: Commercial Bank
City : Dubai
Country : United Arab Emirates
Website: www.ml.com


* Helps you to create an " Email Alerts " for this company.

ALL STORIES LIST


Merrill gives Emaar AED3 price target

US bank gives Dubai developer 'neutral' rating due to market conditions turning for worse.

read more »

Merrill man predicts more turmoil

Merrill Lynch CEO, John Thain, gave his assessment of the global financial crisis and its impact in the Arabian Gulf to reporters in Dubai last month.

read more »

Merrill good long-term investment - Thain

CEO moves to calm concerns in Kuwait that gov't lost money from investment in US bank.

read more »

Merrill man predicts more turmoil

Merrill Lynch CEO John Thain gives his assessment of the global financial crisis and its impact in the Gulf.

read more »

Merrill turns to Gulf in face of US crisis

UPDATE 1: US bank to open Kuwait, Qatar offices, expand wealth management business, CEO says.

read more »

Gulf economic growth set to slow

Merrill Lynch cuts GDP growth forecasts for UAE, Saudi, Qatar and Kuwait due to global downturn.

read more »

On the seventh day, they worked, amid finance crisis

From Wall Street to Washington, the US credit crisis has claimed the leisurely weekend.

read more »

Commodities RIP as leverage disappears

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

read more »

Citigroup stake loses Kuwait $270mn

UPDATE 2: No loss from Merrill Lynch investment, up to $600mn profit from Visa stake, KIA MD says.

read more »

Central bankers dismiss US turmoil threat

UPDATE 2: Governors say no serious impact from Lehman, Merrill Lynch troubles in Gulf.

read more »

Lehman collapses, Merrill taken over

US investment banks become latest victims of deepening financial crisis on Wall Street.

read more »

Bad news bears see no value in value

Who would be a stock picker in the Gulf? Despite the market's downward direction analysts tell us there's value to be had out there.

read more »

UAE inflation surges to 13% - Merrill

Housing and food costs drive inflation up in H1, but economic slowdown in H2 to provide some relief.

read more »

Merrill ups Abu Dhabi banks earnings forecast

Investment bank raises earning estimates on back of strong first half, booming outlook.

read more »

Wealthy kids to get lessons in finance

Merrill Lynch investment bank plans to teach children how to make most of money they inherit.

read more »

Analysts predict end to dollar peg

Experts say UAE, Qatar currencies will appreciate by 5% by year-end if policy changes.

read more »

Gulf cashing $1bn a day from record oil prices

Six Gulf states to bank $360bn in 2008 to add to $750bn made over last five year - Merrill.

read more »

KIA defends Citi, Merrill investments

Kuwait wealth fund under fire from local media and parliament for investing $5bn in banks.

read more »

Mideast super-rich soar on record oil revenues

Region's millionaires jump 15.6% to around 400,000, while wealth hits $1.7tn - Merrill.

read more »

Merrill shifts top banker to Dubai

15-year veteran Amir Sadr appointed MD of investment bank's regional wealth management division.

read more »

Merrill ups GCC growth forecast

Rising oil prices, high growth in non-oil sectors sees advisory firm up yearly growth forecast to over 6%.

read more »

Qatar labels Merrill depeg report 'baseless'

Finance Minister Kamal says no truth in report Gulf state to ditch dollar peg within six months.

read more »

US green light for Gulf currency reform

UAE and Qatar are likely to move to currency basket in next few months, says Merrill report.

read more »

Subprime woes hit Arab Banking

Bahrain bank aims to raise $1bn in share sale after reporting second quarterly loss on risky US investments.

read more »

100% pay rise for expats

UAE emirate Umm Al Qaiwain considering unprecedented pay hike amid growing concern over inflation.

read more »

New rich of India

A new generation of wealth from India is attracting the attention of the world's biggest banks.

read more »

Funds invest $24.4bn last two months

Investment made by sovereign wealth funds almost half volume invested in 2007, data shows.

read more »

Paying the price

As Gulf policymakers find ways to curb rampant inflation, economists are warning against price controls.

read more »

$60bn Qatar fund to shun US banks

But European lenders likely to see $15bn of investments over next two years, says prime minister.

read more »

West's funding fears 'irrational' - minister

Concerns over sovereign wealth funds shows 'nationalistic backlash' says Singapore official.

read more »

Is it time to ditch the dollar peg?

De-pegging against the dollar may be the best and only way to combat inflation, and secure the region's economic boom.

read more »

Families to suffer as global food crunch sends prices soaring

Cost of basic foods will continue to rise due to demand from emerging markets.

read more »

Gulf businesses take inflation hit

62% of companies badly affected, with costs rising faster than they can be passed on to customers.

read more »

Recession will not kill off US oil demand

Economic slowdown will have only small impact on demand from world's largest oil consumer, Merrill says.

read more »

Qatar studying dollar peg - official

Economic advisor to Gulf state's ruler says pegging riyal to one currency has 'many disadvantages'.

read more »

UAE inflation in danger of hitting 12% this year

Gulf states' peg to US dollar likely to drive inflation up in 2008, Merrill Lynch warns.

read more »

Subprime crisis to hit Gulf banks' earnings

Regional banks who thought investments were safe discovering underlying assets subprime, bankers say.

read more »

Kuwait steps in to sure up Citigroup and Merrill

Kuwait Investment Authority to invest $3bn in Citigroup and $2bn in Merrill.

read more »

Sovereign funds in spotlight as US banks come calling

Citigroup and Merrill Lynch seeking extra funding in wake of subprime crisis.

read more »

Merrill seeking $4bn, Kuwait to be signficant investor

Kuwait Investment Authority likely to be latest Gulf fund to take stake in US bank.

read more »

Robin Lohmann: Living life with passion

Alternative Capital Invest (ACI) is one of Germany's most established asset management firms. The group founded the Dubai-based ACI Real Estate in 2004. Amy Glass meets managing director Robin Lohmann to discuss Dubai opportunities and his firm's mantra: location, location, location.

read more »

Gateway to China

Can Hong Kong work as an investment platform into the world's most populous nation for Middle East investors?

read more »

Agribusiness set to blossom thanks to biofuels indices

The demand for renewable fuel is set to surge, and Merrill Lynch has taken notice.

read more »

Investment Dar may sell shares to Merrill

Kuwaiti firm considering sale as part of plans to raise its share capital by up to 30%, report says.

read more »

Why we'll never forget July 1

James Bennett explains why July 1 is one of the most significant moments in the GCC's 26-year history.

read more »

Money money money

What affect the growing number of millionaires in the region is having on the wider economy.

read more »

Saudi lags behind UAE in wealth growth

There are now 68,100 millionaires in the Emirates, with a 15.4% growth rate outstripping that of KSA and the rest of the world.

read more »

Why the Saudis are being left behind

"They don't know what they're doing. They don't do any homework. They don't do proper research."

read more »

Growth in individual wealth to soar

Merrill Lynch says growth in Middle East wealth will outstrip that of the rest of world.

read more »

Merrill Lynch gets Saudi Licence

World's largest brokerage has been granted a licence to operate in Saudi Arabia.

read more »

MENA mortgage market set to grow

But the region must also develop finance options to meet diverse housing needs, report says.

read more »

Marketing the market

Arabian Business reports on why last week's investor conference in London could be just the beginning of the DFM's global drive for institutional investors.

read more »

Bahrain says currency union on track

Finance Minister says that a proposal for the mechanisms of a single currency will be agreed in June.

read more »

King of the road

Bentley's regional director meets Andrew Mernin and reveals his route plan for the Mideast and beyond.

read more »

Merrill Lynch appoints ME Director

Global Private Client group resident director named.

read more »

The wealth doctor

Soha Nashaat tells Alexandra Dubsky how, after an international career in banking, she found her niche in the Middle East.

read more »

Merrill launches 'hedonism' index

The Merrill Lynch LifeStyle Index will feature fashion trendsetters and high-end automobile companies.

read more »

Merrill Lynch clinches DIFC license

The company will use its expanded Dubai base to bolster its Islamic financial services operations.

read more »

GCC's $150bn spend on infrastructure

New report predicts massive investment in road, electricity and water projects over the next three years.

read more »

Brokerage leader invests in LNG production facilities

Merrill Lynch, along with other US investment firms, sees potential to make money from

read more »

Whole world in his hands

James Bennett meets one of the youngest, most powerful and fastest rising Arab bankers on the planet and learns why in just six years he has already become a financial legend

read more »


EMIRATES ID DOWNLOAD

READER COMMENTS

  1. UAE blocks low-paid workers from driving - report 16
    01 Dec ' 08 at 18:53
    Are the authorities considering Nurses as menial workers? No wonder then that large numbers of Graduate Nursing professionals are...  More »
  2. $95bn Satwa redevelopment delayed 3
    01 Dec ' 08 at 21:09
    You suggest Jumeira Gardens will stretch 150kms south of Shk Zayed Road. That would take you well into Abu Dhabi.I don't think even...  More »
  3. Property correction sooner, steeper than anticipated 3
    01 Dec ' 08 at 17:00
    I saw when people went from poor to rich in this country in a matter of weeks, i saw the rich getting poor agian in a matter of...  More »
Read all user comments >

BUSINESS FEATURES

Science of success

Sir Christopher Evans on his new venture, where he aims to make Qatar a regional centre for medical science.

Time-honoured winners

Arabian Business profiles the winners of the 2008 Rolex Awards for Enterprise held in Dubai.

Caught in the trap

With repossessions looming large on the horizon, Alex Delmar-Morgan reports on what the banks need to do.

BUSINESS INTERVIEWS

Catch me if you can

EXCLUSIVE: Former Thai prime minister Thaksin Shinawatra talks to Arabian Business about what he plans to do next.

JP Morgan seeks growth in KSA market

Ghassan Abdul Karim explains why the kingdom is a crucial part of the company jigsaw in the Gulf.

A gem of a guy

Sevan Biçakçi's dreams of being an Ottoman Sultan's concubine has inspired his jewelry pieces.

MORE FROM ARABIANBUSINESS.COM