<?xml version="1.0" encoding="utf-8"?>
<!-- generator="ArabianBusiness.com" -->
<rss version="2.0">
	<channel>
		<title>Arabianbusiness.com - Global Investment House - Kuwait</title>
		<description>ArabianBusiness.com - Business and Industry News coverage of the Middle East including Stock Markets, Events, Video and Audio.</description>
		<link>http://www.arabianbusiness.com/</link>
		<lastBuildDate>Fri, 27 Nov 2009 02:02:38 +0000</lastBuildDate>
		<generator>ArabianBusiness.com</generator>
		<image>
			<url>http://www.arabianbusiness.com/pictures/furniture/logo_arabianbusiness_rss.gif</url>
			<title>Arabianbusiness.com</title>
			<link>http://www.arabianbusiness.com/</link>
			<width>144</width>
			<height>16</height>
		</image>
		<language>en-gb</language>
		<copyright>ITP Digital Ltd. 2007</copyright>
		<webMaster>webmaster@arabianbusiness.com</webMaster>
		<pubDate>Fri, 27 Nov 2009 06:02:38 +0400</pubDate>
		<item>
			<title>Kuwait's Global posts $19.6m Q3 loss</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=572973&amp;Itemid=1</link>
			<description><![CDATA[Investment bank's losses narrow by 81%, says it needs to restructure estimated $1.75bn of debt.]]></description>
			<category>Banking &amp; Finance | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=572973&amp;Itemid=1</guid>
		</item>
		<item>
			<title>Kuwait's Global 'agrees deal' with creditors</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=571475&amp;Itemid=1</link>
			<description><![CDATA[Troubled investment firm's CEO says final agreement set to be inked by end of Nov.]]></description>
			<category>Banking &amp; Finance | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=571475&amp;Itemid=1</guid>
		</item>
		<item>
			<title>Oman inflation seen falling by 7-8% in 2009</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=566370&amp;Itemid=1</link>
			<description><![CDATA[New report says declining oil, food import prices will have 'major impact'.]]></description>
			<category>Politics &amp; Economics | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=566370&amp;Itemid=1</guid>
		</item>
		<item>
			<title>Kuwait’s Global may soon reach debt agreement - CEO</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=564394&amp;Itemid=1</link>
			<description><![CDATA[CEO says all documents required by lenders submitted; company awaits responses.]]></description>
			<category>Banking &amp; Finance | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=564394&amp;Itemid=1</guid>
		</item>
		<item>
			<title>Emirates NBD, Emaar push Dubai to seven-week high</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=564306&amp;Itemid=1</link>
			<description><![CDATA[UPDATE 10: Abu Dhabi index closes lower, as does Kuwait, Oman.]]></description>
			<category>Financial Markets | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=564306&amp;Itemid=1</guid>
		</item>
		<item>
			<title>Global Investment House slumps to $101m Q2 loss </title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=564262&amp;Itemid=1</link>
			<description><![CDATA[UPDATE 1: Kuwait firm misses analyst forecast that had been looking for a profit.]]></description>
			<category>Banking &amp; Finance | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=564262&amp;Itemid=1</guid>
		</item>
		<item>
			<title>UAE's NBQ says Global loses court bid over stake sale</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=563277&amp;Itemid=1</link>
			<description><![CDATA[Kuwait's Global Investment House cannot scrap $642.5m purchase in UAE bank.]]></description>
			<category>Banking &amp; Finance | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=563277&amp;Itemid=1</guid>
		</item>
		<item>
			<title>Kuwait's Global to double its capital 'in months'</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=561552&amp;Itemid=1</link>
			<description><![CDATA[Part of additional capital will be used to help meet bank's $3bn debt obligations.]]></description>
			<category>Banking &amp; Finance | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=561552&amp;Itemid=1</guid>
		</item>
		<item>
			<title>RLPC-Saudi loan restructuring to hit Gulf borrowing</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=560453&amp;Itemid=1</link>
			<description><![CDATA[Saad, Algosaibi troubles could crimp lending to Saudi, say banking sources.]]></description>
			<category>Banking &amp; Finance | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=560453&amp;Itemid=1</guid>
		</item>
		<item>
			<title>Kuwait's Global hikes capital amid financial crisis</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=558924&amp;Itemid=1</link>
			<description><![CDATA[Generating fee income, rather than conducting fire sales, is major aim as firm restructures.]]></description>
			<category>Banking &amp; Finance | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=558924&amp;Itemid=1</guid>
		</item>
		<item>
			<title>Global says bondholders agree to extend maturity</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=558797&amp;Itemid=1</link>
			<description><![CDATA[Agreement gives breathing space as company continues to restructure its debt.]]></description>
			<category>Banking &amp; Finance | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=558797&amp;Itemid=1</guid>
		</item>
		<item>
			<title>Bahrain bourse halts Global's sale of Salam stake</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=558566&amp;Itemid=1</link>
			<description><![CDATA[Dispute was over selling a stake in Salam Bank to an unidentified investor, Global says in a statement.]]></description>
			<category>Financial Markets | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=558566&amp;Itemid=1</guid>
		</item>
		<item>
			<title>Kuwait's Global posts Q1 loss of $240m</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=555725&amp;Itemid=1</link>
			<description><![CDATA[Investment house sees relative improvement after a major Q4 dive last year.]]></description>
			<category>Banking &amp; Finance | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=555725&amp;Itemid=1</guid>
		</item>
		<item>
			<title>Kuwait financial sector 'nearly stable'</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=555049&amp;Itemid=1</link>
			<description><![CDATA[Central bank governor says too early to tell whether it has totally overcome impact of global crisis.]]></description>
			<category>Banking &amp; Finance | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=555049&amp;Itemid=1</guid>
		</item>
		<item>
			<title>Kuwait's Global eyes capital hike after loss</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=553881&amp;Itemid=1</link>
			<description><![CDATA[Kuwait's biggest investment bank says losses on investments, loans caused $884m full-year net loss.]]></description>
			<category>Banking &amp; Finance | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=553881&amp;Itemid=1</guid>
		</item>
		<item>
			<title>Global Investment House posts FY loss</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=553767&amp;Itemid=1</link>
			<description><![CDATA[Focus on fee generating businesses as the troubled Kuwaiti investment bank swings to a full year loss.]]></description>
			<category>Banking &amp; Finance | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=553767&amp;Itemid=1</guid>
		</item>
		<item>
			<title>Kuwait's Global posts Q4 loss of $1.36bn</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=553755&amp;Itemid=1</link>
			<description><![CDATA[Impairment charges for investments and loans affects performance of Kuwait's biggest investment bank.]]></description>
			<category>Banking &amp; Finance | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=553755&amp;Itemid=1</guid>
		</item>
		<item>
			<title>Global Investment House makes cash payment to investors</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=553107&amp;Itemid=1</link>
			<description><![CDATA[Investors with the Global Mena Ijarah Real Estate Fund to receive distribution.]]></description>
			<category>Banking &amp; Finance | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=553107&amp;Itemid=1</guid>
		</item>
		<item>
			<title>NBQ asks Global Investment House to pay up</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=552657&amp;Itemid=1</link>
			<description><![CDATA[UAE bank seeks full payment fom Kuwait's GIH under stake purchase deal.]]></description>
			<category>Banking &amp; Finance | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=552657&amp;Itemid=1</guid>
		</item>
		<item>
			<title>'Worst over' for Kuwaiti banking sector</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=552372&amp;Itemid=1</link>
			<description><![CDATA[Q1 profits expected to decline year on year, but improve from losses in prior quarter.]]></description>
			<category>Banking &amp; Finance | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=552372&amp;Itemid=1</guid>
		</item>
		<item>
			<title>GCC cement firm earnings slump by 35%</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=551960&amp;Itemid=1</link>
			<description><![CDATA[Economic slowdown takes its toll on cement industry, according to new report.]]></description>
			<category>Construction &amp; Industry | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=551960&amp;Itemid=1</guid>
		</item>
		<item>
			<title>Kuwait bourse bans 36 firms from trading</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=551283&amp;Itemid=1</link>
			<description><![CDATA[Companies, including major investment firms, penalised for failing to publish their 2008 earnings on time.  ]]></description>
			<category>Banking &amp; Finance | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=551283&amp;Itemid=1</guid>
		</item>
		<item>
			<title>Kuwait bourse may halt 47 firms without earnings</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=551170&amp;Itemid=1</link>
			<description><![CDATA[Global Investment House and Investment Dar Co among companies facing stop.]]></description>
			<category>Financial Markets | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=551170&amp;Itemid=1</guid>
		</item>
		<item>
			<title>Global Investment sees lower '09 growth for Bahrain</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=549874&amp;Itemid=1</link>
			<description><![CDATA[Kuwait-based GIH sees Bahrain's growth rate at 2.5-3% on lower oil prices, global woes.]]></description>
			<category>Politics &amp; Economics | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=549874&amp;Itemid=1</guid>
		</item>
		<item>
			<title>Global Investment House to scale back operations</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=548603&amp;Itemid=1</link>
			<description><![CDATA[Troubled Kuwaiti firm to close some branches abroad and scale down investments.]]></description>
			<category>Banking &amp; Finance | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=548603&amp;Itemid=1</guid>
		</item>
		<item>
			<title>Kuwait bank freezes $152m in Global deposits</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=548410&amp;Itemid=1</link>
			<description><![CDATA[ Kuwait's GIH wants local bank to release deposits, frozen over loan dispute.]]></description>
			<category>Banking &amp; Finance | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=548410&amp;Itemid=1</guid>
		</item>
		<item>
			<title>Abyaar, Global agree to reschedule $153m loans</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=547698&amp;Itemid=1</link>
			<description><![CDATA[Real estate firm inks MoU with Kuwait's biggest investment bank to rejig short-term debt.]]></description>
			<category>Banking &amp; Finance | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=547698&amp;Itemid=1</guid>
		</item>
		<item>
			<title>Jordan ends freeze on Global's Jordan unit operations</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=547000&amp;Itemid=1</link>
			<description><![CDATA[Jordan regulator says unit of Kuwait's Global Investment House free to do business again. ]]></description>
			<category>Banking &amp; Finance | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=547000&amp;Itemid=1</guid>
		</item>
		<item>
			<title>Kuwait's Global offloads $17m stake</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=546852&amp;Itemid=1</link>
			<description><![CDATA[Kuwait's Global Investment House sells stake in Palestinian real estate firm as financial crisis bites.]]></description>
			<category>Banking &amp; Finance | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=546852&amp;Itemid=1</guid>
		</item>
		<item>
			<title>Kuwait's Global says reached deal with Jordan lender</title>
			<link>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=546574&amp;Itemid=1</link>
			<description><![CDATA[Investment house says Jordanian bank will release its assets seized by a local court.]]></description>
			<category>Banking &amp; Finance | News</category>
			<guid>http://www.arabianbusiness.com/index.php?option=com_content&amp;view=article&amp;id=546574&amp;Itemid=1</guid>
		</item>
	</channel>
</rss>
