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Last Updated: Wed, Oct 22 2014 | 2:41 PM |
UAE's rising cost of living is big concern for expats - HSBC
Politics & Economics»

UAE's rising cost of living is big concern for expats - HSBC

Wednesday, 22 October 2014 2:23 PM

Bahrain, Qatar and Oman are more popular destinations for expats than the UAE, according to HSBC survey

2
Saudi petchems firm plans sukuk investor meetings
Banking & Finance»

Saudi petchems firm plans sukuk investor meetings

Wednesday, 22 October 2014 2:05 PM

Advanced Petrochemical Co is turning to debt capital markets to take advantage of high liquidity in the Saudi investor market

Dubai's DIB says Q3 net profit jumps 55%
Banking & Finance»

Dubai's DIB says Q3 net profit jumps 55%

Wednesday, 22 October 2014 1:20 PM

Dubai Islamic Bank says performance boosted by rise in income from Islamic financing

Saudi's largest lender posts 7.8% rise in Q3 net profit
Banking & Finance»

Saudi's largest lender posts 7.8% rise in Q3 net profit

Wednesday, 22 October 2014 1:20 PM

National Commercial Bank has announced plans to convert into a fully-fledged Islamic bank in around five years

UAE lender ADCB posts 16.4% Q3 profit gain
Banking & Finance»

UAE lender ADCB posts 16.4% Q3 profit gain

Wednesday, 22 October 2014 12:14 PM

Increase was mainly down to a 35 percent year-on-year drop in impairments

Dubai's Emirates NBD Q3 net profit doubles to $424.7m
Banking & Finance»

Dubai's Emirates NBD Q3 net profit doubles to $424.7m

Wednesday, 22 October 2014 10:03 AM

Growth as a result of a resurgence in the Dubai economy, which has been boosted by a strengthening property market and a scaling down of debt troubles

Abraaj aims to seal deal soon for Saudi fast-food chain Kudu
Banking & Finance»

Abraaj aims to seal deal soon for Saudi fast-food chain Kudu

Tuesday, 21 October 2014 8:04 PM

Dubai-based private equity firm has been in exclusive talks for months to buy controlling stake

1
Shareholders of Kuwait's Global approve capital cut
Banking & Finance»

Shareholders of Kuwait's Global approve capital cut

Tuesday, 21 October 2014 7:57 PM

Move aims to draw a line under years of financial troubles for the firm caused by debt taken on during the boom years

Dubai's DIC expects two major asset sales within 18 months
Banking & Finance»

Dubai's DIC expects two major asset sales within 18 months

Tuesday, 21 October 2014 6:45 PM

Dubai International Capital to offload Doncasters, Almatis in bid to cover outstanding debt ahead of scheduled repayment

Oman studies ways to limit spending after oil price plunge
Politics & Economics»

Oman studies ways to limit spending after oil price plunge

Tuesday, 21 October 2014 4:48 PM

Government mulls spending curbs but insists it does not intend to cut infrastructure projects

Doha Bank posts 10% rise in nine-month net profit
Banking & Finance»

Doha Bank posts 10% rise in nine-month net profit

Tuesday, 21 October 2014 3:41 PM

Qatar's fifth-largest lender by assets says it made $302m profit in the year to September 30

Kuwait's Agility expects revenue rebound in 2015
Transport»

Kuwait's Agility expects revenue rebound in 2015

Tuesday, 21 October 2014 1:11 PM

Chief executive Tarek Sultan says emerging markets will drive revenue growth next year

Dubai's inflation rate hits highest level since May 2009
Politics & Economics»

Dubai's inflation rate hits highest level since May 2009

Tuesday, 21 October 2014 1:10 PM

New consumer price data reveals that housing and utility costs drive jump in inflation levels

2
Oman Oil in talks with US firm Occidental to buy its local assets
Energy»

Oman Oil in talks with US firm Occidental to buy its local assets

Tuesday, 21 October 2014 1:10 PM

CEO Isam al-Zadjali says waiting to hear from Occidental regarding specifics of potential sale

Millions stolen from UAE bank customers in ATM scam
Banking & Finance»

Millions stolen from UAE bank customers in ATM scam

Tuesday, 21 October 2014 1:09 PM

UAE Central Bank to urge banks to update their ATM machines after gang arrested by Dubai police


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