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Last Updated: Fri, Jul 31 2015 | 2:47 PM |
GFH Capital to buy 80% stake in Dubai private school
Banking & Finance»

GFH Capital to buy 80% stake in Dubai private school

Friday, 31 July 2015 9:05 AM

Invesment company says education sector is ripe for growth amid rising demand for world-class facilities

UAE's Q2 consumer confidence slips by most in six years
Banking & Finance»

UAE's Q2 consumer confidence slips by most in six years

Friday, 31 July 2015 1:17 AM

New Nielsen survey sees UAE retain title of Middle East's most optimistic nations but falls by seven points since Q1

1
NBAD sees government deposit outflow easing after $10bn H1 exit
Banking & Finance»

NBAD sees government deposit outflow easing after $10bn H1 exit

Thursday, 30 July 2015 10:00 AM

Major dollar liquidity squeeze in the UAE and the region due to lower oil sales and dollars moving to different markets, says CEO Alex Thursby

UAE's largest lender posts 1% rise in Q2 net profit
Banking & Finance»

UAE's largest lender posts 1% rise in Q2 net profit

Wednesday, 29 July 2015 5:14 PM

National Bank of Abu Dhabi makes net profit of $395m in the three months to June 30

Dubai regulator fines Arqaam over money laundering rules
Banking & Finance»

Dubai regulator fines Arqaam over money laundering rules

Wednesday, 29 July 2015 3:33 PM

Dubai-based investment bank is fined $50,000 after investigation into anti-money laundering rules

UAE credit growth expected around 2% in 2015 - Mashreq CEO
Banking & Finance»

UAE credit growth expected around 2% in 2015 - Mashreq CEO

Wednesday, 29 July 2015 1:58 PM

Abdul Aziz al-Ghurair also forecasts that UAE banking sector will see profits rise to about 10% this year

Dubai Islamic Bank Q2 net profit jumps 35%
Banking & Finance»

Dubai Islamic Bank Q2 net profit jumps 35%

Wednesday, 29 July 2015 12:19 PM

Bank made $246 million in the three months to June 30

‘Saturated’ property market forces Dubai realtor to go bust
Property»

‘Saturated’ property market forces Dubai realtor to go bust

Tuesday, 28 July 2015 10:50 AM

S&K Estate Agents files for bankruptcy at a loss of 80 jobs

9
RBS said to call off plan to sell UAE transaction services
Banking & Finance»

RBS said to call off plan to sell UAE transaction services

Monday, 27 July 2015 4:12 PM

Sources say Royal Bank of Scotland has ended talks with Abu Dhabi Commercial Bank to sell UAE business

flydubai denies talks with India's SpiceJet on stake deal
Transport»

flydubai denies talks with India's SpiceJet on stake deal

Monday, 27 July 2015 2:01 PM

Dubai-based low cost carrier refutes claims in Indian media linking it with move for airline stake

FDI into Arab states falls 8% - report
Politics & Economics»

FDI into Arab states falls 8% - report

Monday, 27 July 2015 12:38 PM

Foreign direct investment into Arab states is still 33% below pre-Arab Spring levels, according to a new report by an investment firm based in Kuwait

Dubai Holding unit seeking to sell stake in Maltese telco Go
Banking & Finance»

Dubai Holding unit seeking to sell stake in Maltese telco Go

Monday, 27 July 2015 10:46 AM

Emirates International Telecommunications also owns 20% of UAE telco du

ADIA in bid for $1.9bn Irish shopping centre portfolio
Banking & Finance»

ADIA in bid for $1.9bn Irish shopping centre portfolio

Monday, 27 July 2015 10:46 AM

The deal would be Abu Dhabi Investment Authority’s second investment in Irish real estate in as many weeks

Markets fall after oil hits four-month low
Markets»

Markets fall after oil hits four-month low

Sunday, 26 July 2015 7:18 PM

Brent and US crude futures posted their fourth straight weekly decline on Friday

UAE's First Gulf Bank Q2 net profit rises 8%
Banking & Finance»

UAE's First Gulf Bank Q2 net profit rises 8%

Sunday, 26 July 2015 6:17 PM

FGB made a net profit of $395 million for the three months to June, boosted by lending rise, dip in bad loans


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