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Last Updated: Tue, Oct 21 2014 | 4:04 PM |
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

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

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

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

UAE bank customer to have access to credit reports by end of year
Banking & Finance»

UAE bank customer to have access to credit reports by end of year

Tuesday, 21 October 2014 1:08 PM

Newly launched Al Etihad Credit Bureau to assist financial institutions in loan decisions

StanChart to drop UAE SMEs with annual sales of less than $10m
Banking & Finance»

StanChart to drop UAE SMEs with annual sales of less than $10m

Tuesday, 21 October 2014 10:40 AM

The customers have been deemed “non-strategic businesses” by the UK lender

1
IBM to pay Abu Dhabi-backed Globalfoundries to take chip unit
Technology»

IBM to pay Abu Dhabi-backed Globalfoundries to take chip unit

Monday, 20 October 2014 2:46 PM

IBM says it will pay Globalfoundries $1.5bn in cash over the next three years to take the chip operations off its hands

UAE's FGB plans bond issue, to establish China office
Banking & Finance»

UAE's FGB plans bond issue, to establish China office

Monday, 20 October 2014 1:18 PM

First Gulf Bank chief also says he expects to post double-digit loan growth in the next 12 months

Abu Dhabi part of $2.2bn bid to buy Reebok
Retail»

Abu Dhabi part of $2.2bn bid to buy Reebok

Monday, 20 October 2014 10:33 AM

Investors are expected to argue that Reebok would do better if it were managed independently of Germany's Adidas

StanChart set to close bank accounts of thousands of UAE small businesses
Banking & Finance»

StanChart set to close bank accounts of thousands of UAE small businesses

Monday, 20 October 2014 9:25 AM

Central Bank said in August that up to 8,000 customers will be affected as part of the move to comply with US regulations

12
Gulf Capital's $750m fund to invest in 10-12 firms
Banking & Finance»

Gulf Capital's $750m fund to invest in 10-12 firms

Sunday, 19 October 2014 7:03 PM

Abu Dhabi-based buyout firm launches its third private equity fund after 92% of second fund was invested

Abu Dhabi bank says to boost security with voice biometrics
Banking & Finance»

Abu Dhabi bank says to boost security with voice biometrics

Sunday, 19 October 2014 3:33 PM

Abu Dhabi Commercial Bank says voice recognition will replace need for PINs, passwords and security questions

Q&A with Noor Bank
StartUp»

Q&A with Noor Bank

Sunday, 19 October 2014 3:07 PM

Kazim Ali, head of corporate banking at Noor Bank, discusses SME finance, managing growth, and risk assessment

Dubai judge approves liquidation of local Espirito Santo unit
Banking & Finance»

Dubai judge approves liquidation of local Espirito Santo unit

Sunday, 19 October 2014 1:34 PM

Portugal’s troubled Banco Espirito Santo was rescued by the state in August

Dubai's dnata gets nod to buy UK travel company
Banking & Finance»

Dubai's dnata gets nod to buy UK travel company

Friday, 17 October 2014 9:57 AM

Air services provider says it has received regulatory approval for its purchase of Stella Travel Services


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