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Last Updated: Sat, Oct 25 2014 | 6:35 AM |
GCC salaries forecast to rise 5% on average in 2015
Banking & Finance»

GCC salaries forecast to rise 5% on average in 2015

Saturday, 25 October 2014 10:35 AM

New pay forecast data from Hay Group shows UAE workers will get biggest rises this year while Bahrain will see smallest

Kuwait's central bank aims to cut bad loans to 2% by end-2015
Banking & Finance»

Kuwait's central bank aims to cut bad loans to 2% by end-2015

Saturday, 25 October 2014 10:33 AM

Kuwaiti banks were hit hard by the debt problems of local investment firms during the global financial crisis

Kuwait's Alafco plans to spend $600m to buy new aircraft
Banking & Finance»

Kuwait's Alafco plans to spend $600m to buy new aircraft

Saturday, 25 October 2014 1:52 AM

Company's chief executive says thinking about partnering with firms in funds that own aircraft

Abu Dhabi state fund asks for more in $22bn Malaysia banking deal
Banking & Finance»

Abu Dhabi state fund asks for more in $22bn Malaysia banking deal

Saturday, 25 October 2014 1:52 AM

Sources say Aabar Investments is demanding a hefty premium for its minority stake in Malaysia's No 4 bank

Dubai's DED, TECOM ink deal to attract Design District investment
Retail»

Dubai's DED, TECOM ink deal to attract Design District investment

Friday, 24 October 2014 9:41 AM

Two entities to form teams and strategies to attract retailers, designers and entrepreneurs to d3 project

UAE credit bureau chief urges greater GCC collaboration
Banking & Finance»

UAE credit bureau chief urges greater GCC collaboration

Friday, 24 October 2014 9:41 AM

Marwan Ahmad Lutfi calls for strengthening communication, collaboration to improve approach to credit risk

Kuwait's Tijaria plans Turkish farmland investment
Banking & Finance»

Kuwait's Tijaria plans Turkish farmland investment

Friday, 24 October 2014 1:08 AM

Real estate company to partner with juice company to buy and market crops resulting from investment

Bahrain's Investcorp wants 30% rise in assets under management
Banking & Finance»

Bahrain's Investcorp wants 30% rise in assets under management

Friday, 24 October 2014 1:07 AM

Company chief sets target as more MidEast investors see private equity as way to diversify

Boosting a customer's credit card limit without consent is
GCC»

Boosting a customer's credit card limit without consent is "foolhardy", says Dubai banker

Thursday, 23 October 2014 3:58 PM

Mashreq Bank claims it holds quarterly examinations to ensure sales staff don’t mis-sell

1
Kuwait sovereign fund to resume selling stakes in local firms
Banking & Finance»

Kuwait sovereign fund to resume selling stakes in local firms

Thursday, 23 October 2014 12:14 PM

Holds a 24% stake in Kuwait Finance House & owns 24.6% of telco Zain

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

13
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


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