Finance


ADCB may be owed $1.9bn by Dubai World - report
Third-largest lender in UAE refuses to comment on specifics of its talks with DW.
Cost of insuring Dubai's debt rises further
Credit default swaps jump on Thursday after gov't seeks standstill deal on debts.
Deal sought on Dubai World, Nakheel debts
UPDATE 3: Cost of insuring Dubai's debt against default soars, DP World not included in restructuring.
Arab youth SMEs turn to family finance
Lack of venture capital is hindering young Arab entrepreneurs - chairman of Young Arab Leaders.
Dubai raises further $5bn in bond sale
UPDATE 3: Amount raised will meet emirate's current needs and obligations - Dep't of Finance statement.
Aabar enters into $1.625bn loan agreement
UPDATE 1: Abu Dhabi firm borrows six-month loan for general commercial purposes.
UAE banks need to improve customer service - poll
Arabian Business survey reveals widespread criticism of banking sector services.
Islamic banks should target female market - report
Islamic banks 'well positioned' to take advantage of growing demand.
Abraaj Capital issue is fully subscribed
Firm completes $375m capital increase to shareholders, raises company's paid-in capital to $1.5bn.Dubai's Pharos launches $350m agricultural fund
Private equity firm announces fund to invest in agricultural projects.
UAE withdrew from monetary union for 'fundamental reasons'
Gulf monetary agreement did not consider the UAE banking sector - UAE Central Bank chief.
Emirates NBD has $350m Saudi exposure - chief
Gulf's biggest lender says its Q4 results will not be effected by exposure.
Dubai's Abraaj eyes property investments
PE firm's CEO says 2010 to be a significant investing year for private equity.
Emirates NBD launches bank’s new brand identity
Bank's branch signage, ATMs, marketing, sales & communication materials see change.
Dubai replaces head of DIFC
Omar Bin Sulaiman replaced from his post as governor of the Dubai International Financial Centre.
Tamweel, Amlak merger seen in Q1 2010
Tamweel's default rate had retreated from a peak of 3 percent recently - official.
SocGen opens wealth management office Bahrain
CEO John Abraham to head office under investment firm licence from Bahrain's CBB.
StanChart to boost Mideast pvt banking business
Standard Chartered's private banking division to open offices in Qatar, Bahrain and Lebanon.


