ArabianBusiness.com - Middle East Business News
Sunday, 08 November 2009 12:20 UAE time

YOUR DIRECTORY /

Bahrain cenbank suspends real estate caps - sources

Banking & Finance
CBB had put a 30% cap on share of real estate financing that Bahrain's banks can hold.



Friday, 06 November 2009

Saad unit lenders meet, liquidators appointed

Banking & Finance
Banks seek repayment of a loan of up to $2.8bn taken out in 2007 by SICL.

Saad unit lenders meet, liquidators appointed

PE firms critical for transparency in Gulf family-owned cos

Banking & Finance
Transparency is 'not in the genes here' - Dubai Financial Services Authority chief exec.


Night to remember

Banking & Finance
CEO Middle East gathers together the region’s top executives to celebrate its annual awards ceremony.

Night to remember

Thursday, 05 November 2009

Oman banks' 9-month profits slid 6.9% - cenbank

Banking & Finance
The combined net profit of the sector dropped to OR194.9m ($506.2m) in the Jan-Sept period compared YoY.

Oman banks' 9-month profits slid 6.9% - cenbank

Dubai debt 'attractively priced' - Barclays Capital

Banking & Finance
Company tells clients to buy Dubai bonds, citing emerging signs of recovery, gov't support.

Dubai debt 'attractively priced' - Barclays Capital

UAE's Mubadala leads way on Q3 transparency

Banking & Finance
New SWF index gives Abu Dhabi fund top marks but Oman languishes at bottom.

UAE's Mubadala leads way on Q3 transparency

Leading investment house sees profits falling 15%

Banking & Finance
ARTOC Group chief says decline due to slowdown in markets but revenues to rise.

Leading investment house sees profits falling 15%

Prosecutors vow to hunt Istithmar World fraudster

Banking & Finance
Former senior exec pleads his innocence but UAE officials mull extradition process.

Prosecutors vow to hunt Istithmar World fraudster

Wednesday, 04 November 2009

Istithmar World senior manager jailed for five years

Banking & Finance
Judge hands down toughest sentence yet amid Dubai's crackdown on corruption.

Istithmar World senior manager jailed for five years

Tuesday, 03 November 2009

No Saudi interest rate change in Q3 - central bank

Banking & Finance
SAMA says rate cut unnecessary to spur lending, held at 2% amid declining inflation.

No Saudi interest rate change in Q3 - central bank

Monday, 02 November 2009

Mashreq expands operations to Kuwait

Banking & Finance
UAE bank's arrival in Kuwait City part of growth plan, MENA branches now total 94 - CEO.

Mashreq expands operations to Kuwait

Saudi Arabia calls for strict banking regulations

Banking & Finance
Finance chief also says conservative lending regime needed prior to G20 regulation debate.

Saudi Arabia calls for strict banking regulations

Sunday, 01 November 2009

Shuaa Capital posts $73.2m Q3 loss

Banking & Finance
Dubai financial services firm chief says it has hired consultancy to help restructuring, form new strategy.

Shuaa Capital posts $73.2m Q3 loss

Senior banker warns UAE job cuts may not be over

Banking & Finance
Standard Chartered consumer banking chief says country 'not out of the woods yet'.

Senior banker warns UAE job cuts may not be over

Thursday, 29 October 2009

Mashreq's Q3 net profit falls by 42%

Banking & Finance
UPDATE 1: Dubai's second largest bank by market cap says decline due to rise in loan provisions.

Mashreq's Q3 net profit falls by 42%

Wednesday, 28 October 2009

Cairo-based Citadel sets up investment funds

Banking & Finance
Company has invested $600m of own money into Mideast, East Africa-focused funds. 

Cairo-based Citadel sets up investment funds

RAK Bank posts 10% jump in Jan-Sept net profit

Banking & Finance
Ras Al Khaimah bank says increase due to growth in loans, mortgages, credit cards.

RAK Bank posts 10% jump in Jan-Sept net profit

Tuesday, 27 October 2009

Al Mal keeps short-term underperform on UAE's ADCB

Banking & Finance
Broker expects non-performing loans at Abu Dhabi Commercial Bank to continue to rise.

Al Mal keeps short-term underperform on UAE's ADCB

National Bank of Abu Dhabi posts 41% rise in Q3 profit

Banking & Finance
The Abu Dhabi-based lender posted a third quarter net profit of AED914m ($248.8m).

National Bank of Abu Dhabi posts 41% rise in Q3 profit

 « Prev  1  2  3  4  5  6  7  8  9  10  Next » 

SPOT POLL

What do you think about the offer of free legal advice to people caught in Dubai property disputes?

Amid the real estate gloom, this is the best news for months and will improve transparency.
This is a good move and should redress the imbalance between investor and developer.
By offering a free service, it will just encourage people to abuse the complaints system.
It's too little, too late and I doubt many people will actually qualify for the free advice.
ArabianBusiness.com/Jobs - Middle East Jobs Search
  1. Client Manager
    Industry: Finance
    Location: Abu Dhabi, UAE
  2. Business Controller
    Industry: Finance
    Location: Kuwait, Kuwait
  3. Financial Controller
    Industry: Finance
    Location: Cairo, Egypt
  4. Business Controller
    Industry: Finance
    Location: Dubai, UAE
  5. PAYROLL ACCOUNTANT (Dubai Based)
    Industry: Finance
    Location: Dubai, UAE
Browse all jobs »

READER COMMENTS

Reader Comments (24 hrs)

  1. Dubai debt 'attractively priced' - Barclays Capital 2
    07 Nov ' 09 at 21:52
    Given the presence of Barclays here can we trust their arms length status ? do we really think banks like Barclays are giving a...   More  »

Read all user comments >

Gitex 2009

MORE FROM ARABIANBUSINESS.COM