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AML Officer
Industry: Finance
Location: Dubai, UAE -
Energy Account Executive
Industry: Finance
Location: Dubai, UAE
Saudi prince ups stake in US banking giant
Banking & Finance
Prince Alwaleed bin Talal to increase stake in Citigroup to 5%, shares rise as a result.
Thursday, 20 November 2008
Lenders ramp up interest rates on home loans
Banking & Finance
Banks in the UAE increase mortgage rates by as much as 2.5% as cost of borrowing rises.
Kuwait introduces new repurchase deals
Banking & Finance
Central bank's move to revamp monetary policy tools in effort to boost investor confidence.
Wednesday, 19 November 2008
Finance still most popular jobs sector: survey
Banking & Finance
Regional questionaire shows respondents from UAE, Kuwait and Jordan in agreement.
Amlak suspends new mortgage loans
Banking & Finance
Dubai-based Islamic lender says move is temporary, may also need to access retail deposits.
UAE to assess if $19bn facility enough for banks
Banking & Finance
Government will have disbursed $13.6bn by the end of next week, says official.
Iran mulls $1bn international bond issue
Banking & Finance
Islamic Republic tries to raise money in difficult financial climate against sanctions backdrop.
First Gulf in share buyback
Banking & Finance
Abu Dhabi lender initiating buyback of 10% of its shares, which have fallen more than 40% this year.
Tuesday, 18 November 2008
No plan to sell LSE stake: Borse Dubai
Banking & Finance
State-controlled company's 20.6% stake 'very strategic' despite mounting $4.6bn of debt.
Barclays aims to head off Mideast stake revolt
Banking & Finance
British bank offers shareholders a slice of the proposed $8.7bn capital injection.
RAK Bank tops UAE retail banking survey
Banking & Finance
Winners and losers revealed in fourth annual survey by independent research group.
Monday, 17 November 2008
Russia's Pharos fund sets up shop in Dubai
Banking & Finance
First Russia-focused fund to join Dubai International Financial Centre, says its founder.
Kuwaits's Global Investment House cancels $410mn loan
Banking & Finance
Decides not to proceed with acquisition of 20% stake in National Bank of Umm Al-Quwain.
Kuwait's Gulf Bank in $1.4bn capital hike after shock loss
Banking & Finance
Entire board resigns as state fund agrees to mop up any shares left unsubscribed.
More banks curb lending to low wage earners
Banking & Finance
Banks across UAE hike minimum monthly salary needed to qualify for personal loan.
Advisors urge 'no' vote on Mideast stake in Barclays
Banking & Finance
Corporate governance group PIRC opposes proposed $7.4bn fundraising plan.
AED25k a month salary to get loan with Lloyds
Banking & Finance
EXCLUSIVE: British lender hikes minimum monthly wage needed to qualify for loan.
UAE mortgage lending almost doubled in H1
Banking & Finance
Latest central bank figures reveal massive increase in year to June.
Bank introduces online Salik payments system
Banking & Finance
Dubai Islamic Bank offers new service to customers after agreement with RTA.
Sunday, 16 November 2008
Ex-World Bank chief warns GCC not immune from crisis
Banking & Finance
Says education and employment pose major challenges to the Arab countries.
SPOT POLL
Following the temporary closure of Kuwait Stock Exchange, what do you think the future holds for Gulf markets?




