News, Middle East Banking & Finance News

Wednesday, 25 November 2009
updated 1 minute ago
19:46 UAE time

YOUR DIRECTORY /

Saturday, 10 October 2009

Qatari SWF unit becomes Songbird's top shareholder

Banking & Finance
Qatar Holding says it has become the largest shareholder in Songbird Estates.

Bahrain's GFH plans Oct $345m rights issue

Banking & Finance
Bahraini Islamic investment bank unveils rights issue offer price of $0.38 a share.

Friday, 09 October 2009

Dubai sees 2nd tranche of bond issue as soon as Oct

Banking & Finance
'October or November would be a reasonable date' - ruling council member.

SWFs spending falls 50% in Q2 - report

Banking & Finance
The world's sovereign wealth funds made 11 investments totalling $3.5bn in Q2.

Thursday, 08 October 2009

KIPCO bond response to encourage Kuwait issuers - BNP

Banking & Finance
$500m bond issued this week being seen as a significant indicator of investor appetite.

Emirates issues $413m bond to finance aircraft

Banking & Finance
Dubai-based carrier to finance three Boeing 777-300ER aircraft at a fixed rate of 3.465%.

Investors turned off by poor GCC corporate websites - study

Banking & Finance
Research shows many company websites in Gulf are putting would-be investors off.

Barclays Bank to join banks fixing UAE interbank rate

Banking & Finance
Barclays becomes the 4th foreign bank to join panel of 12 banks that comprises 8 local banks.

Qatar Nat'l Bank Q3 dips as fees down, provisions up

Banking & Finance
Net profit in 3 months to Sept 30 falls to $291.1m, represents 7.5% drop.

Kuwait firm eyes Asia farmland investments

Banking & Finance
Kuwait China Investment Co approaches govts, says no deals imminent.

Wednesday, 07 October 2009

Daimler Financial eyes $545m UAE financing to 2014

Banking & Finance
New company being set up with local distributors Al Fahim, Gargash Enterprises.

EFG-Hermes sees value in Middle East banks

Banking & Finance
UAE banking sector has seen sharp asset price deflation, but is in better shape than feared.

Tuesday, 06 October 2009

Kipco says $500m bonds successfully issued

Banking & Finance
Kuwait conglomerate receives thumbs up from investors as issue is 6X oversubscribed.

Al Sanea fails to overturn $9.2bn freezing order

Banking & Finance
UK High Court allows Saudi billionaire $4m a year spending money amid dispute.

Qatar set to buy further 5% of banks' capital

Banking & Finance
Banking sources welcome move announced by finance minister in TV interview.

Sunday, 04 October 2009

UAE calls for establishing regional stock market

Banking & Finance
Market would act as an alternative when global financial markets stop trading at time of crisis.

Mideast M&A activity slumps by 50% in Q3 - research

Banking & Finance
Number of merger, acquisition deals drops from 78 in previous quarter to just 39.

« Prev 1 2 3 4 5 6 7 8 9 10 Next »

SPOT POLL

Have you cut back your spending on groceries amid the downturn?

Section Manager Student Guidance
Industry: Other
Location: Abu Dhabi, UAE
Assistant Brand Manager
Industry: Healthcare
Location: Dubai, UAE
Traffic Engineer
Industry: Construction
Location: Abu Dhabi, UAE
General Accountant
Industry: Other
Location: Al Khobar, Saudi Arabia
Recruitment Consultant
Industry: Other
Location: Dubai, UAE

Browse all jobs »

CONTACTS
Advertise
Who's Who

READER COMMENTS

Reader Comments (24 hrs)

UAE banks need to improve customer service - poll 5
25 Nov ' 09 at 14:54
If you want the best way to avoid these harassing calls, follow these steps (this applies to Nokia phones):1) download the (free)... More »
More UAE bank mergers predicted in 2010 - Ethos 1
25 Nov ' 09 at 18:26
would like to see the following banks merge into 1 Dubai BankSharjah Islamic BankBank of SharjahAjman BankRAK BankNBFNBQOn their own,... More »

Read all user comments >