ArabianBusiness.com - Middle East Business News
Friday, 27 November 2009 01:53 UAE time

YOUR DIRECTORY /

Tuesday, 29 September 2009

65% of banks sign up to wage protection system

Banking & Finance
35 out of 54 banks in the UAE approved for new scheme that starts this week.

65% of banks sign up to wage protection system

New $250m fund to target UAE real estate projects

Banking & Finance
Property company Tasweek looking to invest in freezones in Dubai and Abu Dhabi.

New $250m fund to target UAE real estate projects

US turnaround firm to help crisis hit Dubai firms

Banking & Finance
Firm overseeing Lehman Brothers bankruptcy in talks with Dubai companies.


Kuwait's SWF eyes Italian investment opportunities

Banking & Finance
Kuwait Investment Authority chief in Rome for talks with companies, ministers.

Kuwait's SWF eyes Italian investment opportunities

Monday, 28 September 2009

GCC investors buy into UK’s Plus Markets Group

Banking & Finance
Special purpose vehicle takes 17.23% stake in London-based exchange operator.

GCC investors buy into UK’s Plus Markets Group

Libya eyes bank stake sale, to offer new licences

Banking & Finance
Privatisation part of wider objective to open up sector to competion via issuance of licences.

Libya eyes bank stake sale, to offer new licences

Saudi central bank says Saad in local debt deal

Banking & Finance
WRAPUP 1: Banks agree to a 15% haircut on outstanding debts as part of accord.

Saudi central bank says Saad in local debt deal

UAE's biggest banks face challenging times - Fitch

Banking & Finance
Rating agency says rising impairments can be absorbed by strong capital, revenues.

UAE's biggest banks face challenging times - Fitch

Gulf Bank CEO eyes start of recovery in 2010

Banking & Finance
Crisis-hit Kuwait bank also says exposure to Saad, Algosaibi would be contained, dealt with.

Gulf Bank CEO eyes start of recovery in 2010

Investor confidence in GCC rises in Sept - Shuaa

Banking & Finance
Regional sentiment report shows improvement for second month running.

Investor confidence in GCC rises in Sept - Shuaa

Outlook for Saudi banks stable, private firms a concern

Banking & Finance
Moody's says operating conditions remain tough, unlikely to downgrade banks.

Outlook for Saudi banks stable, private firms a concern

Dud cheque reports on the decrease - Dubai police

Banking & Finance
Senior official says drop in fake cheques is indication of improved economic conditions.

Dud cheque reports on the decrease - Dubai police

UAE banks' real estate exposure seen at 26%

Banking & Finance
New report says UAE exposure is highest in GCC, followed by banks in Bahrain - Markaz.

UAE banks' real estate exposure seen at 26%

Sunday, 27 September 2009

UAE cbank's new rate mechanism starts Oct 1 - report

Banking & Finance
Move by bank reflects desire to lower rates deemed too high and not reflecting market.

UAE cbank's new rate mechanism starts Oct 1 - report

NBAD, DVB launch aviation investment fund

Banking & Finance
Fund to invest principally in aircraft and engines on lease to international airlines.

NBAD, DVB launch aviation investment fund

UAE finance chiefs still in demand despite crisis

Banking & Finance
Recruitment survey also sees more firms hiring in 2010 as downturn eases.

UAE finance chiefs still in demand despite crisis

Investment Dar in new deal over restructuring

Banking & Finance
Kuwaiti company enters 'standstill agreement', appoints restructuring officer.

Investment Dar in new deal over restructuring

Investcorp chief top expat in Bahrain power list

Banking & Finance
Expats have secured three of the top ten places in the inaugural ranking.

Investcorp chief top expat in Bahrain power list

Saturday, 26 September 2009

NBK launches third KD Ijara fund

Banking & Finance
Third version of Sharia compliant fund, on offer to investors through October 11, set to run for 5 years.

NBK launches third KD Ijara fund

Bahrain SWF chief tops inaugural Power List

Banking & Finance
Mumtalakat CEO Talal Al Zain ranked No 1 in our first Bahrain Power List.

Bahrain SWF chief tops inaugural Power List

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SPOT POLL

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

Actually, I’ve reduced my spending on everything… food, clothes, going out – the lot.
I’ve swapped to non-brand food items, and always look for special offers, but that’s it.
No, I’m spending the same.
No way, it's champers and caviar for dinner every night!
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READER COMMENTS

Reader Comments (24 hrs)

  1. Deal sought on Dubai World, Nakheel debts 19
    26 Nov ' 09 at 20:13
    Red Devil/Sandjocky, I have also had several posts blocked over the past couple of days, posts that speak of the facts only as they...   More  »
  2. Off the peg 1
    26 Nov ' 09 at 18:06
    Given the news about the DW and Nakheel stand still, it is more important than ever for the Dirham to hang on to the peg, if it can...   More  »
  3. Arab youth SMEs turn to family finance 1
    26 Nov ' 09 at 10:44
    In a country like the UAE where the vast majority of the population and working professionals are expatriates, there should be...   More  »

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Gitex 2009

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