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Executive Director - DCM
Industry: Finance
Location: Middle East -
VP Corporate Finance
Industry: Finance
Location: Bahrain
Retailers, banks under fire over consumer spending
Personal Finance
Abu Dhabi warns culture of consumerism could seriously dent UAE's economic growth.
Saturday, 28 June 2008
Homeowners compensated for roadworks
Personal Finance
Over 1,000 citizens affected by road development projects of Sharjah to get payout.
Tuesday, 24 June 2008
Kuwait passes $1.9bn consumer debt relief
Personal Finance
Parliament votes to increase state fund despite central bank warnings to curb spending.
Expats bear brunt of housing inflation
Personal Finance
Abu Dhabi expatriates pay twice as much of income on housing than nationals, gov't report finds.
Kuwait raises wages in inflation fight
Personal Finance
Gulf state boosts salaries, increases size of fund helping struggling Kuwaitis repay personal debt.
Saturday, 21 June 2008
Consumer loans surge $1.36bn during Q1
Personal Finance
Loans in UAE reach $13.18 billion as Gulf state struggles to contain record inflation.
Monday, 09 June 2008
Bahrain to subsidise marriage as cost of living spirals
Personal Finance
Parliament approves proposal to give Bahraini men $8,000 marriage bonus.
Sunday, 08 June 2008
Thousands of teachers to receive housing subsidies
Personal Finance
Abu Dhabi approves housing allowance scheme in face of soaring rental prices.
Wednesday, 04 June 2008
Consumers call on banks to stop hoarding rate cuts
Personal Finance
Discontent growing over banks' unwillingness to pass on interest rate cuts - poll.
Tuesday, 03 June 2008
Consumer confidence drops across Gulf
Personal Finance
Confidence hit by global slowdown, record oil prices and soaring inflation, Mastercard says.
Monday, 02 June 2008
Kipco in talks to launch Mideast pension firm
Personal Finance
Kuwaiti holding firm could sell global depositary receipts worth up to $1bn - CEO.
HSBC in deal with customer to cut mortgage rate
Personal Finance
Move could open floodgates for other homeowners to get mortgage rates cut.
Wednesday, 28 May 2008
Abu Dhabi ups interest-free loan limit
Personal Finance
Gov't raises amount Emiratis can borrow interest free to finance home to $544,700.
Monday, 19 May 2008
Kuwait steps up battle to curb consumer debt
Personal Finance
Central bank hikes risk on consumer and mortgage loans in inflation fight.
Tuesday, 06 May 2008
Qatar to rein in home loans
Personal Finance
Gulf state considering tightening home financing in battle to control spiralling inflation, media reports.
Sunday, 04 May 2008
UAE consumer loans climb 47%
Personal Finance
Lending touches $13.18bn in three months to March 31 as Gulf state mirrors US rates cuts.
Monday, 28 April 2008
Saudi minimum wage on cards
Personal Finance
Gov't studying minimum wage for some sectors where nationals are employed, labour minister says.
Wednesday, 23 April 2008
Consumers face cap on loans
Personal Finance
Stricter personal loan regulations required to prevent borrowers falling into debt, UAE gov't says.
Sunday, 20 April 2008
Families given cold shoulder
Personal Finance
Bahrain rejects plan to give local families extra $53 per month for every child to help ease inflation burden.
Wednesday, 02 April 2008
Too many firms lack proper insurance
Personal Finance
Lack of insurance in region down to ignorance and cost cutting, industry exec says following fires.
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Expats bear brunt of housing inflation
Hombil: Emiratis pay less »
25 Jun '08 at 15:48 -
Expats bear brunt of housing inflation
matthewwuillemin: Emiratis pay less »
25 Jun '08 at 13:58 -
HSBC in deal with customer to cut mortgage rate
Robert Cumming: HSBC Mortgages »
24 Jun '08 at 19:18
