Finance & Banking

FEATURED REPORT...
Posted: 11-08-2011
UAE. Dubai state companies are securing bank financing as the latest tumult in global markets fails to derail the emirate's recovery from the 2009 debt crisis. Dubai Holding LLC, one of the three main state-owned holding companies, reached an accord with lenders to extend a US$1.16 billion loan to December 2016, according to a company official. Port & Free Zone World FZE, an intermediate holding company for port operator DP World Ltd. (DPW), is raising US$850 million to refinance debt, three bankers familiar with the plan said. Investment Corporation of Dubai said on August 8 it will rep
Posted: March 30, 2017
UAE. The region witnessed a record year in sovereign bond issuance eclipsing a sluggish IPO performance, according to PwC's Capital Markets and Accounting Advisory Services team.
Posted: March 29, 2017
UAE. A recent study by The Boston Consulting Group found that, in 2016, GCC banks' revenues grew by 5.2%, down about 2 percentage points from 2015; The impact of the decline in oil prices has hit the banking industry; Profits declined by 3.2% for the first time since 2008.
Posted: March 27, 2017
UAE. As banks seek to be more competitive and enhance customer experiences, many look to transform their old legacy banking systems with more efficient new core solutions.
Posted: March 27, 2017
UAE. ENBD REIT invests in predominantly income generating real estate, with the objective of providing investors with a regular source of income.
Posted: March 27, 2017
UAE. Al Masah Capital Report: Dubai was the worst performer last week down by 1.7% followed by Saudi Arabia and Oman each heading south by 0.6%.
Posted: March 24, 2017
UAE. New research by DMCC reveals that just under half (42%) of UK businesses have more appetite for overseas expansion in the post-Brexit and Trump administration era.
Posted: March 24, 2017
KUWAIT. Kuwait Financial Centre will adopt cloud based, mobile solutions for investment and asset management operations.
Posted: March 23, 2017
UAE. The conference's aim was to help attendees in regaining a sense of control and keeping pace with an ever-evolving tax landscape.
Posted: March 23, 2017
UAE. New report discusses the growth prospects for private sector players across six focus sectors, including agriculture, the social sector (includes health & education), manufacturing, retail, financial services and connectivity (covering transport & communication).
Posted: March 22, 2017
UAE. Overall, there was a 17% increase in the number of companies in MEA in 2016 compared to 2015, with Dubai being the leading destination for regional HQs by far.
Posted: March 21, 2017
UAE. The UAE provides startups with a business-friendly environment with low taxes and relatively favourable regulations, says report released by the US.-UAE Business Council and the Trade and Commercial Office of the UAE Embassy in Washington, DC.
Posted: March 20, 2017
UAE. The Private equity industry continues to post strong returns and attract investors, but a new article by The Boston Consulting Group argues that PE firms will need to take decisive actions to capitalize on this golden age.
Posted: March 20, 2017
UAE. An M&A specialist, Pam has actively been engaged advising international clients on complex cross border M&A, tax, deals, IPOs and reorganisations in the Middle East for the past two decades.
Posted: March 20, 2017
UAE. Property laws and regulations increase investor confidence as developers prepare to launch new projects at Cityscape Abu Dhabi next month.
Posted: March 20, 2017
UAE. Four out of the eight major indexes ended the week on a positive note with Bahrain coming on top with an increase of 1.6%, followed by Kuwait, Egypt, and Saudi Arabia each rising by 1.5%, 1.0% and 0.1% respectively.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: March 30, 2017
UAE. The region witnessed a record year in sovereign bond issuance eclipsing a sluggish IPO performance, according to PwC's Capital Markets and Accounting Advisory Services team.
date:Posted: March 27, 2017
UAE. PwC issues new report jointly with the Global Manufacturing & Industrialisation Summit; The report outlines a roadmap for CIOs to manage the transformation of industrial companies to successfully adopt IIoT; Devising a digital strategy is key for manufacturers
date:Posted: March 27, 2017
UAE. The strongest growth rate for 2014-2015 in the region was led by Saudi Arabia and the UAE, according to a new report from The Boston Consulting Group.
INTERNATIONAL. This is part two of a recent conversation I had with students, faculty, and alumni at New York University, where I had the opportunity to answer some questions concerning the turmoil in the Middle East and America's role in the world.
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