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: January 16, 2019
UAE. The index fell from November's 55.3 to 53.7 in December; This was the second-lowest reading in over two years and below the historic average (since 2010) of 55.2, signalling relatively muted non-oil growth.
Posted: January 16, 2019
QATAR. Net Profit for the year ended 31 December 2018 reached QAR13.8 billion (US$3.8 billion), up by 5% compared to same period last year.
Posted: January 15, 2019
UAE. The Portfolio will be 100% master leased to the Emerus-INTEGRIS JV entity for 15 years on an absolute NNN basis.
Posted: January 14, 2019
UAE. Cyber attacks rated as the highest risk in the UAE; MENA business leaders worried about energy price shock and unemployment.
Posted: January 14, 2019
UAE. Offers Skywards Miles on debit card spends linked to savings account balance; Earn up to 5 Skywards Miles for every US Dollar equivalent of spend, the highest in the market.
Posted: January 14, 2019
UAE. 2019 starts well after the capitulation of December 2018; Hopes on the "patience" of the Fed and on trade discussions between US and China.
Posted: January 14, 2019
UAE. The latest two-phase Gulfport Marine Terminal project in Staten Island, NY has repaid its first tranche of EB-5 loan funding in full and on time.
Posted: January 14, 2019
UAE. Driving sustainable finance and investments by the Abu Dhabi Global Market.
Posted: January 14, 2019
UAE. Deloitte Middle East launches Volume 1 of its Transfer Pricing Whitepaper Series; 82% of respondents of the Deloitte survey agree that transfer pricing structures are under critical evaluation in the MENA region.
Posted: January 12, 2019
LONDON. "Apstra's system gives us a single view into the entire media production network - regardless of our devices, switches, operating systems or vendors."
Posted: January 12, 2019
UAE. The awards are organized by the Middle East Insurance Review (MEIR) for achieving excellence in the insurance industry.
Posted: January 11, 2019
EGYPT. PMI climbs to 49.6 from November's 49.2; New orders at Egyptian firms decline only fractionally; Employment falls for third month running.
Posted: January 11, 2019
SAUDI ARABIA: Headline PMI dips to 54.5 from November's 55.2; Rate of job creation slips to 20-month low.
Posted: January 10, 2019
NEW YORK. Access to digital talent, complementary capabilities promise to catalyze growth.
Posted: January 10, 2019
UAE. The updates to the exam are being made to ensure the CMA remains relevant in the ever-evolving environment of the management accounting profession.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: January 16, 2019
UAE. The index fell from November's 55.3 to 53.7 in December; This was the second-lowest reading in over two years and below the historic average (since 2010) of 55.2, signalling relatively muted non-oil growth.
date:Posted: January 16, 2019
UAE. Avaya research reveals UAE consumers demand ‘SuperService'; Four-in-Five consumers want an immediate response from organizations they contact.
date:Posted: January 16, 2019
UAE. "Business Barometer: UAE CEO Survey", carried out by Oxford Business Group says executives face considerable challenges; Real estate downturn highlights ongoing economic challenges.
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