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: December 22, 2014
INTERNATIONAL. Looking at the long term charts, we find trend line support from lows back in December 1998 and this currently gives WTI crude oil a target of US$4/b and Brent a target of US$52.40/b.
Posted: December 22, 2014
TUNISIA. Investment enabled expansion of Company's North African footprint and increased product range; Construction of new state-of-the-art production plant to further improve long-term growth prospects.
Posted: December 20, 2014
EGYPT. The government has embarked on a policy course designed to tackle some of the serious structural weaknesses that have emerged or intensified in recent years.
Posted: December 19, 2014
UAE. As a gateway of opportunity for Asia, Dubai has a key role in driving growth momentum; Between 2010 and 2013, GCC-China trade grew faster than with any other significant trade partner.
Posted: December 19, 2014
UAE. The Banker awards are held annually in London; ADIB was also named "Best Islamic Retail Bank Globally" at the Global Finance Magazine awards held in Washington, DC.
Posted: December 18, 2014
UAE. The DFM General Index increased 13%; Abu Dhabi's ADX General Index jumped 6.7%, the most since December 2009; Saudi Arabia's TASI surged 8.6%.
Posted: December 18, 2014
QATAR. The seminar also explored practical issues faced by tax payers in Qatar, recent updates to the tax regime in the Qatar Financial Center, and international tax highlights.
Posted: December 18, 2014
UAE. The level of consumer trust in insurers is 52%, compared to 73% for supermarkets, and 71% for banks; 32% in UAE and 49% in KSA likely to switch insurers in the next 12 months.
Posted: December 17, 2014
UAE. The leading Arab Medical Online Interactive Platform serves more than 5 million unique visitors a month and oversees more than 5000 interactions a month between a network of over 1,500 verified physicians and users.
Posted: December 17, 2014
UAE. MoU underlines the strong cooperation between both markets; aims to achieve the ultimate objective of integrating GCC markets and improve the quality of services provided to investors and companies.
Posted: December 17, 2014
UAE. The report identifies growth, leadership, and talent acquisition and retention as the three key areas on which Gulf businesses need to focus.
Posted: December 17, 2014
UAE. CFA Institute's 2015 Global Market Sentiment Survey highlights importance of central bank policies for 2015 market performance, notes concerns about weak developed markets and political instability.
Posted: December 17, 2014
ALGERIA. Abraaj completes inaugural investment in Algeria and its first in the logistics sector in North Africa; brings significant experience from logistics investments in the Middle East, Latin America and South East Asia.
Posted: December 17, 2014
INTERNATIONAL. Global investors are keeping faith with equities on improved growth outlook, while raising cash as markets enter the volatile year-end period, according to the BofA Merrill Lynch Fund Manager Survey for December.
Posted: December 16, 2014
UAE. The developer reached a deal with creditors in 2012 to begin repaying the US$1.2 billion Islamic loan in 2014, about four years after it was due, bankers familiar with the deal said at the time.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: December 22, 2014
INTERNATIONAL. Looking at the long term charts, we find trend line support from lows back in December 1998 and this currently gives WTI crude oil a target of US$4/b and Brent a target of US$52.40/b.
date:Posted: December 19, 2014
UAE. As a gateway of opportunity for Asia, Dubai has a key role in driving growth momentum; Between 2010 and 2013, GCC-China trade grew faster than with any other significant trade partner.
date:Posted: December 18, 2014
INTERNATIONAL. A new analysis presents the key trends that will transform the global market over the next decade and beyond.
UAE. Colliers International Dubai House Price Index, compiled using actual mortgage transaction data from a consortium of financial institutions, registers no change over Q3 2014, for the first time since Q2 2012.
INTERNATIONAL. In this excerpt from Greenspan's appearance at the New Orleans Investment Conference, The Gold Report delves into the role of gold versus fiat currency, why central banks own so much gold if it is truly "a barbarous relic," and the reason China is buying so much gold today.
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