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: May 18, 2019
UAE. One of UAE's largest banks launches cloud platform and adopts collaborative and DevOps approaches, speeds time-to-innovation from months to days.
Posted: May 18, 2019
UAE. Finablr is a global platform for Payments and Foreign Exchange solutions underpinned by modern proprietary technology.
Posted: May 18, 2019
SWITZERLAND. Each year APO Group offers African journalists the opportunity to attend major events as a part of its commitment to supporting journalism in Africa.
Posted: May 17, 2019
UAE. The investment is a significant milestone for PitStopArabia.com and is aimed at bolstering their market leadership and growing their foot print regionally.
Posted: May 16, 2019
UAE. Clifford Chance has advised Majid Al Futtaim Holding LLC (Majid Al Futtaim) in relation to the issuance of US$600 million 10-year fixed rate trust certificates by MAF Sukuk Ltd.
Posted: May 16, 2019
UAE. Among the new financial and FinTech courses, ADGM plans to develop the sustainable finance programme and will also launch new masters and certification programmes.
Posted: May 15, 2019
UAE. Q1 reported revenues increase 67% quarter-on-quarter to AED 55.4 million; Net loss in quarter of AED 24.9 million on the back of legacy provisions and one-off items.
Posted: May 15, 2019
UAE. Gross profits for the period stood at AED 242 million reflecting gross profit margins of 27%, while net profit stood at AED 31 million.
Posted: May 15, 2019
UAE. Sharjah Asset Management (SAM), the investment arm of the Government of Sharjah, won the prestigious Retail category Award at the fifth edition of the International Business Excellence Awards.
Posted: May 15, 2019
UAE. The updated Guidance includes key updates in a number of areas to take into account recent global developments.
Posted: May 14, 2019
UAE. Liv. awarded Best Digital Bank in the Middle East; Emirates NBD U By Emaar adjudged Credit Card Product of the Year.
Posted: May 14, 2019
UAE. One of the leading financial solutions groups will offer a new way to invest in real estate with the launch of its property investment business.
Posted: May 14, 2019
UAE. Bank calls upon companies to take a more proactive role in sustainability reporting; Top drivers for organisations investing in sustainability are improving reputation and sense of responsibility, study finds.
Posted: May 13, 2019
UAE. The Spring 2019 issue of the magazine puts technology in the spotlight with topics such as machine learning in security of oilfield service businesses.
Posted: May 13, 2019
LONDON. Visa's ownership of Earthport to bring more speed, simplicity, transparency and trust to global payments.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: May 20, 2019
INTERNATIONAL. With "all things digital", a generous amount of ambiguity and experimentation is always to be expected. But one thing seems fairly certain: big data will demand more of people, not less, as our digital epoch unfolds.
date:Posted: May 17, 2019
LONDON. The UAE is the best-known example of business-friendly reform in the MENA region; Many Western countries' instinct to protect and turn inwards, combined with a wider stagnation in the quality of Governance globally is acting as a brake on Economic Openness.
date:Posted: May 17, 2019
UAE. Ecosystems and open platforms create an economy of things; First Digital Trust Forum with international experts; "We need secure, open platforms and an internet in which users have the power to decide for themselves."
INTERNATIONAL. With "all things digital", a generous amount of ambiguity and experimentation is always to be expected. But one thing seems fairly certain: big data will demand more of people, not less, as our digital epoch unfolds.
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