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$850 million to refinance debt, three bankers familiar with the plan said. Investment Corporation of Dubai said on August 8 it will rep
Posted: November 22, 2014
INTERNATIONAL. "We would step up the pressure and broaden even more the channels through which we intervene, by altering accordingly the size, pace and composition of our purchases."
Posted: November 20, 2014
QATAR. "We've been created to avoid the volatility in oil price," Ahmed Al-Sayed, CEO of the Qatar Investment Authority, said. "We are already adjusted and ready for such a scenario."
Posted: November 20, 2014
INTERNATIONAL. The trajectory of Japan's economy has much to teach us about the wisdom of Keynesian policies. Those who are not blinded by left-wing dogma should take a good look at where the road of permanent stimulus ultimately leads.
Posted: November 20, 2014
INTERNATIONAL. Kellogg made the offer to buy Bisco Misr, outbidding competitor Abraaj Group.
Posted: November 20, 2014
BAHRAIN. More than 100 potential entrepreneurs to benefit from this year's signature events.
Posted: November 20, 2014
UAE. Transaction attracted an order book of over US$ 3 billion, more than 6 times oversubscribed, from a high quality and diversified investor base.
Posted: November 20, 2014
UAE. When drafting dispute resolution clauses, it is common for parties to fail to specify the law that should be used to determine the validity of the arbitration clause itself.
Posted: November 19, 2014
UAE. Financing to support the company's strategy of creating the Middle East's first mega leisure and entertainment destination.
Posted: November 19, 2014
UAE. Speaking at the ICAI Abu Dhabi Chapter's 26th Annual International Seminar, Dr. R. Seetharaman, CEO of Doha Bank gave a keynote address on "Uncertain times: Can GCC Banking take off?"
Posted: November 19, 2014
UAE. The gap between developed economies and the US is becoming ever wider; the US is taking up the mantel of economic engine, which in turn is exacerbating this divergence. Whilst the US will continue to grow, Europe will once again find itself almost stagnating.
Posted: November 19, 2014
UAE. Regional healthcare companies and international clients are meeting over a two-day conference at the Mohammed Bin Rashid Academic Medical Center in Dubai Healthcare city.
Posted: November 18, 2014
UAE. The Meera Kaul Foundation, is hosting its annual event Women in STEM 2015 - Annual Conference, Awards and Hackathon to be held in Dubai.
Posted: November 18, 2014
BAHRAIN. The new equity will be used to fund Shariah compliant private equity and real-estate investments in Saudi Arabia, UAE, Qatar, Bahrain, Oman and Kuwait, the bank said.
Posted: November 18, 2014
SAUDI ARABIA. Saudi Arabia will see 1.2 million barrels per day of new refining capacity come online by 2020; New export-orientated Saudi refineries will be competing in a very tight international market.
Posted: November 18, 2014
UAE. Tarek Sherlala appointed Senior Executive Officer, Dubai branch; Rajai Ayyash has taken on role of regional executive for the Gulf region; Tarek Elrefai retires after leading regional team for five years.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: November 20, 2014
INTERNATIONAL. The trajectory of Japan's economy has much to teach us about the wisdom of Keynesian policies. Those who are not blinded by left-wing dogma should take a good look at where the road of permanent stimulus ultimately leads.
date:Posted: November 20, 2014
INTERNATIONAL. The path to the acceptance of the participatory approach to development was forged, through trial and error, over several decades until the 1990s, when its global recognition by development practitioners became well-established.
date:Posted: November 20, 2014
INTERNATIONAL. There is a high degree of uncertainty over how the Iranian negotiations and the OPEC meeting will play out, but the end of November will be hugely important for energy markets.
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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