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: February 23, 2017
EGYPT. The Egyptian Central Bank's decision to float its currency, the Egyptian Pound (EGP), in November 2016, is being felt today in more ways than one.
Posted: February 23, 2017
INTERNATIONAL. Despite its starring role in business and everyday life, many economists openly question whether technology is visible in traditional economic metrics such as GDP, productivity, and corporate profits.
Posted: December 30, 2016
LEBANON. The award, introduced for the first time by Visa, acknowledges the achievements of leading banks in the Levant that make use of cutting-edge technologies such as the Visa Token Service (VTS).
Posted: December 30, 2016
UAE. Egypt on a different trajectory with gains of 9.7%, followed by Qatar +2.0% and Bahrain +0.9%; Firmness in oil may act as a catalyst as we move into 2017.
Posted: December 21, 2016
UAE. Global Investor, the leading international publication specialising in asset management, announced the award during the 2016 Global Investor/ISF MENA Awards ceremony in Dubai.
Posted: December 21, 2016
UAE. Musab Alkateeb appointed as CEO of Siemens in Iraq; Thomas Schmidt will become CFO for Siemens' Iraq business; New appointments strengthen Siemens' operations in Iraq.
Posted: December 20, 2016
UAE. The cost of financial crime compliance is high - the consequences of failure even greater.
Posted: December 20, 2016
LEBANON. The successful closing of a third fund is a clear demonstration of the Fund Management Team's ability to create value for its shareholders.
Posted: December 19, 2016
UAE. 1.5% of the world's gross national product must be invested every year in order to mitigate the effects of climate change.
Posted: December 19, 2016
UAE. 60% surveyed believe digitalization has potential to create new business models or lead to a more open culture of innovation; Only 3% of organizations in the GCC believe they are at an advanced stage of their digital transformation; The GCC is positioned to embrace the disruptive potential of digitalization.
Posted: December 19, 2016
UAE. "The Middle East is a critical part of Deloitte's network, and its growth reflects the investments we're making to deliver innovative solutions that help clients succeed."
Posted: December 18, 2016
UAE. The momentum stalled as profit taking and greater caution prevailed. Only Kuwait and Qatar could generate any meaningful gains going up 1.4% and 1.7% respectively.
Posted: December 17, 2016
UAE. Quercus is a leading international investment advisor, specialising in renewable energy projects; UAE is the strategic choice as the GCC plans to invest US$100 billion in renewable energy in the next 20 years.
Posted: December 17, 2016
INTERNATIONAL. SACE, SIMEST and BNP Paribas announce the finalisation of export financing for National Grid North America, in support of the works awarded to Prysmian as part of the world's longest submarine interconnector.
Posted: December 17, 2016
UAE. Award-winning scanners are purpose-built to deliver consistent throughput and minimize downtime; The deployment of scanners can typically save 80% of the workload.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: February 23, 2017
UAE. Dubai strongly positioned as financial, retail, construction, and transportation services hub for the region, according to latest report from A. T. Kearney.
date:Posted: February 23, 2017
INTERNATIONAL. Despite its starring role in business and everyday life, many economists openly question whether technology is visible in traditional economic metrics such as GDP, productivity, and corporate profits.
date:Posted: February 23, 2017
UAE. New MEED Insight report shows how lower oil prices have reshaped Middle East investment strategies in oil, gas and petrochemicals projects.
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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