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: July 22, 2016
INTERNATIONAL. Just 10% of insurers have strategic plans in place for the arrival of driverless vehicles; It will be up to 20 years before they become mainstream.
Posted: July 22, 2016
INTERNATIONAL. 90% of non-tech companies face increased competition from digital adopters; 67% plan acquisitions to upgrade their digital capabilities.
Posted: July 22, 2016
TUNISIA. The ratings reflect Tunis Re's strong risk-adjusted capitalisation, good operating performance and solid business position in its domestic market.
Posted: July 22, 2016
UAE. Sixty Olympic and Paralympic athletes form the company's largest, most diverse Team Visa.
Posted: July 21, 2016
INTERNATIONAL. PwC's real GDP growth projections for the UK revised down; Potential loss of passporting a challenge for London.
Posted: July 21, 2016
INTERNATIONAL. The research reviews ten common but mistaken claims about smart beta that present risks for investors and sheds light on underlying issues.
Posted: July 21, 2016
INTERNATIONAL. Creates world's largest beverage can manufacturer with complementary plant and customer network.
Posted: July 21, 2016
INTERNATIONAL. Publicis Groupe, the world's third largest communications group, reports its first-half results for 2016. Publicis Groupe CEO Maurice Lévy comments on results and outlook.
Posted: July 21, 2016
INTERNATIONAL. Robust global M&A despite market volatility and geopolitical uncertainty; Digital to drive future deals as 67% of executives plan to buy new capabilities, according to new EY study.
Posted: July 21, 2016
UAE. These appointments reflect our focus and ambition to be the leading professional services firm in the Middle East.
Posted: July 19, 2016
INTERNATIONAL. Real GDP growth projected to slow to around 1.6% in 2016 and 0.6% in 2017, but should gradually recover thereafter as the initial shock from the Brexit vote fades.
Posted: July 19, 2016
UAE. Key digital solutions - including sales and service transformation, mobile payments, analytics, video advice, and cybersecurity - drive more than 90% of the value for retail banks.
Posted: July 18, 2016
KUWAIT. International Finance Magazine has conferred the 2016 award for 'Best Retail Bank' and 'Best Retail Customer Service Bank' in Kuwait to Gulf Bank.
Posted: July 16, 2016
INTERNATIONAL. Bloomberg Commodity Index retains its ytd 10% gain; Softness creeps in to energy commodities; Rallies in oil and natural gas ran out of steam; Gold trading lower for the first time in seven weeks.
Posted: July 16, 2016
INTERNATIONAL. A.M. Best has assigned a financial strength rating of B+ (Good) and an issuer credit rating of "bbb-"; The outlook assigned to each rating is stable.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: July 22, 2016
INTERNATIONAL. Just 10% of insurers have strategic plans in place for the arrival of driverless vehicles; It will be up to 20 years before they become mainstream.
date:Posted: July 22, 2016
INTERNATIONAL. The botched coup was nothing but, as he put it, "a gift from God" to purge what is left of Turkey's democracy and cleanse the army and judiciary in order to ensure the total subordination of all institutions to his whims.
date:Posted: July 22, 2016
INTERNATIONAL. 90% of non-tech companies face increased competition from digital adopters; 67% plan acquisitions to upgrade their digital capabilities.
INTERNATIONAL. The botched coup was nothing but, as he put it, "a gift from God" to purge what is left of Turkey's democracy and cleanse the army and judiciary in order to ensure the total subordination of all institutions to his whims.
INTERNATIONAL. As smart devices are becoming autonomous, chief information security officers are being required to adopt new mechanisms and approaches to trust.
dhgate