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: June 30, 2015
INTERNATIONAL. Greece on Tuesday requested a two-year rescue deal with the European Union to save the crisis-hit country, just hours before its international bailout expires.
Posted: June 30, 2015
UAE. Dubai International Financial Centre highlights Dubai's status as major asset management hub at 2015 Fund Forum International in Monaco.
Posted: June 30, 2015
UAE. The best thing governments can do to help entrepreneurs in the Middle East is to encourage professional development through education and apprenticeships, rather than through hiring quotas.
Posted: June 30, 2015
UAE. Bayzat, a regional startup in the emerging healthcare insurance technology sector, assists patients and companies in managing their health insurance in a simple, clear and accessible way through their computers and mobile devices.
Posted: June 30, 2015
BAHRAIN. Standard & Poor's believes that Bahrain Telecommunications Co. now has a clearer acquisition strategy, however, it also takes into account the weakening fiscal profile of Bahrain, Batelco's controlling shareholder.
Posted: June 29, 2015
UAE. Risk management must respond to "the new normal", an environment of continual regulatory change and ever more demanding expectations, according to the latest Deloitte Global risk management survey.
Posted: June 29, 2015
INTERNATIONAL. "In the current circumstances, the stability of the financial and banking system in Greece constitutes a matter of overriding public interest and public policy."
Posted: June 28, 2015
INTERNATIONAL. Bank of Greece chief Yannis Stournaras said that his bank "will take all measures necessary to ensure financial stability for Greek citizens in these difficult circumstances".
Posted: June 26, 2015
UAE. The Prize, now in its 8th year, recognizes outstanding global philanthropists; Aman Foundation commended for its unique track record in healthcare and education
Posted: June 25, 2015
EGYPT. The stakes Qalaa is acquiring are in companies that have leading positions in the energy, cement and transportation sectors, among others.
Posted: June 25, 2015
UAE. The pair has now pulled back by 200 pips since the beginning of the week and there is still potential for the GBPUSD to continue slipping lower; the outlook is bearish.
Posted: June 25, 2015
UAE. Regional digital markets to add US$820 billion and create 4.4 million jobs in 6 years; Strategy& outlines six steps to combat cyber-crime in MENA.
Posted: June 25, 2015
SAUDI ARABIA. The deal consist arranging debt and equity financing to acquire 30 Airbus aircraft of A320-200 model and 20 aircraft of A330-300 model to be leased to SAUDIA.
Posted: June 24, 2015
INTERNATIONAL. Greek Prime Minister Alexis Tsipras has attacked the stance of "certain" creditors as "strange" because they rejected proposals presented by Athens to bridge a budget gap.
Posted: June 24, 2015
UAE. The findings serve as a performance indicator on the pace and pattern of regional economic growth and seek to benchmark MEA against developed countries.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: June 30, 2015
INTERNATIONAL. The Greek situation - having perhaps outlived the term "crisis," now that it has taken so long to unfold - appears to have finally reached its terminal point. This is, of course, an illusion: It has been at its terminal point for a long time.
date:Posted: June 30, 2015
UAE. The best thing governments can do to help entrepreneurs in the Middle East is to encourage professional development through education and apprenticeships, rather than through hiring quotas.
date:Posted: June 30, 2015
UAE. CIOs should maintain and promote an objective understanding of the real capabilities of smart machines
UAE. The best thing governments can do to help entrepreneurs in the Middle East is to encourage professional development through education and apprenticeships, rather than through hiring quotas.
UAE. The Middle East has a unique set of challenges and opportunities with regard to creating large, mixed-use developments; In this interview, Louise Adams, Aurecon's former Country Manager UAE, describes the importance of investing in master planning and some of the current opportunities and trends within this region.
dhgate