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: April 28, 2015
UAE. GCC wages are set to rise at an average of 5% in 2015, rebounding from a brief dip to 4.8% last year, according to Towers Watson; Growing inflation translates into pressure for all.
Posted: April 28, 2015
UAE. As banks address new capital regulatory requirements and slow balance sheet growth, a new global study on alternative channels for capital from shadow banking provides a unique investor perspective on what it will take for these financing vehicles to take hold and support economic growth.
Posted: April 28, 2015
UAE. The UAE listed insurer market posted its worst-ever underwriting performance in 2014, mainly because of fierce competition that drove down premiums in medical and motor insurance; The positive economic outlook for the UAE is likely to expand the insurance market in 2015.
Posted: April 28, 2015
UAE. The report provides an outlook on the global economy, a look at merger and acquisition activity in the consumer products industry and the importance of connecting with the connected consumer.
Posted: April 28, 2015
INTERNATIONAL. The Barcelona-based family-owned fashion and fragrance business reported Profit Before Tax representing 16% of Net Revenues, similar to 2013. Net Income was up 0.8% to 177 million euros.
Posted: April 27, 2015
LEBANON. The bank maintained a solid financial performance in the first quarter of 2015, posting an increase in its unaudited consolidated Net Profit by 6.7% compared to the same period of last year.
Posted: April 27, 2015
UAE. The Dubai Chamber CSR Label has been designed to provide a diagnostic framework, learning and development tool that will help to refine and improve CSR strategy, policies and practices in the UAE.
Posted: April 27, 2015
UAE. Industry must focus on cyber security, integration and analytics to reduce extraction costs and plug systemic skills crisis; Strategy firm releases white paper on data driven oil fields.
Posted: April 27, 2015
UAE. The landmark event will engage key stakeholders from the public and private sectors in an intense debate dedicated to creating a new SME agenda.
Posted: April 27, 2015
UAE. Family Business Network GCC releases a legal white paper assessing succession planning legal vehicles available for GCC family businesses.
Posted: April 27, 2015
UAE. Temptations of UAE lifestyle make financial guidance essential for long-term planning, warns Nexus Group.
Posted: April 26, 2015
UAE. Financial services industry losing out as customer reward programme satisfaction ranks low, according to Collinson Latitude; Consumer expectations have changed: they expect to be rewarded for their custom 24 hours a day, 7 days a week, on the device of their choice.
Posted: April 26, 2015
UAE. With the overall cost of living in parts of the UAE expected to rise, the availability of affordable housing stock and viable financing for this type of housing is becoming more important than ever.
Posted: April 25, 2015
JORDAN. Lower oil prices will support growth prospects, ease pressure on public finances, and help contain current account deficits. Bilateral loans and grants will support financing needs.
Posted: April 25, 2015
INTERNATIONAL. Euro-area finance ministers hurled abuse at Greek Finance Minister Yanis Varoufakis behind closed doors as they shut down his bid to find a shortcut to releasing financial aid.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: April 28, 2015
UAE. GCC wages are set to rise at an average of 5% in 2015, rebounding from a brief dip to 4.8% last year, according to Towers Watson; Growing inflation translates into pressure for all.
date:Posted: April 28, 2015
UAE. As banks address new capital regulatory requirements and slow balance sheet growth, a new global study on alternative channels for capital from shadow banking provides a unique investor perspective on what it will take for these financing vehicles to take hold and support economic growth.
date:Posted: April 28, 2015
UAE. The report presents the demand-supply dynamics of the GCC food industry across its countries and major food categories; Food demand in the GCC is driven by several factors including a growing population base, increasing affluence and rising tourist inflow.
UAE. As banks address new capital regulatory requirements and slow balance sheet growth, a new global study on alternative channels for capital from shadow banking provides a unique investor perspective on what it will take for these financing vehicles to take hold and support economic growth.
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