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 19, 2018
UAE. All of the main indices ending the week in the black, with the exception of Abu Dhabi market which was marginally lower by 0.5%; Kuwait was best performer, higher by 1.6%.
Posted: February 18, 2018
INTERNATIONAL. The GRC market is growing; Risk professionals are taking another look at providers with "cloud, analytics, and customer support" to act as "strategic partners, advising them on top decisions".
Posted: February 18, 2018
INTERNATIONAL. Project involves the creation of a blockchain based global platform where organisations and individuals will be able to exchange services, funds and sensitive private data in a fully secure manner.
Posted: February 18, 2018
LONDON. Under the terms of the transaction, BGIS will acquire a portfolio of UK contracts for the delivery of services in the hospital, education, justice, transport and emergency services markets.
Posted: February 18, 2018
UAE. More than 1800 projects, with a combined valued of over US$130 billion have been completed in the last year in the GCC, according to MEED Projects.
Posted: February 17, 2018
UAE. The ZagTrader platform is an integrated end to end platform for asset, wealth and portfolio management with automated workflows, real-time accounting and generates NAV in real-time as well as enhanced drill down reporting covering Front - Middle - Back Office functions.
Posted: February 17, 2018
SAUDI ARABIA. Organized by the King Salman Humanitarian and Relief Centre (KSrelief), the forum takes place 26-27 February 2018.
Posted: February 16, 2018
UAE. New opportunities emerge with the returning of semblance of political stability and initiation of redevelopment plans.
Posted: February 15, 2018
LONDON. Tolkien Sukuk showcases both the structuring capabilities within the UK legal framework and the capabilities of UK financial institutions such as Al Rayan Bank to produce asset-backed Sukuk using homogenous residential assets.
Posted: February 15, 2018
UAE. Research shows that only 29% of Middle East banks with assets of more than US$10 billion have a chief information security officer (CISO) reporting directly to the CEO - a key sign among cybersecurity professionals that an organisation is taking and managing these threats seriously.
Posted: February 14, 2018
LONDON. Insurers in the GCC have historically enjoyed significant capital buffers and benefited from extensive reinsurance support, however continuing headwinds could lead to potential volatility in the operating performance and capitalisation of market participants.
Posted: February 14, 2018
LEBANON. The award was picked up by Fp7/MENA, the Bank's advertising agency, which was the most awarded agency from the Middle East.
Posted: February 14, 2018
INTERNATIONAL. The company's cutting-edge payment platform enables users to send and receive cryptocurrency payments safely and securely at a reduced cost.
Posted: February 14, 2018
UAE. The Dubai World Insurance Congress event, hosted by Global Reinsurance & the Dubai International Financial Centre, takes place 27-28 February in Dubai.
Posted: February 14, 2018
UAE. In considering such a framework, the FSRA intends to consult and work closely with industry participants and relevant professional bodies.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: February 23, 2018
UAE. Offers cross-border property investments initially in Dubai, Mexico and Australia; Partners with Dubai-based Durise for cross-border sales of properties in Emirates.
date:Posted: February 22, 2018
UAE. Deloitte's report highlights the importance of greater private sector participation to improve the delivery of social services, including healthcare, education, transportation and utilities infrastructure.
date:Posted: February 22, 2018
UAE. McAfee, CSIS study finds ease of cybercrime growing as actors leverage black markets, digital currencies.
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