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 11, 2019
UAE. Private equity firm's venture in growing "extra care" market revives story of English market town's hat-making heyday.
Posted: June 11, 2019
EGYPT. PMI in line with survey average; Egypt's non-oil private sector dipped back into contraction as PMI falls to 48.2; Output and new orders record modest falls.
Posted: June 11, 2019
UAE. During the period, operating income advanced 47%, from £36.2m to £53m, and profit before tax increased 50% to £33m, while Balance Sheet growth grew 36% to 1.9bn.
Posted: June 10, 2019
SAUDI ARABIA. Headline PMI climbs to 17-month high of 57.3 amid sustained acceleration in output growth; Lacklustre job creation in non-oil private sector.
Posted: June 10, 2019
UAE. The competitive package includes preferential pricing and privileges on transactions, working capital, trade finance, FX and commercial loans.
Posted: June 10, 2019
UAE. Marked accelerations in growth of activity and new business; Price discounting helps to drive expansion in new orders; Employment index close to "no-change" level; Wages are stagnant.
Posted: June 10, 2019
UAE. The leading enabler of digital commerce in the Middle East and Africa, becomes the largest payments company on the FTSE 250 Index.
Posted: June 8, 2019
UAE. Bank's Keep the Creek Clean initiative clears more than 5,400kgs of waste from the ocean.
Posted: June 8, 2019
LONDON. The bond was oversubscribed with strong demand from international investors in the United Kingdom, United States, Europe, Middle East, Asia and Africa.
Posted: June 7, 2019
SAUDI ARABIA. Changes in regulations and insightful strategic policies reflect a healthy outlook for IPOs in the Kingdom; Across MENA, positive opportunities ahead for IPO activity, although investors may tread cautiously.
Posted: June 7, 2019
INTERNATIONAL. With a belief in the future of peer-to-peer finances, this partnership promises to enhance the trading experience in emerging markets in Africa.
Posted: June 6, 2019
FINLAND. FLEXOUND attracts international businesses customers, especially from the automotive, aviation, and cinema industries.
Posted: June 5, 2019
JOHANNESBURG. The event aims to highlight the huge investment opportunity in Africa paving the way for a more sustainable future.
Posted: June 5, 2019
UNITED KINGDOM. The global provider of rental equipment solutions to the to the utilities, chemical, energy, engineering and transport sectors, announces the opening of its new facility.
Posted: June 4, 2019
LONDON. U.S. infrastructure equity exposure; Highly experienced owner-managed investment team; Strong four-decade record.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: June 14, 2019
INTERNATIONAL. thyssenkrupp Materials Services relies on Microsoft for in-house solution development; AI as an essential component of the holistic digitalization strategy; Customers benefit from individualized offers and more efficient processes.
date:Posted: June 13, 2019
UAE. Cyber-crime is one of the biggest risks to businesses to date and globally its estimated costs will reach US$6 trillion by 2021.
date:Posted: June 12, 2019
UAE. Millions of files that are sitting out in the open across various file storage technologies are actually encrypted by ransomware; The analysis detected many files containing highly sensitive information.
INTERNATIONAL. thyssenkrupp Materials Services relies on Microsoft for in-house solution development; AI as an essential component of the holistic digitalization strategy; Customers benefit from individualized offers and more efficient processes.