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 13, 2019
UAE. The ISL blockchain project was launched on April 12 2019, to change the way that cryptocurrencies are designed and developed.
Posted: April 13, 2019
SAUDI ARABIA. The partnership will allow Badir Program and Propeller to provide access to the local market, network and investors to technology startups in their respective countries.
Posted: April 13, 2019
UAE. Global, sector-focused law firm HFW has continued to expand its fast-growing Middle East practice, launching an insurance offering in Abu Dhabi with the hire of partner Justin Whelan.
Posted: April 11, 2019
BRUSSELS. Attackers adjust Modus Operandi and fraudulent payment profiles; Increased vigilance enables early fraud detection; SWIFT's information sharing initiative continues to deliver results.
Posted: April 11, 2019
UAE. Moelis & Company named MENA region's best M&A financial advisor and leads the sector rankings in Energy, Mining & Utilities; Shearman & Sterling named top regional M&A legal advisor.
Posted: April 11, 2019
LONDON. "Our aim is to ensure clients are compliant, as well as, heading in the right direction in terms of technological advances, including AI and machine learning."
Posted: April 11, 2019
UAE. Startupbootcamp FinTech Dubai Accelerator is backed by Mashreq, Visa, HSBC and Dubai International Financial Centre.
Posted: April 11, 2019
UAE. Dow Jones' Barrons magazine and MSCI have ranked the supply-chain logistics company as world-wide sustainability leader.
Posted: April 11, 2019
QATAR. For the three months ended 31 March 2019, Net Profit reached QAR3.6 billion (USD0.98 billion), up by 4% compared to previous year.
Posted: April 11, 2019
UAE. Aimed at influential decision makers and opinion formers in the shipping, ports, ship finance and trade related business sectors, the one-day Conference will focus on the key issues facing the region.
Posted: April 10, 2019
UAE. Sale to MasterCard as a part of the cornerstone investment at an offer price of 435 Pence per share; Gross proceeds from the sale amount to GBP554.5 million.
Posted: April 10, 2019
UAE. Human Plus unveiled its human-centric payment solution with an efficient cryptocurrency ecosystem, "HUPAYX", that aims to transform traditional payment infrastructure with all-in-one blockchain based payment platform.
Posted: April 10, 2019
UAE. Spike in MENA M&A deal value the highest on Mergermarket record; Inbound and domestic M&A in Q1 2019 see the highest deal value on record; Significant rise in private equity buyouts in the region in Q1, the highest on record.
Posted: April 10, 2019
UAE. Research reveals machine learning is becoming more relevant for many organisations; Huge opportunities for better business intelligence and across a range of activities carried out by accountants; Ethical challenges lie ahead.
Posted: April 10, 2019
UAE. JRD Group owns property portal JustProperty.com and Propspace, a broker CRM solution; Acquisition follows a US$120 million investment by General Atlantic in Property Finder in November 2018.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: April 25, 2019
UAE. Many computer users don't take enough precautions when disposing of their USB sticks; Our penchant for plugging in random memory sticks isn't the only trouble with our USB hygiene, a study shows.
date:Posted: April 25, 2019
UAE. The only successful zero trust implementations that have gone from marketing to reality are ones that have baked zero trust in from day one.
date:Posted: April 24, 2019
UAE. The economy in the Middle East is expected to grow this year by around 3.5%, finds the latest Global Economic Conditions Survey (GECS) from ACCA and IMA.
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