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: May 6, 2019
EGYPT: PMI at 50.8, highest since August 2015; Output grows; New orders, employment and purchasing all increase.
Posted: May 6, 2019
LEBANON. Byblos bank releases its latest Real Estate Demand Index; Long-term pick-up in demand for housing requires comprehensive housing policy.
Posted: May 6, 2019
SINGAPORE. SLINGSHOT offers more than S$1 million worth of prizes for startups to develop and commercialise their ideas.
Posted: May 5, 2019
SAUDI ARABIA. Output growth accelerates to quickest since December 2017; Employment remains broadly unchanged despite rising demand.
Posted: May 5, 2019
UAE. "With firms still competing on price, there is still a reluctance to boost hiring and we haven't seen a meaningful improvement in job growth. Household consumption is likely to remain constrained in the absence of job and/ or wage growth."
Posted: May 4, 2019
ABIDJAN. Achieving Africa states' aspiration for growth, development and transformation rely on the effective implementation of innovative policies.
Posted: May 4, 2019
MADRID. The program which focuses on trade, trade finance and trade development, is the first of its kind to be initiated by a multilateral financial trade institution.
Posted: May 3, 2019
UAE. Building on the success of the previous two editions, Unbound will be working closely with ADGM, to deliver all aspects of FinTech Abu Dhabi 2019.
Posted: May 3, 2019
LONDON. A payment scheme in Dubai and a universal bank in Iceland will implement AML Risk Manager solution from Fiserv.
Posted: May 3, 2019
UAE. Western Union digital now live in in seven countries across the Middle East, including the UAE.
Posted: May 3, 2019
BAHRAIN. The MEIRA Bahrain Chapter was formally inaugurated at the signing ceremony of founding members who have recognised their commitment to develop the IR function in the local market.
Posted: May 3, 2019
UAE. Temenos' market-leading software recognized by industry peers for its exceptional offering in Islamic banking.
Posted: May 3, 2019
UAE. WiseBot, The Wiseasy AI Service Terminal integrates facial recognition and mobile payment in a new business model.
Posted: May 2, 2019
SINGAPORE. More than 3,000 attendees from investment funds, crypto industry leaders, and blockchain developers joined in discussions on stage and in informal meetings.
Posted: May 2, 2019
BRUSSELS. Service enables quick resolution of operational, compliance and regulatory-related issues; Emirates NBD amongst 12 major global banks taking part in the pilot.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: May 25, 2019
UNITED KINGDOM. Smart city traffic technology solutions deployed to ease chronic congestion in cities will generate US$4.4 billion in revenue in 2023.
date:Posted: May 25, 2019
NEW YORK. New YPO Global Pulse survey finds that customers are the primary inspiration (48%) for business innovation around the world; Consultants (10%) and think tanks (7%) lag far behind in the minds of respondents.
date:Posted: May 24, 2019
INTERNATIONAL. The possibility of cosmic real estate is approaching rapidly, with the engineer poised to pioneer the process; It is entirely likely that our next chapter as a species is written in the stars.
NEW YORK. New YPO Global Pulse survey finds that customers are the primary inspiration (48%) for business innovation around the world; Consultants (10%) and think tanks (7%) lag far behind in the minds of respondents.
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