UAE may exclude bonds from bank lending limit
Source: BI-ME with Bloomberg , Author: Posted by BI-ME staff
Posted: Tue June 12, 2012 12:19 pm

UAE. The United Arab Emirates’ central bank may exclude bonds from a limit imposed on banks’ lending to local governments and related entities, local Arabic language daily Al Khaleej reported, citing people it didn’t identify.

Lending mustn't exceed 100% of banks’ capital base to governments of the UAE federation and their non-commercial entities, and 25% to individual borrowers, the central bank said on April 4.

There was no limit under previous rules.

 

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: December 17, 2017
UAE. The recent increase in mortgage activity can be attributed towards the rise of end users and investors taking advantage of capital structure through leverage. Structurally speaking, the higher levels of mortgage indicate that there will be lower levels of "flipping".
date:Posted: December 17, 2017
UAE. Announced MENA IPO deal value reached US$236.7 million in Q3 2017; Musharaka REIT Fund in Saudi Arabia raised US$ 95.1 million, largest IPO by capital raised; Global IPO activity for 2017 on course to be the busiest year since 2007.
date:Posted: December 15, 2017
INTERNATIONAL. AI will create 2.3 million jobs in 2020, while eliminating 1.8 million.
UAE. The recent increase in mortgage activity can be attributed towards the rise of end users and investors taking advantage of capital structure through leverage. Structurally speaking, the higher levels of mortgage indicate that there will be lower levels of "flipping".
dhgate