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  • Shell scrambles to pay $1B for Iran oil

    Shell scrambles to pay $1B for Iran oil

    Royal Dutch Shell is struggling to pay off $1 billion that it owes Iran for crude oil because European Union and US financial sanctions now make it almost impossible to process payments, industry sources said.

    March 26, 2012 4:17
  • Abu Dhabi: Raising Capital

    Abu Dhabi: Raising Capital

    With the Yas Mall, Deerfields Town Square, The Lourve Museum in the news these past few days, Kipp can't help but feel we are back in 2010.

    March 26, 2012 3:44
  • Dubai tries hard to boost business

    Dubai tries hard to boost business

    Between temporary licenses, pension funds and mandatory insurance and credit rating schemes, Dubai is pulling all the stops to look better in the business world.

    March 26, 2012 2:45
 
  • Cash under the mattress: a new chapter for regional banks

    Cash under the mattress: a new chapter for regional banks

    Everyone’s got a theory about where best to keep money. And even though banks used to be the go-to alternative, its future remains uncertain. That is, if they don’t change.

    March 25, 2012 3:55
  • Investors hope UAE Q1 earnings justify stock rally

    Investors hope UAE Q1 earnings justify stock rally

    As the first quarter of the year draws to a close, investors are looking ahead to the announcement of corporate earnings for the period. In the United Arab Emirates, they are seeking justification for the sharp rally in local stocks over recent weeks.

    March 24, 2012 4:06
  • Iran sanctions bring unintended, unwanted results

    Iran sanctions bring unintended, unwanted results

    Western sanctions have so far failed to deter Iran from pursuing its nuclear programme and their unexpected and unintended side-effects are producing a new collection of challenges.

    March 24, 2012 3:58
 
 
  • Emirati problems: Debt, housing loans and unemployment

    Emirati problems: Debt, housing loans and unemployment

    Between asking for increased housing loans and forcing banks to reduce their personal debt, the financial future of most UAE nationals remains dangerously dependent on what the government deems appropriate.

    March 18, 2012 3:52
 
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