Gulf Bank’s kaleidoscopic future»
Even as Kuwait’s Gulf Bank struggles to recover from its losses and gets a $1.4 billion bailout, its head promises expansion and high growth rates in the coming months.
December 3, 2008
Give us more»
That’s what many international agencies have been telling oil-rich Gulf nations for months. But does the region have funds to spare?
December 1, 2008
Not so Limitless»
Paul Green, the CFO of Limitless, has resigned. According to rumors, the company is so strapped for cash it has funds to pay employees for only four more months.
November 20, 2008
We need our money, says Saudi»
Saudi Arabia, the IMF's largest Arab shareholder, rejects rumors that it will contribute more money to the economic body, claiming it will use its reserves for the kingdom’s development.
November 16, 2008
Look who’s back»
Although the DFM performed poorly last week, some foreign investors have returned to the market. Is our luck starting to change?
November 16, 2008
Say it like it is»
Americans aren’t happy. They feel insecure about their finances, and they’ve lost confidence in their corporations and government. They’re not alone.
November 10, 2008
Go on, drop that interest»
Although the Bank of England cut interest rates by 1.5 percent last week, some banks took time to comply. Here’s what happened.
November 9, 2008
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