Gulf banks eye European rivals’ Middle East assets
European lenders selling MidEast, N.Africa assets; Gulf banks keen to expand; have financial resources; Assets in countries such as Egypt, Turkey put on the block
June 21, 2012 3:30
Tunisia seeks extradition of Ben Ali, traces hidden assets
Tunisia's justice minister said on Tuesday he suspected Zine al-Abidine Ben Ali was still benefiting from funds stashed abroad 16 months after his overthrow and urged Saudi Arabia to extradite the former president for trial.
May 23, 2012 12:02
Malaysian tycoon’s $3B power asset sale draws 12 bids
Malaysian tycoon Ananda Krishnan's sale of over $3 billion worth of power assets has attracted 12 initial bids with a final round of bidding expected by the end of March, the Star newspaper reported on Saturday, citing unidentified sources.
February 25, 2012 12:08
Malaysia tycoon plans $2B sale of power assets
Malaysian tycoon Ananda Krishnan has put his entire power portfolio in Malaysia, South Asia, the Middle East and Egypt up for sale in a deal that could raise more than $2 billion, three sources familiar with the matter told Reuters on Wednesday.
February 22, 2012 1:05ENBD names wholesale banking group head, Dubai Bank interim CEO
Emirates NBD named a new group head of wholesale banking as well as a new interim chief executive for Dubai Bank, the United Arab Emirates' largest lender by assets said in a statement on Monday.
December 5, 2011 10:07
Headstrong hopes
Survey reveals global investors expect growth in emerging markets to remain strong and commodities to stay favourable as inflation and geopolitical concerns heighten...but not all of them. So which one?
March 30, 2011 1:41Dubai Holding: AED 23.5 billion loss
Huge loss confirmed and asset value reduced by AED 47 billion.
June 1, 2010 2:58
April 10
Malek signs divorce papers after night-long negotiations; Ladies first: The feminine front line of the Arab art market; I'm Really Worried About What Apple Is Trying To Do With The iPad; Islamic Finance Assets May Rise to $5 Trillion, Moody’s Says; For two Grieving Families, Video Reveals Grim Truth
April 9, 2010 3:52Dubai World’s assets worth more than $120 billion
Dubai World is estimated to have debts of around $57 billion.
January 24, 2010 4:22Dubai World, not Dubai, may sell assets
Government-owned Dubai World may sell off some…
December 7, 2009 4:23Sovereign wealth funds may reach $8 trillion by 2015
Capital managed by global Sovereign Wealth Funds (SWFs) has…
November 18, 2009 4:13
Is the dollar dying?
As the US dollar continues falling, analysts argue whether it’s a good sign, or a bad one.
October 13, 2009 1:24Assets of Islamic banks grew 66 percent in 2008
They increased from $350 billion in 2007 to…
August 29, 2009 7:25
A major step for Turkey
As Prime Minister Erdogan showcases Turkey's prestige on a visit to the White House, the country has its ratings upgraded...
May 19, 2013 9:45
Dusting off the Emirates ID card
The Emirates Identity Authority is 'keen' on making its ID cards more functional.
May 16, 2013 5:57
Turkish Airlines Can Ride Out Turbulence
The airline said there had been little impact on May 15 from a strike in protest over pay and previous sackings.
May 16, 2013 2:57
Taking on Abercrombie & Fitch
Controversial views from the clothing company's CEO causes huge backlash.
May 16, 2013 2:43
Fake pilot 'on the run'
Michael Fay forged papers and operated as a pilot for Afriqiyah Airways for eight months. . .
May 14, 2013 11:26