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Nokia charging back with full force
Saudi government websites targeted
Deutsche Bank is moving its top Middle East equity banker to London from Dubai, the bank confirmed, the latest in a string of moves by international banks prompted by low business volumes in the region.
October 15, 2011 4:00Deutsche Bank is moving its top Middle East equity banker to London from Dubai, the bank confirmed, the latest in a string of moves by international banks prompted by low business volumes in the region.
October 15, 2011 3:59ENBD may have taken over bank for nil, says analyst. The Dubai Government rescued and took control of Dubai Bank in May; Sheikh Ahmed was named ENBD chairman in June
October 11, 2011 10:18
Despite it outperforming conventional ones and accounting for 6 percent of a nearly $1 trillion industry, Islamic funds still have no support from institutional investors and as a result may stagnate this year.
October 3, 2011 1:47UNB roadshows in Asia and Europe this week as its $1 billion loan matures in end of this year. Bank plans to open a branch in Kuwait this year.
September 26, 2011 2:31
Egypt has no plans to issue an international bond currently and will rely on the local market to meet its financing requirements, the country's finance minister said on Wednesday.
September 7, 2011 11:52
After years of convincing UAE residents cards are the future, looks like people are finally coming around.
August 21, 2011 3:41
The tripling cost of chartering LNG vessels to $110,000/day and the likes of Qatar and Peru offering new supplies indicate that the shipping sector could be an investment safe haven.
August 11, 2011 11:58H2 loan growth revised to 1-2 pct from 3-4 pct; Q2 net profit 744 mln dirhams vs 398 mln dirhams yr-ago; UAE GDP growth forecast 4.6 pct in 2011; Shares rise 1.22 pct in Dubai trade
July 26, 2011 10:13Abu Dhabi's First Gulf Bank has set initial price guidance for a five-year, dollar-denominated benchmark Islamic bond at 210 basis points above midswaps -Reuters
July 25, 2011 11:20Q2 net profit 744 mln dirhams vs 398 mln dirhams yr-ago; Impairment allowances for Q2 drop 18 pct; Rise in non-interest income help drive profits in Q2
July 25, 2011 9:02
Iraq’s banks muddle through as state banks hold business monopoly while private banks lack capital. Lack of an updated centralised system could be one of the culprits, no?
July 21, 2011 12:24
First Gulf Bank hits back with an official statement that Reuters article claiming the bank prefers nationals to expatriates. Precious de Leon reports.
July 13, 2011 4:08
George Belcher of Dewey & LeBoeuf's Abu Dhabi office analyses the impact of the UAE Insurance Authority’s proposals to impose limits on investments by insurers.
June 28, 2011 8:13
The motive behind the moves is more important than the moves themselves, and exactly how much of an impact will the shuffles have on Dubai’s banking sector.
June 28, 2011 8:01
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
The Emirates Identity Authority is 'keen' on making its ID cards more functional.
May 16, 2013 5:57
Controversial views from the clothing company's CEO causes huge backlash.
May 16, 2013 2:43
Michael Fay forged papers and operated as a pilot for Afriqiyah Airways for eight months. . .
May 14, 2013 11:26
