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Nokia charging back with full force
Saudi government websites targeted
HSBC ME may join the ranks of Sharjah Islamic Bank and Islamic Devt Bank as it looks at potential sukuk issue, after having raised $500 million from a 5-year bond issue in October 2010.
May 24, 2011 9:58
US to relieve Egypt of up to $1 billion debt as Saudi is gives aid in soft loans, grants and Cbank funds. Egypt expects a 4 per cent GDP rise.
May 23, 2011 2:38CIMB CEO says not bidding for RHB stake; Abu Dhabi Commercial Bank is selling its $1.6 bln RHB stake; First round bids for stake are due Thursday - sources; RHB shares up 1.7 pct by midday; CIMB shares flat
May 19, 2011 8:50Deputy CEO to serve as acting chief executive; General manager of retail to act as deputy CEO; Emirates Islamic seen as candidate to buy Dubai Bank
May 18, 2011 3:48Order books are above $2 billion - document; Pricing on sukuk seen at 287.5 bps over midswaps
May 18, 2011 3:40Third largest US bank focuses on Iraqi financial institutions and public sector.
May 17, 2011 10:05Mashreq retail NPL ratio to improve - exec; Retail banking sector to remain difficult in 2011; Bank to focus on retaining existing customers
April 19, 2011 2:56
The $2 trillion global Halal industry is growing and companies in Southeast Asia are taking the lead in globalising halal standards. Where are the Middle Eastern companies in all of this?
April 5, 2011 2:22
The yearend showed a promising rise consumer confidence. Are we really spending more on food, clothing and hotels or is it just an illusion brought on by the holidays?
April 3, 2011 3:59
While protestors are raging in several Middle Eastern capitals demanding political and economic reforms, regime changes and an end to corruption, there’s been speculation on the impact on Islamic finance.
March 31, 2011 4:51E-downloads perfect for prepaid; Region has many unbanked women and youth; Government payroll identified as a key growth area; TNS exclusive research predicts 50% of UAE consumers are ready for prepaid
March 30, 2011 4:18Kuwait Projects Co has agreed to raise the company capital to $457.5 million.
March 30, 2011 4:06
Emirates NBD sees further provisions in 2011 on restructurings as the company eyes merger opportunities outside the UAE.
March 30, 2011 4:02Kuwait-based Gulf Investment Corporation (GIC) has reported 66 percent increase in profits for the year 2010.
March 26, 2011 4:29The Kingdom's central bank governor hopes that UAE re-join "when the time is right for them."
March 26, 2011 4:22
The state plans to get tough and reduce the number of foreign residents.
May 20, 2013 5:05
Two Arabtec employees who asked not to be identified said several thousand workers engaged on various projects did not report for duty on Sunday.
May 20, 2013 9:33
Yahoo! board unanimously approves the acquisition...
May 19, 2013 3:20
An FNC member to argue that minimum wages are 'taking advantage' of employers.
May 20, 2013 4:24
Controversial views from the clothing company's CEO causes huge backlash.
May 16, 2013 2:43
