Impact on UAE trade of Iran sanctions moderate-IMF
The recent tightening of international sanctions against Iran are expected to only have a “moderate” impact on the economic growth…
May 21, 2012 8:54
EBRD agrees 1 billion euro North Africa fund
European Bank for Reconstruction and Development shareholders agreed a €1 billion ($1.27 billion) special fund for the Middle East and…
May 20, 2012 9:49
Taking Stock
Ranvir Nayar takes a closer look at how GCC’s stock markets are behaving
May 17, 2012 3:32
Kuwait’s agility Q1 profit falls 8.1 percent as costs rise
Q1 profit 7.1 million dinars vs. 7.7 million dinars a year ago; Q1 revenue rises 1 percent to 321.8 million dinars
May 17, 2012 11:30
Saudi Inflation Pressure to Continue In Second Quarter
Inflationary pressures are likely to continue in Saudi Arabia in the second quarter, the central bank said in a report published on its website;"The available data points to an expectation of continued inflationary pressure... during the second quarter of 2012," said a quarterly inflation report issued by the Saudi Arabian Monetary Agency (SAMA).
May 13, 2012 3:57
South Korea says UAE, Saudi promise more oil
The United Arab Emirates and Saudi Arabia have promised to fill any gap in South Korea's oil imports if supplies from Iran are disrupted, South Korean Minister of Strategy and Finance Bahk Jae-wan said on Monday.
May 7, 2012 3:34
Bahrain Must Restore Confidence in Its Economy-IMF
Bahrain must consider policies to help restore confidence in its economy after last year's pro-democracy uprisings hurt the small oil exporter's growth, the IMF said on Tuesday; Bahrain's economic growth slowed to 2.2 percent in 2011, down from 4.5 percent in the previous year after social unrest forced businesses to close and investors to withdraw from the country's mutual funds
April 25, 2012 10:49
Mashreq Bank Q1 Net Profit Up 2 Percent
Mashreq bank posted a 2 percent rise in first-quarter earnings, as a fall in provisions outweighed lower total income. Net profit increased to 271 million dirhams ($73.8 million) in the period, up from 265.3 million dirhams a year earlier, a bank statement said.
April 25, 2012 10:39
Aramex Q1 Net Profit Rises 22 Percent
Aramex posted a 22 percent rise in first-quarter net profit on Tuesday, driven by higher revenue from the Gulf and contributions from its recent South African acquisition
April 24, 2012 9:12
Egypt to Offer 3 Billion Pounds in Reopened Bonds
Egypt's Ministry of Finance will offer 3 billion Egyptian pounds ($494.7 million) in reopened bonds at an auction on April 30, the central bank said on Monday.
April 23, 2012 4:23
Commercial Bank of Qatar Q1 Profit Rises 5.6 Percent
The Commercial Bank of Qatar (CBQ) posted a 5.6 percent jump in first quarter profit on Sunday on increased lending and deposits, but still fell shy of analysts' average forecast.
April 23, 2012 9:17
Morocco to Raise Solidarity Tax on Firms to Help Poor
Budget amendment extends reach of tax in 2012; Funds to help develop poor areas to stem discontent; two rates, depending on level of profit.
April 10, 2012 9:45
Egypt's Plan to Sell Debt to Citizens Abroad Delayed
An Egyptian plan to sell certificates of deposit (CDs) - a form of debt - to its citizens living abroad to finance its deficit has been delayed because of technical problems over their issue in a single Gulf country, a minister said on Wednesday.
April 5, 2012 1:22
Egypt Says No IMF Agreement Until June
Egyptian Planning Minister Faiza Abu El-Naga said on Monday that Egypt is expected to sign a $3.2 billion financing package with the International Monetary Fund in June, three months later than it had previously hoped.
April 3, 2012 3:58
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- Blog
UAE women encouraged and discouraged to become athletic.
People like to say the UAE is a country rife with contradictions-but the point couldn’t be better illustrated by two articles in the local press this week.
May 21, 2012 3:47 0Scammers in the UAE?
Times are a-changing; the safe UAE Kipp grew up in, is changing too. Be cautious of fraudsters and always be careful with your credit card...
May 20, 2012 4:09 0 - Readers' Comments
BREAKING NEWS: Revamped Kippreport.com slicker, sweeter and super efficient
Great work to everyone who worked on the project :)
May 20, 2012 11:21In Pictures: The tallest cities in the Arab world
Thanks for changing it. Thumbs up :)
May 13, 2012 8:25 - Editor's Choice
Flying Shoppers: Dubai hopes airline passengers could ease its debt burden
With its bank credit scarce, Dubai is planning to raise at least $500 million by issuing bonds secured against future revenues of Dubai Duty Free. Will shopping save the day?
March 6, 2012 2:18 1‘Dr Doom’ says buy precious metals as Iran-Israel clash ‘inevitable’
"If you can't live with volatility, stay in bed," says 66-year old economist Marc Faber, who cautions people to secure wealth by buying precious metals and investment equities.
March 6, 2012 1:42 1 - Latest Features
The World’s Most Expensive and Exclusive Eyewear
As the world’s most expensive glasses will be launched this Sunday, Kipp takes a look at some of the most expensive and exclusive eyewear.
May 10, 2012 4:21 0What to get your Mum this Mother’s Day?
Mother’s day is around the corner and if shopping for gifts just isn’t your thing, take a look at Kipp’s top six gift ideas for Mother’s Day…
May 9, 2012 4:37 0
Dubai Municipality launches well-intentioned but weirdly executed awareness campaign.
So how exactly is the Municipality executing this campaign? A series of lectures, workshops, film screenings, awareness drive and, wait for it, taxi drivers.
May 21, 2012 3:53
‘Affordable’ property on the Palm? Oh! How the mighty have fallen...
Benevolent master developer to cater for those ‘less-well-heeded,’ with affordable studios at the Palm Views East and West.
May 21, 2012 3:44
UAE women encouraged and discouraged to become athletic.
People like to say the UAE is a country rife with contradictions-but the point couldn’t be better illustrated by two articles in the local press this week.
May 21, 2012 3:47
Scammers in the UAE?
Times are a-changing; the safe UAE Kipp grew up in, is changing too. Be cautious of fraudsters and always be careful with your credit card...
May 20, 2012 4:09