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UAE Central Bank open to some lending limit exemptions - paper

UAE Central Bank open to some lending limit exemptions

The United Arab Emirates' central bank could grant exemptions to some banks over planned lending limits to sovereign and state-linked entities, pushing compliance beyond the September 30 deadline, its chairman told a local newspaper on Wednesday.

May 31, 2012 11:38
 
Fujairah fuel storage

Fujairah port boosting oil storage capacity

Oil storage capacity in the UAE’s port of Fujairah is expected to rise to around 7.8 million cubic meters by…

May 22, 2012 3:28
 
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UAE’s Fujairah port boosting oil storage capacity

Oil storage capacity in the UAE’s port of Fujairah is expected to rise to around 7.8 million cubic meters by…

May 22, 2012 9:34
 
http://www.dreamstime.com/-image13249544

ICD says Dubai Duty Free ups loan to $1.5 billion

Airport retailer Dubai Duty Free has increased the size of a multi-tranche loan facility it is currently raising to $1.5…

May 22, 2012 9:20
 
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DIFC investments $1 billion loan near; to help Sukuk REFI

DIFC Investments, the investment arm of the company running Dubai’s financial free zone, is close to securing a $1 billion…

May 22, 2012 9:11
 
TabariDSI

Dubai’s drake closes in on $300 million Iraq contract – CEO

Dubai contractor Drake & Scull , which has shifted its focus abroad after a slowdown in the United Arab Emirates’…

May 22, 2012 9:09
 
imf

UAE government firms’ debt refinancing ‘a challenge’ – IMF

Refinancing the debts of the United Arab Emirates’ government-related entities (GREs) remains a challenge made more difficult as European banks…

May 22, 2012 9:06
 
UAE Trade

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
 
UAE Needs Rules to Help Banks Manage Property Risks – C.Banker

UAE Needs Rules to Help Banks Manage Property Risks – C.Banker

The United Arab Emirates needs to develop rules and institutions allowing banks to control and oversee mortgages effectively, which would help manage risks and encourage property lending.

April 5, 2012 1:53
 
UAE’s Emal sales to US to more than double in 2012

UAE’s Emal sales to US to more than double in 2012

Emirates Aluminium (Emal), a joint venture between Abu Dhabi's Mubadala and Dubai Aluminium (Dubal), is looking to double its exports to the United States by the end of 2012 as demand from the automotive industry rises, it said on Wednesday.

March 21, 2012 2:06
 
Dubai Holding eyes sale of remaining stage in Axiom

Dubai Holding eyes sale of remaining stage in Axiom

Dubai Holding, the conglomerate owned by the ruler of Dubai, is considering a sale of its remaining 26-percent stake in local mobile phone retailer Axiom Telecom, three sources familiar with the matter said.

March 13, 2012 2:18
 
Middle East airlines ‘unstoppable’ – Emirates Executive

Middle East airlines ‘unstoppable’ – Emirates Executive

A top Emirates executive has delivered a warning to Europe's struggling airlines that they could lose more business to booming Middle East carriers as they pay the price of years of political neglect.

March 12, 2012 3:49
 
Emirates NBD introduces three new personal loan options

Emirates NBD introduces three new personal loan options

In a move to enhance consumer access to finance and boost its loan portfolio, Emirates NBD launches three new variants of its personal loan offering to customers.

March 11, 2012 1:14
 
The Business of…The Coolest Work Places

The Business of…The Coolest Work Places

From bringing your pet to work to playing with Legos for a living, Kipp looks at the top 6 coolest places to work.

March 5, 2012 5:22
 
UAE’s ENBD sets price guidance for Yuan bond

UAE’s ENBD sets price guidance for Yuan bond

Price guidance for a 3-year benchmark yuan bond from Dubai lender Emirates NBD is in the 5 percent area with final pricing expected later on Monday, leads said.

March 5, 2012 1:20
 
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