Register for our free newsletter

Latest News

Euro crisis


CONTAGION THREAT: Euro contagion to worsen youth joblessness globally

Unemployment among young people is likely to rise globally as the euro crisis hits emerging economies and more discouraged jobless youth drop out of the labour force altogether, the International Labour Organization said on Tuesday.

September 5, 2012 10:07
UAE may face risks from deepening euro crisis

IMF: UAE may face risks from deepening euro crisis

UAE banks only moderately exposed to Europe; Able to handle significant rise in bad loans; but foreign funding shock could tighten bank liquidity

June 10, 2012 5:52

Amnesty accuses UN Council of “failed leadership”

Calls for reform of veto powers after Syria; Looks for progress in arms trade talks

May 26, 2012 9:35

IMF cuts Greece forecast but sees bondholder deal

The International Monetary Fund (IMF) said on Tuesday it anticipates a deeper recession for Greece through 2012, but expressed optimism for a deal with private bondholders to help make the country's debt more sustainable.

December 14, 2011 11:02

Oman stress-tests banks to limit Euro crisis impact

Oman has started implementing stress tests in its banking sector to limit the impact of the euro zone crisis and a feared global recession, a senior central bank official said on Sunday.

December 11, 2011 6:20

Europe is not seeking UAE help

Speaking as euro zone reforms its bailout fund; UAE investing in US Treasuries again; Local bank lending growth good given circumstances

November 29, 2011 1:05

Switzerland’s Julius Baer still seeking Bank Sarasin

Bidding for whole stake in private bank; Expects better second half for asset base

November 23, 2011 10:22
Qatar buys Greek giants at a steal

Qatar buys Greek giants at a steal

Between its foray into Greek banking, construction and mining, Qatar is on the verge of getting Greece in its pockets. Una Galani breaks it down for you.

October 5, 2011 1:03
Next week: A sideways GCC market and Egypt on a rollercoaster

Next week: A sideways GCC market and Egypt on a rollercoaster

Investors flock to smaller markets as the GCC feels shockwaves from the Euro crisis. Kuwait is volatile while Saudi Arabia shows healthy signs of life. Reuters analysts share their forecasts.

July 21, 2011 12:42