The gas-rich Gulf state has bought more than $5 billion or $6 billion of real estate assets over the last four to five months, mostly in the United States and Europe, Sheikh Hamad said
September 30, 2012 9:01
Fitch Ratings has assigned Doha Bank Q.S.C.'s (Doha Bank) $2 billion euro medium-term note (EMTN) programme a Long-term senior unsecured debt rating of 'A' and a Short-term senior unsecured debt rating of 'F1'.
March 6, 2012 10:52
The euro ended a roller coaster week sharply lower and may come under further selling pressure as Greece's bailout moves back into focus, and as the European Central Bank chimes in on monetary policy next week.
March 4, 2012 10:58
"This week's massive ECB liquidity injection into the market is also keeping the single currency vulnerable to selling, particularly against its higher yielding and riskier counterparts," said Omer Esiner, chief market analyst at Commonwealth Foreign Exchange in Washington.
March 3, 2012 5:09
Tensions over Iran, unrest in Syria and concern about refinancing of upcoming Dubai debt are making international investors wary of Gulf and other Middle Eastern markets this year, just as developed markets enjoy fresh gains.
February 7, 2012 2:25
Saudi Arabia's request is pretty clear cut. More financial contribution should mean more influence. But will the ego of the 'super power' countries get in the way?
January 24, 2012 4:52
The World Bank sharply cuts global economic growth forecast, seeing "real" risk of a slump like 2008/09. And it looks like it’ll be worse for developing countries
January 18, 2012 3:14
Standard Chartered has ended talks to acquire the Egyptian unit of Greece's Piraeus Bank because of a worsening economic climate, Piraeus said on Monday.
November 29, 2011 1:02
Banks in the UAE are in a good position and should not be affected by turmoil in global financial markets, the OPEC country's central bank said on Wednesday.
November 24, 2011 1:44
Gulf states should be largely unaffected by the euro zone debt crisis as their banks have minimal exposure to the bloc's debt, the head of Oman's central bank said on Friday, though he warned that they would not be immune to a broader global slowdown.
November 19, 2011 1:32
Originally planned to launch on March 7, BFX seems finally set to launch in two weeks with the bourse to remaining in Bahrain despite recent unrest.
April 6, 2011 2:46
Central bankers claim no influence on oil prices but history says otherwise. Meanwhile, the Euro hits 14-month high as Libyan rebels call on NATO for more strikes.
April 6, 2011 2:38
Arab News is imagining a time when the US dollar is no longer the world’s reserve currency. In this editorial, the paper examines the euro’s troubles and what they mean for the GCC.
December 30, 2010 12:33
To be replaced with the currency of "any other country that would cooperate with us."
August 9, 2010 4:25
With some analysts predicting euro-dollar parity by the first quarter 2011, expats in the UAE are anticipating a handsome payoff when it comes to sending cash home.
June 10, 2010 5:27