Europe is not seeking UAE help
Speaking as euro zone reforms its bailout fund; UAE c.bank investing in US Treasuries again; Local bank lending growth good given circumstances
November 29, 2011 1:05Dubai’s Emirates NBD may issue bond, timing key
ENBD keeping bond options open; No decision on sukuk sale yet, timing key;Could confirm banks this week for possible issue; Co has issued $500M in 2011 in private placements
November 28, 2011 2:48Dubai’s ENBD plans no further Network Intl sell-down
Emirates NBD, Dubai's largest bank, does not plan to further sell down its stake in Network International, the chairman of the payment processing firm said on Tuesday.
November 16, 2011 1:07Abu Dhabi’s Al Hilal Bank mandates for debut Islamic bond
Abu Dhabi's Al Hilal Bank has picked three banks to arrange its debut Islamic bond, or sukuk, three sources familiar with the matter said on Monday, with the deal expected to emerge in the first quarter of 2012, one of them added.
November 14, 2011 1:44
UAE deposit growth slows as Arab Spring effect fades
Bank deposit growth slows to 10-mth low in September as Arab Spring-related inflows decrease and conditions for big rise of interbank rates are just not in place.
November 10, 2011 4:59Oman may issue sukuk
Oman may in future consider issuing Islamic bonds or sukuk, the country's central bank head Hamood Sangour al-Zadjali said on Monday.
October 31, 2011 10:47Lebanon’s Bank Audi wins approval for Turkish unit
Lebanon's Bank Audi said it had won approval to open a subsidiary deposit bank in Turkey with share capital of $300 million.
October 29, 2011 3:05Dubai Islamic Bank Q3 profit climbs 10.5 percent
Dubai Islamic Bank , the Gulf Arab emirate's third-largest bank by market value, reported on Saturday a 10.5 percent rise in third-quarter net profit, beating analyst expectations.
October 29, 2011 3:03Deutsche shifts top Mideast ECM banker to London
Deutsche Bank is moving its top Middle East equity banker to London from Dubai, the bank confirmed, the latest in a string of moves by international banks prompted by low business volumes in the region.
October 15, 2011 4:00Deutsche shifts top Mideast ECM banker to London
Deutsche Bank is moving its top Middle East equity banker to London from Dubai, the bank confirmed, the latest in a string of moves by international banks prompted by low business volumes in the region.
October 15, 2011 3:59
Egypt to tap local market for financing -FinMin
Egypt has no plans to issue an international bond currently and will rely on the local market to meet its financing requirements, the country's finance minister said on Wednesday.
September 7, 2011 11:52
Plastic fantastic–Is the UAE becoming a paperless society?
After years of convincing UAE residents cards are the future, looks like people are finally coming around.
August 21, 2011 3:41
Toyota to offer low down payment deal, hopes to sell 7K units for Ramadan
Toyota, under the management of Al Futtaim Motors, has announced this Sunday that it will be offering a 'Unique Down Payment Solution' across all Toyota models, which it says is still under the Central Bank's guidelines.
July 31, 2011 12:34UAE’s First Gulf Bank sets initial guidance for sukuk sale
Abu Dhabi's First Gulf Bank has set initial price guidance for a five-year, dollar-denominated benchmark Islamic bond at 210 basis points above midswaps -Reuters
July 25, 2011 11:20
Limiting Factors: how will investments flourish when insurers are blocking them?
George Belcher of Dewey & LeBoeuf's Abu Dhabi office analyses the impact of the UAE Insurance Authority’s proposals to impose limits on investments by insurers.
June 28, 2011 8:13
Qatar's Leverage Over Banks Is On The Wane
Qatar needs to find a home for billions of dollars raised from gas exports each year, writes Una Galani.
May 22, 2013 9:43
First report by Etisalat covering global footprint
Telecom company exhibits its high impact projects, including Mobile Baby.
May 21, 2013 6:01
Qatar Should Consider More Flexible Exchange Rate - Central Banker
As the World Cup draws closer, Qatar's fiscal spending, its only policy tool, may become difficult to restrict.
May 21, 2013 4:23
Minimum wage 'unfair' for employers?
FNC member argues that minimum wage for domestic workers and maids is 'taking advantage' of employers.
May 20, 2013 4:24
Taking on Abercrombie & Fitch
Controversial views from the clothing company's CEO causes huge backlash.
May 16, 2013 2:43