Power of criminal sanctions: Libor reform effect on GCC business
Any reforms in setting Libor will affect the cost of doing business in the GCC and hence should be of importance to both lenders and borrowers...
September 24, 2012 2:27
Dubai’s Limitless to sign $1.2 billion debt deal in September
Limitless, the indebted property arm of Dubai World, is aiming to conclude its $1.2 billion debt deal with creditors by the end of September, the company said on Tuesday.
September 4, 2012 5:34
UAE central bank confirms Barclays to leave rate-setting panel
The United Arab Emirates central bank confirmed Barclays has asked to withdraw from the country's interbank lending rate-setting panel, and will leave after completing a mandatory 90-day notice period.
July 19, 2012 11:00
Libor scandal forces Barclays from UAE rate panel
British bank Barclays plans to pull out of the rate-setting panel for interbank lending in the United Arab Emirates because of its involvement in the Libor scandal in Britain, industry sources told Reuters on Sunday.
July 16, 2012 10:28
Over 90% of passwords vulnerable to hacking
Passwords in the Middle East - even ones deemed to be "strong" - are actually susceptible to infiltration.
May 23, 2013 8:51
'Renewable energy absolutely necessary' - Saudi
Oil saving win-win drives Saudi solar power boom...
May 23, 2013 4:56
Real cost of sending your child to a Dubai school
Ambareen Musa, founder of Souqalmal.com, reminds parents of the hidden and additional costs of education.
May 23, 2013 1:19
Gold iPad at Burj Al Arab
Device to be a “virtual concierge” for luxury hotel's guests.
May 22, 2013 12:04
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