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Gulf-based sukuk funds grow 31 pct in 2011; But half of them account for 91 pct of assets; Aggregate size tiny compared to sukuk market; Funds' turnover ratios generally low; Industry still lacks firm that originates and underwrites
June 21, 2012 5:19
A top commercial banker in the United Arab Emirates has urged the central bank to cut some of its reserve requirements sharply in order to spur corporate lending.
June 20, 2012 11:35
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
Saudi Arabia's National Industrialization Company (Tasnee) will begin meeting investors next week ahead of a potential debut Islamic bond, or sukuk, the petrochemicals firm said in a regulatory filing.
May 1, 2012 9:33
New rules to reduce severity of liquidity problems; Banks need to comply with new rules from September
June 1, 2011 2:19
Lack of liquidity continues to plague the local financial markets. Regional unrest and a world economy on the brink again won’t help. Will a new SME IPO market?
March 15, 2011 2:14
Dynamic corporate leaders in the region are increasingly approaching their roles with optimism and energy. But this contrasts with analysts, who remain resolutely cautious about the economic environment.
June 22, 2010 2:29
Despite government bailouts, tight liquidity persists throughout the Emirates.
May 7, 2010 10:18The ratings agency said that the Dubai Holding Commercial Operations Group’s liquidity position had deteriorated.
January 25, 2010 3:53
The kingdom’s financial sector is reporting good numbers, and the central government is not reeling under any external debts. Analysts say that Saudi remains largely shielded from the financial crisis.
August 9, 2009 10:32
Majid al-Ghurair, CEO of the Dubai-based conglomerate al-Ghurair Group says that it is important to build confidence in the markets to fight off the recession.
March 31, 2009 2:39
Comments made by the UAE central bank’s governor suggest that banks in the country are not doing too badly.
January 22, 2009 11:43
And others in the region may follow. “It's as close as this place comes to a reality check,” says one analyst.
September 23, 2008 12:31
As the UAE central bank injects cash into the financial system, Standard Chartered says managing the economy will be “a tough balancing act.”
September 22, 2008 4:18
The Dubai Mercantile Exchange has sold 20 percent equity to bring in Shell and Morgan Stanley. But what can they do?
August 12, 2008 10:59
The Emirates Identity Authority is 'keen' on making its ID cards more functional.
May 16, 2013 5:57
The airline said there had been little impact on May 15 from a strike in protest over pay and previous sackings.
May 16, 2013 2:57
Last year, the German carrier posted its first annual profit since 2007.
May 16, 2013 10:54
Controversial views from the clothing company's CEO causes huge backlash.
May 16, 2013 2:43
Michael Fay forged papers and operated as a pilot for Afriqiyah Airways for eight months. . .
May 14, 2013 11:26
