The $22B-mystery: how did ‘name lending’ lead to the collapse of banks in the region
Mohammed Algosaibi talks to Reuters about the $22-billion-lesson his family learned about the dangers of ‘name lending’ in the Middle East.
June 13, 2011 12:57
Will UAE companies face justice, US style?
Barker-Homek’s half billion dollar suit against Taqa is just the latest lawsuit filed against UAE and Gulf companies in the US. But there’s no guarantee it will succeed there.
September 1, 2010 4:41
Blown billions, Part II
Banks in the Gulf and beyond are reeling from Saudi Arabia’s Saad and al-Gosaibi scandal. We look at the web of relationships behind a dispute that will change the way business is done in the region, reports Trend magazine. Part II
October 17, 2009 9:27
Blown billions, Part I
Banks in the Gulf and beyond are reeling from Saudi Arabia’s Saad and al-Gosaibi scandal. We look at the web of relationships behind a dispute that will change the way business is done in the region, reports Trend magazine. Part I
October 14, 2009 4:44
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