Bahrain’s GFH restructures $45 million debt
Bahrain, restructuring, Islamic investment bank Gulf Finance House, $100 million wakala-structured facility, Bahrain-based Liquidity Management Centre
July 16, 2012 4:51
RBS, others quit Dubai group debt talks
RBS, two other banks quit talks, threaten legal action; Concessions offered to end banks' dissension – sources; Legal action threat may be negotiating tactic - analyst
July 10, 2012 11:36
MENA M&As survive on mid-size deals and SWFs
Modest recovery is expected in mergers and acquisitions across MENA next year, with most driven by mid-size restructuring. Not a bad start for 2012, but not great either.
September 26, 2011 12:25Banks in UAE will face Dubai World fallout in second quarter
With 15 billion in exposure to Dubai World, the central bank expects UAE’s local banks will take brunt of restructuring impact.
April 26, 2010 9:11
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