Lending limit deadline hits but still no Central Bank guidance – UAE
Since the largest UAE banks have been supporting GREs during debt restructurings, clarity on the issue is important for the economy.
October 1, 2012 8:45
Banks in UAE in the dark and waiting
With the exact reasons for the central bank's silence a mystery, some bankers have speculated that the possibility of changes to key personnel may be responsible.
September 25, 2012 11:31
UAE banks profit from Europeans’ retreat
The rise in lending by local banks suggests that so far at least, fears that a pullback by European banks would create a shortage of funding and hurt the UAE economy are overblown.
August 21, 2012 10:55
UAE banks afraid of lending to Brits?
After British defaulters and absconders were unable to be extradited back to the UAE, banks are beginning to worry about lending money to Brits
August 8, 2012 4:00
'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
BurgerFuel rockets its way across Dubai
Gourmet burger chain expanding in the world's second most significant retail environment.
May 23, 2013 1:17
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