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uae debt

UAE Banks Told To Reduce Debt Burden Of Nationals

UAE Banks Told To Reduce Debt Burden Of Nationals

United Arab Emirates' central bank has directed lenders in the Gulf state to help reduce the debt burden of UAE nationals, with some bankers saying banks may have to write off certain personal loans.

March 18, 2012 11:10
 

Bank liquidity, debt spreads may lift UAE stocks-exec

Increased liquidity in the banking system and tightening debt spreads could spark the UAE's moribund equity markets into life and early investors can pick up stocks on the cheap, the chief executive of Dubai's Daman Investments said on Tuesday.

September 14, 2011 12:21
 
Hong Kong distress firm circles Nakheel’s $10.9B debt restructure

Hong Kong distress firm circles Nakheel’s $10.9B debt restructure

It’s a rare occurence in this region of fluid regulations, but SC Lowy Financial aims to invest in Nakheel trade claims, as it approaches creditors for deals.

July 31, 2011 1:21
 
Mambo No 7

Mambo No 7

WEF says the UAE is the 7th most efficient in terms of government spending. Governance and efficiency…who would have thought these two words would be said in the same breath?

March 29, 2011 1:47
 
Take a loan, do not go to jail

Take a loan, do not go to jail

Sometimes, the simplest ideas are the best. Like, for instance, not going to prison after you take out a loan.

February 24, 2011 1:52
 
Mideast faces higher debt costs but won’t default

Mideast faces higher debt costs but won’t default

Over $16 bln bonds due in Mideast, North Africa in 2011; Over $35 billion in syndicated bank loans mature this year; Default risk seen negligible but borrowing costs may rise.

February 23, 2011 4:48