Finance & Banking

FEATURED REPORT...
Posted: 11-08-2011
UAE. Dubai state companies are securing bank financing as the latest tumult in global markets fails to derail the emirate's recovery from the 2009 debt crisis. Dubai Holding LLC, one of the three main state-owned holding companies, reached an accord with lenders to extend a US$1.16 billion loan to December 2016, according to a company official. Port & Free Zone World FZE, an intermediate holding company for port operator DP World Ltd. (DPW), is raising US$850 million to refinance debt, three bankers familiar with the plan said. Investment Corporation of Dubai said on August 8 it will rep
Posted: May 30, 2017
UAE. Shailesh Dash emerged the clear favorite and this year's recipient of the Best Strategic Vision award.
Posted: May 30, 2017
UAE. App aims to help teach, guide, and influence GCC businesses and individuals alike to understand VAT and how it will impact their companies in the Gulf region once implemented.
Posted: May 25, 2017
UAE. Emaar Malls to acquire 51% of leading fashion e-commerce retailer in the Middle East in an all-cash transaction.
Posted: May 25, 2017
UAE. Over 25% of successors think they will lose market share to new entrants; Quicker than ever, the past is being left behind - a tendency that in the perception of many goes against the tradition of family-owned businesses.
Posted: May 25, 2017
UAE. 88% of executives surveyed in the Gulf region experienced a fraud incident in the past year compared to 62% in 2015, according to the Kroll Annual Global Fraud and Risk Report - the highest increase of any region.
Posted: May 19, 2017
UAE. Fetchr is a delivery-business and consumer technology app dedicated to disrupting shipping by eliminating the need for a traditional address, using its patented mobile technology solutions.
Posted: May 18, 2017
UAE. "We have incorporated sustainability as one of our key growth deliverables, and are proud to be a regional leader in innovation by developing smart and user-friendly products & services."
Posted: May 16, 2017
INTERNATIONAL. Britain's Labour Party has announced that if elected it would introduce a 45% income tax rate on incomes over 80k pounds, and a 50% rate over 123k.
Posted: May 15, 2017
SAUDI ARABIA. Deloitte hosts VAT academies in Saudi Arabia and Bahrain; prepares companies for implications of VAT implementation; designed for legal, tax and finance experts who want to have a better understanding from experts on the VAT legal framework.
Posted: May 15, 2017
UAE. Over the week Qatar was the best performer (+ 1.7%), breaking the 10,000 point up, followed by Egypt (+ 1.6%); UAE markets were mainly flat over the week.
Posted: May 12, 2017
SAUDI ARABIA. Riyadh seeking private investment and partnerships for ambitious development programme outlined in Vision 2030.
Posted: May 9, 2017
SAUDI ARABIA. The private Fund was established by Swicorp in partnership with Retal Urban Development Company, a fast-growing urban developer in Saudi Arabia.
Posted: May 9, 2017
UAE. Deloitte reveals the regulatory opportunities and challenges facing the financial services industry and the five ways that institutions can take advantage of the new regulatory changes to drive efficiency and growth.
Posted: May 5, 2017
UAE. High costs, slow transactions are major pain points in cross-border payment transfers, reveals survey commissioned by PayCommerce; International payments to cross US$54.8 trillion by 2022; 67% of companies keen on shifting to more cost-effective and transparent methods.
Posted: May 4, 2017
UAE. The Dubai Gold and Commodities Exchange (DGCX) witnessed an eventful month of trading across its precious metals, base metals and currency segments in April.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: May 30, 2017
UAE. How important are Apps in everyday life? Global research from A10 Networks spotlights importance of Apps in daily life, potential behavioural risks to personal, corporate security.
date:Posted: May 30, 2017
UAE. Payment plans have progressively eased from 2013 (when more than 80% of launches had payment terms that were front ended) to 2016 when more than 55% of launches had back ended and post-handover payment plans.
date:Posted: May 27, 2017
UAE. As demand for the luxury segment signals a comeback, developers have responded by scaling up launches; general consensus that the segment has underperformed appears to be factual.
UAE. Payment plans have progressively eased from 2013 (when more than 80% of launches had payment terms that were front ended) to 2016 when more than 55% of launches had back ended and post-handover payment plans.
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