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: January 20, 2018
INTERNATIONAL. The noteholders, which have provided significant support to the business, are now the new owners of the Group.
Posted: January 19, 2018
INTERNATIONAL. Saxo Bank's strategy team sees a market full of potential hazards as we head into 2018; From central bank policy normalisation to rising inflation expectations, from fiscal deficit expansions to cross-asset correlations, the signs are all there.
Posted: January 19, 2018
LONDON. No Agent partners with Experian, reporting rental payment history to enhance tenants' credit histories.
Posted: January 19, 2018
CHICAGO. No. 17 fastest-growing private company in the United States will use the new currency to facilitate international expansion.
Posted: January 19, 2018
LEBANON. Byblos Bank will use the Loan to support energy efficient investments in Lebanon such as industrial equipment upgrades, energy efficient buildings, commercial vehicle replacements, and energy service and supply companies.
Posted: January 18, 2018
UAE. Listing on NYSE represents a milestone for the company.
Posted: January 18, 2018
ADGM has amended its Data Protection Regulations 2015 to enhance the clarity and effectiveness of the regime.
Posted: January 18, 2018
UAE. The company's commercial tenants are now able to pay rents and service charges by using digital currency along with the traditional payment systems.
Posted: January 17, 2018
SAUDI ARABIA. 15 funding deals led by supporting venture capital firms, individual investors' networks and governmental institutions; 64% increase in comparison with the previous year.
Posted: January 17, 2018
QATAR. Net Profit reached QAR13.1 billion (USD3.6 billion), up by 6% compared to last year.
Posted: January 17, 2018
UAE. JetPrivilege members can now earn JPMiles when they shop on Letstango.com. The accumulated JPMiles can be further redeemed for Free Award Flights to over 1000 destinations across the globe.
Posted: January 16, 2018
UAE. The application enables physical trading of commodities UAE. and currencies with delivery and storage facilities for precious metals such as gold and silver.
Posted: January 16, 2018
UAE. The Board's role in understanding and monitoring digital and cyber risk has been highlighted by a multitude of lawsuits alleging Boards were asleep at the switch in the face of a known danger.
Posted: January 16, 2018
UAE. "Innovation and rapid digitalization are creating a pressing need to address ICT skills gaps globally," says Sajwani.
Posted: January 16, 2018
INTERNATIONAL. Most top cryptocurrencies favour security and omnipresence, but privacy is often found more in the sales pitch, than in practice.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: January 20, 2018
LONDON. The impact of machine learning applications - from machine vision to voice recognition - will be massively enhanced via the deployment of 800,000 machine learning centric chips in data centres this year, roughly quadruple the volume in 2016.
date:Posted: January 20, 2018
UAE. A large youth population, fast- improving mobile connectivity and a flood of new streaming platforms into the market will drive growth.
date:Posted: January 19, 2018
INTERNATIONAL. Saxo Bank's strategy team sees a market full of potential hazards as we head into 2018; From central bank policy normalisation to rising inflation expectations, from fiscal deficit expansions to cross-asset correlations, the signs are all there.
LONDON. The impact of machine learning applications - from machine vision to voice recognition - will be massively enhanced via the deployment of 800,000 machine learning centric chips in data centres this year, roughly quadruple the volume in 2016.
dhgate