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: August 17, 2017
LEBANON. Up to US$20 million will be on-lent to small and medium enterprises (SMEs) in Lebanon, in order to support their financing needs and contribute to creating more jobs and spurring growth and development.
Posted: August 17, 2017
UAE. The largest generic pharmaceutical manufacturer in MENA achieves sales of US$174.1 million with a net profit of US$17.4 million.
Posted: August 16, 2017
UAE. Jeff Youssef, Partner at Oliver Wyman and co-author of "Leveraging the Private Sector to Improve Airport Infrastructure", comments on airport privatisation in the region.
Posted: August 16, 2017
UAE. Newcomer employees can receive account number and debit card on date of joining.
Posted: August 15, 2017
UAE. Working Capital metrics have weakened each quarter since the oil price decline in fourth quarter 2014, leading to additional strain on liquidity, according to PwC's latest study
Posted: August 15, 2017
UAE. The partnership with Amlak Finance will allow Lootah's customers the opportunity to own more than just one property.
Posted: August 15, 2017
SAUDI ARABIA. Prestigious award recognizes NCB Capital's superior performance.
Posted: August 14, 2017
UAE. Announces plan to list UAE Real Estate Development business on DFM; Revenue for half-year 2017 is US$ 2.142 billion, an increase of 8% over the same period in 2016.
Posted: August 14, 2017
UAE. LexisNexis a leading provider of content and technology solutions - has entered into a content agreement with Diligencia, a respected provider of company information for the MENA region.
Posted: August 14, 2017
UAE. Al Masah Capital: A set of disappointing regional earnings for Q2 coupled with negativity on the global scene had its effect with a subdued market performance last week.
Posted: August 14, 2017
UAE. Saudi Arabia hosted the only three IPOs of this quarter; they were allocated between Saudi Stock Exchange primary market (Tadawul) and the parallel market (NOMU).
Posted: August 12, 2017
UAE. Topics discussed in the summer 2017 issue of Deloitte's quarterly publication, Middle East Point of View: 5G technology, risk management in the Middle East construction market, non-performing loans, and GCC family businesses.
Posted: August 10, 2017
INTERNATIONAL. Gold holds the line after strong NFP; Investors seeking diversification; US political risk still a factor; Key retracement support at $1,247/oz yet to be challenged.
Posted: August 10, 2017
SAUDI ARABIA. Faster growth in output and new orders helped the headline PMI in Saudi Arabia rise in July; Firms were more optimistic, and this likely contributed to increased buying activity and inventory accumulation.
Posted: August 10, 2017
UAE. The revised outlooks "reflect IGI's consistent record of very strong operating performance and the continuous improvement in its enterprise risk management framework."

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: August 18, 2017
UAE. As many as 292 tenders with an estimated value of US$9.5 billion were awarded in Q2, while the total value of urban construction project awards set to reach US$50.9 billion in 2017, according to BNC Network.
date:Posted: August 17, 2017
UAE. Inaugural Global Interconnection Index finds interconnection becoming an essential building block of the global digital economy.
date:Posted: August 16, 2017
UAE. Jeff Youssef, Partner at Oliver Wyman and co-author of "Leveraging the Private Sector to Improve Airport Infrastructure", comments on airport privatisation in the region.
UAE. Cisco's security research organization Talos says once this ransomware enters your system, it uses three ways to spread automatically around a network, one of which is the known Eternal Blue vulnerability.
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