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: December 18, 2017
INTERNATIONAL. 51 euro offer price, representing a premium of 57% over the closing price as of 8 December 2017; All-cash offer unanimously recommended by Gemalto's Board of Directors and unanimously approved by Thales's Board of Directors.
Posted: December 18, 2017
UAE. Investment reflects growing adoption of malware isolation across large and midsize enterprises.
Posted: December 17, 2017
UAE. The recent increase in mortgage activity can be attributed towards the rise of end users and investors taking advantage of capital structure through leverage. Structurally speaking, the higher levels of mortgage indicate that there will be lower levels of "flipping".
Posted: December 17, 2017
UAE. Over the week, three out of the seven indices were in green, while four were in red.
Posted: December 17, 2017
UAE. Described by many of his employees and peers in business circles as a man who "walks the talk", Al Ghurair's commitment to personal wellbeing and achievements is inspirational.
Posted: December 17, 2017
UAE. Announced MENA IPO deal value reached US$236.7 million in Q3 2017; Musharaka REIT Fund in Saudi Arabia raised US$ 95.1 million, largest IPO by capital raised; Global IPO activity for 2017 on course to be the busiest year since 2007.
Posted: December 17, 2017
UAE. EY recently held the GCC VAT Seminar for Korean companies in Dubai; Companies in the EPC sector concerned about their VAT preparedness.
Posted: December 17, 2017
INTERNAIONAL. Today, MIAX Options lists and trades options on over 2,700 multi-listed classes and is recognized within the options industry for its exceptional technological capabilities, risk assessment and management as well as quality customer service.
Posted: December 17, 2017
INTERNATIONAL. The cryptocurrency CLOAK protects the privacy of the user and guarantees secure transactions with a maximum processing speed of 60 seconds.
Posted: December 15, 2017
SWITZERLAND. Creating a synergistic advantage between the two companies in terms of unlocking mainstream adoption for blockchain technology.
Posted: December 15, 2017
UAE. Deloitte showcased the investment it has been putting into its Indirect Tax practice to support tax reform in the Middle East and guide businesses through these uncertain times.
Posted: December 14, 2017
AMSTERDAM. Gemalto, the world leader in digital security, says it is best positioned to grow successfully on a standalone basis and create long term value for its stakeholders, including its shareholders; Atos proposal does not form the basis for constructive engagement.
Posted: December 14, 2017
UAE. Two-way trade between UAE and China crossed US$35 billion in the first 9 months and is expected - for 2017 - to overtake last year's US$46.3 billion.
Posted: December 14, 2017
KUWAIT. The Portfolio has been sold to a joint venture backed by a China based alternative asset manager.
Posted: December 14, 2017
UAE. IA professionals and executive stakeholders increasingly want internal auditors to become strategic business partners.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: December 18, 2017
SAUDI ARABIA. The majority of women in Saudi Arabia (70%) say that they are most likely to drive after the ban is lifted. However, men will remain the decision-makers when it comes to car purchases.
date:Posted: December 17, 2017
UAE. The recent increase in mortgage activity can be attributed towards the rise of end users and investors taking advantage of capital structure through leverage. Structurally speaking, the higher levels of mortgage indicate that there will be lower levels of "flipping".
date:Posted: December 17, 2017
UAE. Announced MENA IPO deal value reached US$236.7 million in Q3 2017; Musharaka REIT Fund in Saudi Arabia raised US$ 95.1 million, largest IPO by capital raised; Global IPO activity for 2017 on course to be the busiest year since 2007.
UAE. The region will see the launch of new, futuristic technologies & solutions at the Future Cities Show, held in April 2018, that will change the way we live and work in the urban environment.
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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