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 10, 2018
LEBANON. Byblos Bank issued today the latest results of the Byblos Bank/AUB Consumer Confidence Index.
Posted: May 9, 2018
SAUDI ARABIA. A contraction in new orders, easing job creation and softer output growth contributed to the slowdown.
Posted: May 9, 2018
NEW YORK. Stronger commitment to AI could boost revenues 34% and employment 14% by 2022.
Posted: May 8, 2018
UAE. Inflationary pressures sharpened as businesses and input suppliers capitalised on stronger demand conditions; In response to greater growth impetus, business confidence reached a 34-month high.
Posted: May 8, 2018
KUWAIT. The country offers a series of potential benefits to foreign investors including income tax holidays up to 10 years.
Posted: May 8, 2018
UAE. The second edition of AIM Startup closes with resounding success.
Posted: May 8, 2018
BAHRAIN. New global forum, Gateway Gulf, will bring together a select group of 500 global investors and CEOs to unlock opportunities across the GCC
Posted: May 8, 2018
UAE. The profession must step up to meet the challenges and opportunities that lie ahead as technology advances, according to a paper by IMA.
Posted: May 8, 2018
UAE. The Boston Consulting Group demystifies the technology to help bridge the gap between AI ambition and execution for UAE businesses; The launch of the UAE Strategy for Artificial Intelligence is the first of its kind in the world.
Posted: May 7, 2018
UAE. Winners of MEED Projects Awards, in association with Mashreq, revealed.
Posted: May 7, 2018
INTERNATIONAL. Wealth Managers showed strong results in 2017 with global financial wealth growing by 7%; Efforts to diversify revenue streams over the past decade will not provide a sufficient hedge against revenue declines from a market downturn.
Posted: May 6, 2018
Dr. B. R. Shetty creates "Finablr", a holding company that intends to consolidate his global financial services brands.
Posted: May 5, 2018
HONG KONG. Branded as "LuLu Money" in Hong Kong, this is LuLu Financial Group's tenth country of operation and second in the APAC region.
Posted: May 5, 2018
EGYPT. Mohamed Magdi Omar will have full responsibility for the growth of Lockton Egypt, helping launch its market leading proposition and enabling the business to provide on the ground support for its clients
Posted: May 5, 2018
INTERNATIONAL. Partners with global energy private equity firm First Reserve.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: May 21, 2018
UAE. A new defence is being developed that will allow companies to tackle the latest threats as soon as they appear on the network; Machine learning enables AI to detect patterns in all sorts of data sources and create behaviours based on recognized patterns.
date:Posted: May 17, 2018
UAE. The report states that 50% of SME funding applications are rejected by banks and that alternative trade finance, powered by FinTech and Blockchain, is on the rise.
date:Posted: May 17, 2018
INTERNATIONAL. New research shows trust in organizations is diminished as consumers believe businesses don't know how to protect their data.
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