Finance & Banking

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: September 10, 2017
ZURICH. " A successful hunt for yield in these markets is demanding; expertise and experience are what count."
Posted: September 9, 2017
UAE. UAE and Kuwait to see greatest level of activity in Q4; Saudi and Bahrain USD sovereign deal probable before end of year; Qatar will weather the storm and continue to grow in 2018 and 2019.
Posted: September 8, 2017
KUWAIT. Markaz report examines and analyzes the performance of equity markets in the MENA region; Blue chips were mostly positive, except the ones from Qatar, which performed negatively in August.
Posted: September 8, 2017
LEBANON. In recognition of the bank's recently launched innovative products and services, notably its mobile payment application ByblosPay, and the instant card issuance service.
Posted: September 8, 2017
UAE. Ten teams will be shortlisted to give a demo on 22 October as part of the FinTech Abu Dhabi event.
Posted: September 8, 2017
INTERNATIONAL. Specim, Spectral Imaging has agreed to an investment of 3.5 million euros by Bocap SME Achievers Fund II Ky, with the aim to double its current 10 million euros revenues by 2020.
Posted: September 7, 2017
BAHRAIN. In partnership with Bahrain EDB & Investcorp, forum to explore emerging technologies and promoting a culture of innovation in the Arab region.
Posted: September 7, 2017
UAE. The Exchange ends summer on a fruitful note with volume hike on its key products and move towards launching region's first Sharia-compliant Spot Gold contract.
Posted: September 7, 2017
NEW YORK. With improved capabilities, firms are catching on to alternative forms of banking that offer automation of various financial processes ranging from payments to billing and invoicing.
Posted: September 7, 2017
UAE. The appointment, which was announced at a signing ceremony held in Dubai, will broaden Al Hilal Takaful's access to global Sukuk, global equity, MENA equity and other emerging market opportunities.
Posted: September 6, 2017
UAE. Laurent de Chazeaux will be responsible for leading Julphar's finance department. He will be in charge of the administrative and risk management operations and will develop financial strategies in line with the company's objectives.
Posted: September 5, 2017
UAE. India-UAE Partnership Summit to be held October 30-31, will help accelerate two-way investment and bilateral trade.
Posted: September 5, 2017
LONDON. DPPM Holdings and TECH MONIA announce new fintech that allows instant payment (online or in-store) and transfer of money in any currency domestically and internationally, with a fee of US$0.30, with just a simple fingerprint, no matter where you bank or live, or what kind of card you use.
Posted: September 5, 2017
UAE. The representation of Emirati women among the national workforce in the banking sector of the UAE is among the highest of any sector, according to the Emirates Institute for Banking and Financial Studies (EIBFS). The UAE's banking sector employs 10,000 UAE nationals.
Posted: September 4, 2017
UAE. With a market cap of 5.5 billion pounds, the largest private healthcare provider in the UAE, has just been promoted to the UK's leading FTSE 100 index.


date:Posted: September 20, 2017
UAE. The latest BNC Network report shows 543 hospitality projects are active in the UAE - reflecting the vibrancy of the leisure, tourism and the entertainment sectors.
date:Posted: September 18, 2017
SAUDI ARABIA. A new report by executive search firm Metin Mitchell & Co highlights the confidence that Saudi women feel about their working futures and what needs to be done to increase the number of women in the workplace.
date:Posted: September 15, 2017
UAE. First of its kind study in the MENA region reveals why we are emotionally drawn to certain destinations and environments; Visible everyday human activity, greenery, artistic features and bright colours found to be the most powerful drivers of emotional engagement.
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.