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: April 16, 2018
BAHRAIN. Event organized by American Chamber with speakers from Deloitte; Bahrain is committed to bringing VAT into force by 1 January 2019, although an exact date has yet to be set.
Posted: April 16, 2018
UAE. Danube Properties sells of 300 of Jewelz's 463 apartments due to higher return on investment as the developer takes the lucrative offer to Abu Dhabi investors at Cityscape Abu Dhabi.
Posted: April 15, 2018
DENMARK. The remaining approvals are expected within the next months.
Posted: April 15, 2018
UAE. Geopolitical tensions remain the highlight of the week both at a regional and global level: Oil prices were the big beneficiary from last week's shaky environment.
Posted: April 13, 2018
LONDON. Service fills an important gap in the MiFID II / MiFIR regulatory framework allowing trading counterparties to identify who is responsible for reporting a trade.
Posted: April 13, 2018
LEBANON. 80 semi-finalists from 14 countries competing for US$160,000 in cash prizes for top nine.
Posted: April 12, 2018
UAE. The authority has witnessed 98.8% compliance with Tax Return regulations - one of the highest compliance rates in the world.
Posted: April 12, 2018
UAE. DGCX: "We want greater cooperation and alliances to give traders added value. More can be done to achieve this and we would like to spearhead it."
Posted: April 12, 2018
UAE. Bilateral Investment Treaties (BITs) has become an integral part of African policymakers' strategy to counter the perception of risk and promote more inward FDI.
Posted: April 12, 2018
UAE/INDIA. First bank in the country to allow NRIs to remit money to India through social media including WhatsApp and by email.
Posted: April 11, 2018
UAE. Surprisingly high "yes" values, but strong contrasts among ethnical groups; Big difference between own behaviour and the observed behaviour of other motorists.
Posted: April 11, 2018
UAE. Parties enter into a Memorandum of Understanding (MoU) to facilitate closer collaboration on initiatives that will bolster the growth of the financial markets in Abu Dhabi and Georgia.
Posted: April 11, 2018
BEIJING. Alibaba Group is taking the lead role for this round of funding of China's leading artificial intelligence (AI) company.
Posted: April 11, 2018
QATAR. For the three months ended 31 March 2018, Net Profit reached QAR3.4 billion (USD0.9 billion), up 7% compared to the previous year.
Posted: April 10, 2018
UAE. The global economic growth is now driven by developing countries and companies in the developing world are becoming the growth driver of global economy.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: April 23, 2018
UAE. Seventh annual PwC report shows how risk leaders around the world are effectively addressing challenges that accompany innovation.
date:Posted: April 22, 2018
UAE. As many as 492 hospitality projects worth US$39.4 billion are currently in progress - including tendering stage and under construction; The number of active hotel projects in the GCC reached 724, worth US$78 billion in March 2018.
date:Posted: April 20, 2018
INTERNATIONAL. Focus of the report is how we are nearing the end of the largest monetary policy experiment of all time in a backdrop of ascendant nationalism, staggering inequality and a widespread loss of hope among the younger generation.
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