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Wednesday, November 25, 2009
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BREAKING NEWS |
Kuwaiti accused of fire case to see shrinks
EUR | GBP
1.109 , USD | EUR
0.667 , USD | GBP
0.602
Banking & Investment
Business
Banking & Investment
UK banks blast Saudi handling of Saad saga
Nov 25, 2009 at 08:31
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British Bankers’ Association says debt crisis doing 'enormous damage to reputation' of Saudi Arabia -paper.
Sanea cash pile discovered in Cayman Islands
Saad unit lenders meet, liquidators appointed
Gosaibi offering pennies on dollar to settle
Saad Saga
Business
Banking & Investment
Aabar Investments inks $1.62 bln loan deal
Nov 25, 2009 at 07:44
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Abu Dhabi's investment firm enters six-month club loan deal with lenders, to use money for corporate purpose.
Business
Banking & Investment
Qatar set to pitch for Gulf development bank
Nov 24, 2009 at 14:35
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Qatar to propose Gulf states create regional development bank during next month's ruler's summit in Kuwait.
Business
Banking & Investment
Citadel buys stake in Sudan confectioner
Nov 24, 2009 at 13:48
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Egypt-based Citadel Capital's consumer goods unit acquires 75 pct of Al-Musharraf for $19 mln.
Business
Banking & Investment
Brazil taps Mideast for $300 mln agri fund
Nov 24, 2009 at 13:45
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Vision Brazil Investments hopes to raise $300 mln by first quarter of next year, already has Gulf investor.
Private Equity World MENA
Business
Banking & Investment
Ukraine agri giant eyeing Gulf cash
Nov 24, 2009 at 13:24
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Bakhmatyuk family wooing private equity investors and wealth funds to raise up around $350 mnln, exec says.
Private Equity World MENA
Business
Banking & Investment
Abraaj acquires Jordan's Riyada Ventures
Nov 24, 2009 at 12:15
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Dubai-based investment firm boosts foray into small and medium enterprises by fully buying Riyada.
Business
Banking & Investment
Turkey bank gets UAE license
Nov 23, 2009 at 20:00
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Kuwait Finance House, country's biggest Islamic lender, says Turkish unit obtains UAE license.
Business
Banking & Investment
Global pvt equity players get short shrift
Nov 23, 2009 at 17:30
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WRAPUP: Mideast firms label global players 'scared' of investing in region and dismiss partnering on deals.
Private Equity World MENA
Business
Banking & Investment
Investcorp eyes $600 mln Mideast investments
Nov 23, 2009 at 13:50
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Bahrain and London-listed firm already closed deals worth more than third of $1 bln Gulf Opportunity Fund I.
Business
Banking & Investment
Mideast private equity recovery seen sluggish
Nov 23, 2009 at 12:20
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Local govts' heavy investments to boost sector, but doubts exist on pace of recovery -Shuaa CEO says.
Business
Banking & Investment
Dubai's Abraaj raises capital to $1.5 bln
Nov 23, 2009 at 12:18
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Middle East's biggest private equity firm completes $375 mln rights issue, increases paid-in capital
Business
Banking & Investment
EFG raising $600 mln for infrastructure fund
Nov 23, 2009 at 11:59
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Egyptian investment bank will invest primarily in Egypt and start operating in first quarter of '10 -CEO.
Private Equity World MENA
Business
Banking & Investment
Rasmala in talks to deploy $120 mln capital
Nov 23, 2009 at 09:13
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Dubai-based investment bank in talks with five firms, hopes to complete two before year ends, CEO says.
Private Equity World MENA
Business
Banking & Investment
Emirates NBD faces $350 mln Saudi exposure
Nov 23, 2009 at 08:03
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CEO of Gulf region's biggest lender says Q4 results will not be affected by exposure to Saudi conglomerates.
Business
Banking & Investment
Emirates NBD replaces board member Al Futtaim
Nov 22, 2009 at 20:51
2
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Emirates NBD, biggest lender in United Arab Emirates, replaces one of its directors, bank says.
»
ALL NEWS
Sector Stock Watch
Arab Bank
12.74
0.24%
Al Rajhi
75.75
-0.33%
samba
54.75
0.92%
SABB
52.50
1.94%
National Bank Of Kuwait
1.10
0.00%
Qatar National Bank
153.00
-6.13%
Markets
%
%
%
%
%
%
%
%
%
%
Share prices are updated with a 15-minute delay. Data is not intended for trading purposes.
LATEST:
Markets
Saudi
6,303.81
0.20%
Amman
2,591.39
0.09%
Muscat
6,391.19
-0.04%
Dubai
2,086.68
0.76%
Abu Dhabi
2,899.35
0.19%
Kuwait
6,935.00
0.96%
Doha
7,150.52
-1.46%
Bahrain
1,449.05
0.11%
Palestine
498.01
-0.28%
Egypt
6,316.61
0.59%
Share prices are updated with a 15-minute delay. Data is not intended for trading purposes.
LATEST:
Dubai leads losses in pre-Eid trading in Gulf
Most Popular
RATED
PHOTOS
READ
EMAILED
Gulf Air to cut staff, may sell planes
5
UK builders chase $331 mln unpaid Dubai bills
5
Saudia, Gulf Air involved in midair scare
5
Dubai in image makeover with exec shake-up
5
Builders look abroad amid Dubai slump
5
GALLERY: Sneak peek inside A380
Inside Dubai’s fishy business
UK builders chase $331 mln unpaid Dubai bills
Saudia, Gulf Air involved in midair scare
Dubai in image makeover with exec shake-up
GCC can price oil in new currency -economist
Gulf Air to cut staff, may sell planes
UK builders chase $331 mln unpaid Dubai bills
GCC can price oil in new currency -economist
Qatar wants most of $23 bln rail built by '22
Iran dumps dollar for euro, gains $5 bln
Mideast surpluses to hit $1 tln in 5 yrs -IMF
Essential Reading
Business
Banking & Investment
Aabar Investments inks $1.62 bln loan deal
Nov 25, 2009 at 07:44
Abu Dhabi's investment firm enters six-month club loan deal with lenders, to use money for corporate purpose.
Mideast hotel revenue, occupancy falls in Oct
Qatar 2010 growth seen at 25 pct
UAE ranked world's top investor in Iraq
Mideast private jet mkt soars 11 pct in '09
UAE inflation 1.9 pct in first 10 mths
Discussion Forum
LATEST
7 DAYS
1 MONTH
UK builders chase $331 mln unpaid Dubai bills
11/24/2009 7:10:16 PM
1
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What about the Irish investors that have bought off plan as far back as 2006? We have over half our units paid for and work has not even started yet and they will not tell us if it is ever...
MORE
Dubai in image makeover with exec shake-up
11/24/2009 7:09:09 PM
1
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It is about time that Sheikh Mohammed got rid of the egomaniacs that ran these companies. Having worked for Emaar, I can attest to the incompetence, inexperience, cronyism, nepotism and...
MORE
Saudi Telecom in spat over free call offer
11/24/2009 12:45:53 PM
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Saudi Regulator this is wrong move. I appreciate the Offer Saud Telecom Offer to its customers.this all available in Europe, only in Middle East countries where offers are banned. They...
MORE
UAE economy 'humming again', prospects bright
11/20/2009 2:14:00 PM
2
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Very True, these Arabs must come out of their air filled illusions like Dubai's economy, and realize the fact that Dubai still has not touched the bottom, nor UAE ever had a stable econmy it...
MORE
Emirates NBD replaces board member Al Futtaim
11/22/2009 5:51:23 PM
2
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High time boards in the region took action against lazy and irresponsible directors who collect board seats like trophies for the inside information they can glean from the position. Many...
MORE
Saudi Telecom in spat over free call offer
11/24/2009 4:20:29 AM
2
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Saudi Regulator this is wrong move. I appreciate the Offer Saud Telecom Offer to its customers.this all available in Europe, only in Middle East countries where offers are banned. They...
MORE
Passport confiscation rampant in UAE
Nov 03, 2009 at 01:17
22
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Mr. Observer, Unfortunately, your hopes that the govt looking into this issue is like hoping for snow to fall in Dubai in July. It just would not happen simply because the people that...
MORE
Dubai's ruler tells doubters to 'shut up'
Nov 09, 2009 at 12:26
19
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Right on the dot Stephen... Only the buildings are modern but everything underlying it is primitive... Plus all the perpetual spin about things being gung ho while lives are...
MORE
Saudi king waives lashes for female journo
Oct 26, 2009 at 16:42
11
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There certainly should be limitations to freedom of speech. But why are we attacking the US like it's such an imperfect place and everyone who lives there are idiots? I know a lot of...
MORE
»
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Events Calendar
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Business
Banking & Investment
Syndicated Lending in the GCC, 2009
12/8/2009 | UAE, Dubai
Business
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12/20/2009 | UAE, Dubai
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