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BREAKING NEWS | Emirati 'insider' payout case on hold in U.S.
EUR | GBP Down 1.113 ,  USD | EUR Up 0.674 ,  USD | GBP Up 0.606
Banks
Dubai seeks more conservative financial image
Nov 22, 2009 at 21:29
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Tayer to embody Dubai's new-found caution
Nov 22, 2009 at 21:23
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By naming Ahmed Humaid al-Tayer as new head of Dubai International Financial Centre, Dubai shows new face.
Emirates NBD replaces board member Al Futtaim
Nov 22, 2009 at 20:51
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Emirates NBD, biggest lender in United Arab Emirates, replaces one of its directors, bank says.
Emirates NBD to consider bonds in Q1 -CEO
Nov 21, 2009 at 13:14
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Gulf region's largest bank by assets not planning bonds this year, but will consider option early '10.
Tamweel, Amlak merger seen in Q1 2010
Nov 20, 2009 at 11:43
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Tamweel's chairman says long-planned merger between Dubai mortgage firms expected to be completed in Q1 '10.
  World Economic Forum
StanChart private banking eyes expansion
Nov 19, 2009 at 16:22
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Lender's private banking division opens offices in Qatar, Bahrain, Lebanon in bid to tap region's growing mkt.
SocGen opens Bahrain wealth management unit
Nov 19, 2009 at 15:04
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French bank says opening office in Manama to cater to rich in world's largest oil-exporting region.
UAE banks' Saudi exposure at $2.9 bln
Nov 19, 2009 at 08:50
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Banks to take provisions on exposure to Saad and Gosaibi groups, more provisions required in 2010 - cbank.
  Saad Saga
Gosaibi offering pennies on dollar to settle
Nov 18, 2009 at 21:36
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Troubled Saudi conglomerate is offering creditors as little as 8.6 cents per dollar for debts, bankers say.
  Saad Saga
First Gulf's bond gets over $1bln in orders
Nov 18, 2009 at 16:04
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UAE's 2nd largest lender by mkt capitalisation gets huge orders for planned 3-yr, dollar denominated bond.
Saudi debts will not hit bank ratings -S&P
Nov 18, 2009 at 13:03
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S&P says debt woes Saad and Gosaibi will not to trigger credit rating downgrades on Kingdom's banks.
  Saad Saga
UAE cbank says ready for Basel II
Nov 18, 2009 at 09:52
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UPDATE 1: Basel II phased introduction adopted with Standardised Approach to be implemented soon -regulator.
  Basel II
First Gulf eyes up to $500 mln bond sale
Nov 18, 2009 at 08:56
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UPDATE 1: UAE's second largest lender by market capitalisation may sell bonds by end of Nov, banker says.
First Energy plans $1 bln Saudi solar plant
Nov 17, 2009 at 15:04
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Bahraini lender to build polysilicon plant, eyes to cater to rising regional investments in solar power.
UAE bank provisions for Oct surge to $7.9 bln
Nov 17, 2009 at 09:44
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UAE lenders' provisions up 53.4 pct from same month year earlier, loans, advances for Oct up 5.6 pct.
UAE warns banks on Saudi debt provision
Nov 16, 2009 at 09:10
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Cbank insists banks to take provisions worth half of exposure to troubled Saudi firms by year-end -paper.
  Saad Saga
» ALL NEWS

Sector Stock Watch
Arab Bank 12.56 -0.71%
Al Rajhi 76.00 0.33%
samba 54.00 0.47%
SABB 51.00 2.00%
National Bank Of Kuwait 1.10 3.77%
Qatar National Bank 162.20 -0.31%

Markets
Saudi 6,284.39 0.22%
Amman 2,580.68 0.28%
Muscat 6,382.86 -0.04%
Dubai 2,073.66 -2.63%
Abu Dhabi 2,865.25 -2.03%
Kuwait 6,821.90 1.00%
Doha 7,174.14 -0.13%
Bahrain 1,449.78 0.45%
Palestine 501.36 0.64%
Egypt 6,217.00 0.36%
Share prices are updated with a 15-minute delay. Data is not intended for trading purposes.
LATEST: UAE tumbles; rising dollar, Arab markets fall

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Essential Reading
UAE economy 'humming again', prospects bright
Nov 20, 2009 at 23:14
Dubai Crown Prince tells world leaders economy 'humming again' in 2009 compared to most int'l growth rates.
Discussion Forum
  •  LATEST
  •  7 DAYS
  •   1 MONTH
Berlin warns Emirates to raise prices
11/21/2009 2:24:33 PM
1 | |
people needs lower price. Why German Goverment insist on raising prices? I thought german government would appreciate lower prices as this will assist their citizen to travel. Where is the... MORE
UAE to look at farmland deals in Ukraine
11/21/2009 12:28:26 PM
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Good, very good! As soon as Ukraine realizes there is a market for alternative fuels Ukraine will receive great investment to its farming industry! For instance the Marshall Islands in the... MORE
Emaar may scrap plan for 13 Burj towers
11/21/2009 5:06:55 AM
2 | |
No foreigners will ever touch Dubai again from what i am reading in the papers over here in Europe. I purchased off plan in 2006. The money that has being paid in to these escrow accounts... MORE
» ALL COMMENTS
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Events Calendar
Latest Events
Corporate Credit Analysis: A Cash-Flow Perspective
11/23/2009 | UAE, Dubai
FORSA Knowledge Series
11/23/2009 | UAE, Dubai
Syndicated Lending in the GCC, 2009
12/8/2009 | UAE, Dubai
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