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Islamic banks need manpower

The GCC Islamic banking sector will need to fill up to 30,000 new jobs over the next decade,... Read full article »
Thursday, December 21 - 2006 at 08:58

Glass supply shortfall in GCC

Surging growth in real estate and industry has led to a shortfall of 650,000 tonnes of glass... Read full article »
United Arab Emirates: Wednesday, December 20 - 2006 at 16:11

Ready-mix plant at Yanbu

Saudi Readymix Concrete Company is building a ready-mix concrete plant in Yanbu at a cost of $4.... Read full article »
Saudi Arabia: Wednesday, December 20 - 2006 at 14:10

SC overnight trade banking

Standard Chartered has introduced 24/7 trade banking services in the UAE. Customers can have... Read full article »
United Arab Emirates: Wednesday, December 20 - 2006 at 14:01

Invest Bank, $25m FNB stake

The UAE-based Invest Bank has paid $25m for an 18% stake in Lebanon's First National Bank.... Read full article »
Lebanon: Wednesday, December 20 - 2006 at 10:00

LeasePlan Emirates launched

Mubadala Development Company, Abu Dhabi government's investment arm, has created LeasePlan... Read full article »
United Arab Emirates: Wednesday, December 20 - 2006 at 09:49

Oman plans steel plants

Oman plans to build three steel factories to help ease spiraling steel prices, according to a... Read full article »
Oman: Wednesday, December 20 - 2006 at 08:32

Central bank calls $735m profit

The UAE Central Bank is expected to post a $735m profit in 2007, Gulf News reported. The bank... Read full article »
United Arab Emirates: Wednesday, December 20 - 2006 at 08:21

Two Islamic banks to launch

Two new Islamic banks will start operations in the UAE early 2007. Dubai Holding will launch Al... Read full article »
United Arab Emirates: Wednesday, December 20 - 2006 at 07:41

Capital raises $60m loan

Capital Bank of Jordan has raised $60m through a three-year syndicated term loan facility. Arab... Read full article »
Jordan: Tuesday, December 19 - 2006 at 16:38

EIB, new Sharjah branch

Emirates Islamic Bank has opened a new branch in Sharjah's Halwan area. The branch offers retail... Read full article »
United Arab Emirates: Tuesday, December 19 - 2006 at 15:51

Dubal eyes $34bn automotive market

Dubal is looking to secure a piece of the $34bn specialty automotive sector for its products, the... Read full article »
United Arab Emirates: Tuesday, December 19 - 2006 at 12:42

Aqaba port, $15m marine deal

The UAE-based Lamnalco Group and Jordan National Shipping lines signed a contract with Jordan's... Read full article »
United Arab Emirates: Tuesday, December 19 - 2006 at 07:12

FGB, Singapore, Islamic plans

Abu Dhabi-based First Gulf Bank is opening an office in Singapore in 2007, and plans to set up an... Read full article »
United Arab Emirates: Tuesday, December 19 - 2006 at 06:55

CBI opens branch in AD

Commercial Bank International has opened its first branch since unveiling its new corporate... Read full article »
United Arab Emirates: Monday, December 18 - 2006 at 13:44
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