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StanChart UAE to add branches

Standard Chartered is set to add three more branches to its network in the UAE over the next six... Read full article »
United Arab Emirates: Sunday, December 22 - 2002 at 08:41

ATFP income down 11 per cent

The Abu Dhabi based Arab Trade Financing Programme saw its income fall by 11 per cent to USD35.5m... Read full article »
United Arab Emirates: Sunday, December 22 - 2002 at 08:37

Gold close to a six-year peak

Gold prices closed last week near to a six-year peak of USD345, its highest level since May 1997.... Read full article »
United Arab Emirates: Sunday, December 22 - 2002 at 08:34

DDF, new daily sales record

The Dubai Duty Free posted a new record day on December 20 when daily sales hit USD1.3m, reported... Read full article »
United Arab Emirates: Sunday, December 22 - 2002 at 08:31

FIIB, Lend Lease real estate JV

Bahrain's First Islamic Investment Bank has formed a joint venture with the giant property firm... Read full article »
Bahrain: Thursday, December 19 - 2002 at 10:16

NBO, OIB revive merger talks

Merger talks will start again early next year between the National Bank of Oman and the Oman... Read full article »
Oman: Thursday, December 19 - 2002 at 10:08

Slow response to STC privatization

Arab News reported that the USD4bn initial public offering for Saudi Telecom had received a... Read full article »
Saudi Arabia: Thursday, December 19 - 2002 at 09:01

Batelco monopoly goes next month

A number of foreign companies have expressed interest in the Bahrain telecommunications sector... Read full article »
Bahrain: Thursday, December 19 - 2002 at 08:58

Gulf Air board set to approve plan

Gulf Air is expected to announce formal board approval for a USD130m turnaround plan today,... Read full article »
Bahrain: Thursday, December 19 - 2002 at 08:54

Al Futtaim, USD2bn Cairo investment

Dubai's Al Futtaim Group intends to invest USD2bn in a mixed use property development in Cairo,... Read full article »
United Arab Emirates: Thursday, December 19 - 2002 at 08:50

Bahrain, new insurance strategy

The Bahrain Monetary Agency has launched a four-pronged strategy to develop its domestic and... Read full article »
Bahrain: Thursday, December 19 - 2002 at 08:45

Cairo-Amman Bank downgrade

Credit rating agency Moody's Investors Service has downgraded Cairo-Amman Bank from D to E+ for... Read full article »
Egypt: Thursday, December 19 - 2002 at 08:42

UAE-Syria trade talks

Syrian transport minister Makram Obeid headed a trade mission to Abu Dhabi this week, and met... Read full article »
United Arab Emirates: Thursday, December 19 - 2002 at 08:35

Ducab, record sales, investment plan

Ducab, the cable manufacturer owned by the Abu Dhabi and Dubai Governments, is heading for a... Read full article »
United Arab Emirates: Thursday, December 19 - 2002 at 08:31

USD4bn Saudi Telecom IPO

The biggest ever privatization issue in the Middle East got underway on Tuesday. The USD4bn sale... Read full article »
Saudi Arabia: Wednesday, December 18 - 2002 at 08:48
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