2003
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Kuwait to licence Islamic banks
The Central Bank of Kuwait is to begin accepting applications for Islamic banking licences from... Read full article »
Mohammed lauds Airshow success
Dubai Crown Prince General Sheikh Mohammed bin Rashid Al Maktoum praised the success of the Dubai... Read full article »
Egypt bourse down on Vodafone IPO
Egyptian shares eased on Sunday ahead of the planned listing of Vodafone Egypt. Traders said... Read full article »
End Islamic banking prejudice
Former chairman of the UK's FSA Sir Howard Davies called for an end to prejudices against Islamic... Read full article »
DMCC refineries add to global glut
The establishment of four new gold refineries in the Dubai Metals and Commodities Centre will add... Read full article »
UAE, WTO financial sector plans
UAE Central Bank Governor Sultan bin Naser Al Suwaidi told an AMF seminar in Abu Dhabi that the... Read full article »
Bahrain, USD300m Islamic insurer
Today marks the official launch of Solidarity, a USD300m Islamic insurance and assurance company... Read full article »
Gulf Air, USD119m cash injection
Gulf Air is to get a USD119m planned cash injection before the end of the month, reported... Read full article »
Iraq gets new Marshall Plan
Sixteen countries have agreed to insure payment of up to USD2.4bn worth of exports to Iraq in an... Read full article »
Moody's downgrades Lebanon
Credit rating agency Moody's has downgraded Lebanon's credit to negative due to the failure to... Read full article »
UAE banks, forex accounts
UAE local banks are to be allowed to hold euro and dollar accounts with the Central Bank. Gulf... Read full article »
Gold may test USD411
The next price barrier for gold is USD411 an ounce, Credit Suisse head of research Dr Ursula Oser... Read full article »
BFH placement oversubscribed
A fund for construction of the USD1.3bn Bahrain Financial Harbour has been heavily... Read full article »
DIFC delay annoys banks
The delay in the final decree to create the Dubai International Financial Centre is starting to... Read full article »
Kuwait stocks, new all-time high
The Kuwait Stock Exchange closed the week up by 2.1 per cent with the index at a new all-time... Read full article »
