2003
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Gold passes USD401 an ounce
Gold prices hit a new high of USD401.40 per ounce on Monday before closing at USD398.10. This is... Read full article »
UNB, USD275m loan, 31 banks
Abu Dhabi's Union National Bank has announced a USD275m loan facility syndicated to 31 local,... Read full article »
Arab Bank stake, new owners
Saudi Oger, a company owned by Lebanon's Prime Minister Rafiq Hariri, is not buying an 11 per... Read full article »
Mohammed voted top marketeer
Dubai Crown Prince General Sheikh Mohammed bin Rashid al Maktoum was voted Marketeer of the... Read full article »
UAE banks take another break
UAE banks and the stock markets will be closed on Tuesday and Wednesday to mark the 32nd National... Read full article »
Kuwait stocks hit new high
The Kuwait Stock Exchange bounced back from the Eid Al Fitr holiday with a new record high. The... Read full article »
Dollar invoicing hedge for euro
Regional subsidiaries of some European multinationals are allowing their distributors to buy... Read full article »
UAE money exchange reforms
The big money exchange houses of the UAE are to begin depositing their massive daily cash... Read full article »
UAE bourses, united data screen
The two trading floors of the UAE have agreed to create The Emirates Securities Market, united by... Read full article »
Dollar's fall to lift inflation
The sudden plunge in the value of the US dollar is likely to stoke up GCC inflation, National... Read full article »
HSBC fund for Istanbul victims
HSBC has launched a USD1m staff welfare fund to help the families of staff who were bereaved or... Read full article »
Hariri buys 11pc Arab Bank stake
Saudi Oger, a company owned by the Lebanese Prime Minister Rafik Harari, has bought an 11 per... Read full article »
Euro, new US dollar low
The euro shifted across the USD1.20 mark for the first time at the end of last week. HSBC... Read full article »
HSBC axes equities jobs
HSBC is the cut a third of its worldwide equites staff in a shake up of its investment banking... Read full article »
Emirates, USD112m Islamic deal
Emirates Airline has signed a USD112m Islamic financing deal with Dubai Islamic Bank as arranger... Read full article »
