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New USD1.3bn Kuwaiti port

The Kuwait Council of Ministers has approved the construction of a new USD1.3bn port on the... Read full article »
Kuwait: Sunday, December 05 - 2004 at 08:34

SHB, first woman board member

Saudi Hollandi Bank has appointed businesswoman Lubna Olayan to its board, the first time a woman... Read full article »
Saudi Arabia: Sunday, December 05 - 2004 at 08:26

Sharjah, new Islamic IPO

Four Sharjah banks have joined forces to establish the Islamic Finance Company with a capital of... Read full article »
United Arab Emirates: Sunday, December 05 - 2004 at 08:13

UAE mulls US FTA strategy

A committee headed by Finance Minister Sheikh Hamdan bin Rashid Al Maktoum is to meet today to... Read full article »
United Arab Emirates: Sunday, December 05 - 2004 at 08:09

Addar bank loans, profits cut

Abu Dhabi Government has ordered banks funding the record USD103bn oversubscription for Addar... Read full article »
United Arab Emirates: Thursday, December 02 - 2004 at 10:00

Istithmar, USD300m securitisation

Dubai Government owned investment portfolio Istithmar will launch its first USD300-350m... Read full article »
United Arab Emirates: Thursday, December 02 - 2004 at 08:05

EFS raises its capital base

Emirates Financial Services, part of the Emirates Bank Group, is to up its capital from USD54.5m... Read full article »
United Arab Emirates: Thursday, December 02 - 2004 at 07:58

Istithmar, USD500m portfolio

Istithmar, the Dubai Government holding company, has celebrated its first anniversary by... Read full article »
United Arab Emirates: Wednesday, December 01 - 2004 at 17:36

Islamic Banking forum Dec 11-13

The Bahrain Monetary Agency has announced the 11th World Islamic Banking Conference, which brings... Read full article »
Bahrain: Wednesday, December 01 - 2004 at 17:27

Giuliani highlights accountability

Former New York Mayor Rudi Giuliani emphasised the need for greater accountability in business... Read full article »
United Arab Emirates: Wednesday, December 01 - 2004 at 11:17

HSBC, SBB new bank JV

HSBC is setting up a new investment bank in Saudi Arabia in a joint venture with the Saudi... Read full article »
Saudi Arabia: Wednesday, December 01 - 2004 at 09:31

Dollar hits new low, USD1.33

The US dollar plunged to a new low against the euro yesterday and closed above USD1.33. However,... Read full article »
USA: Wednesday, December 01 - 2004 at 09:27

ADSM, more settlement time

The Abu Dhabi Securities Market has extended settlement time up to two business days after... Read full article »
United Arab Emirates: Wednesday, December 01 - 2004 at 08:43

Financial task force set-up

The Middle East and North Africa Financial Action Task Force was established yesterday in Bahrain... Read full article »
Bahrain: Wednesday, December 01 - 2004 at 08:24

Aqaba privatization, Dubai bid

Jordanian officials are in talks with the Dubai Government about a management contract for its... Read full article »
Jordan: Wednesday, December 01 - 2004 at 08:18
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