2004
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HSBC-MEED, confidence up
The HSBC-MEED Middle East Business Confidence Index has recorded a continuing rise in business... Read full article »
Islamic banks, big future, DIB
Islamic banks are expected to hold 40 to 50 per cent of savings within the next 10 years, luring... Read full article »
New men join Visa board
Citibank UAE boss Rajeev Kakar and Khamis Buharoon of the National Bank of Abu Dhabi have been... Read full article »
Gold climbs above USD440
Gold reached USD440.25 per ounce yesterday, a 16-1/4 year high for the third day running. The... Read full article »
UAB to open in Abu Dhabi
The Union of Arab Banks is set to open a regional office in the UAE, to be based in Abu Dhabi,... Read full article »
Banks in UAE need to plan
The growth of banks in the UAE can be attributed more to the fast growing economy, and the... Read full article »
UAE, UK trade up 16pc
The value of trade between the UAE and the UK reached USD2.6bn for the five months between June... Read full article »
Amwal, LIC Indian expat deal
Qatar-based Amwal, a leading investment banking, asset management and financial planning company,... Read full article »
Emirates, USD236m H1 profit
Emirates Airline has posted a profit of USD236m for the six months from April to September, up 41... Read full article »
US dollar touches new low
The US dollar yesterday hit a seven-month low versus the yen and a nine-year low against a basket... Read full article »
Weak dollar fuels GCC inflation
The weak US dollar is fuelling inflation in the Gulf States with the retail sector posting 10-15... Read full article »
Auto insurance doubles in KSA
Car insurance in Saudi Arabia grew by 126 per cent to USD153m last year as a result of the... Read full article »
US dollar rise worries EU
European Union Finance Ministers meet today in Brussels to discuss a surge in the US dollar which... Read full article »
EBG targets regional expansion
Kuwait and then Qatar are the next locations on the target list for Emirates Bank Group, MD and... Read full article »
2004 a peak for oil revenues
Oil revenues in the Arab states are probably at their peak this year, and will decline in 2005... Read full article »
