Secure Markets? Has the UAE's caution paid off?
How do Permal managers perceive the UAE? Managers generally see the UAE as secure markets, with few of the difficulties…
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Aldar fears fade after $4.6bn Abu Dhabi bailout
Aldar Properties Islamic bonds rallied the most in eight months after the developer got AED16.8bn ($4.6bn) from the Abu Dhabi…
Global law firm advises Emaar on financing deal
International legal practice Norton Rose (Middle East) said it had advised Emaar Properties on the Dh3.6 billion ($1 billion) Shariah…
Leading Islamic Finance Lawyer joins Baker Botts ME
A recognized leader in project and Islamic finance, Christopher Aylward, joined Baker Botts L.L.P. today as a partner in the…
Saudi hackers expose Israelis' credit cards
A group of Saudi hackers published on Monday the credit card information of 400,000 Israelis and said they are making…
Taib Securities brokerage pulls out of UAE amid trade drop
Taib Securities, the brokerage arm of Bahrain's Taib Bank, says it will close its UAE operations immediately to cut losses…
Goldman advisor defends $2 bln Islamic bond scheme
An advisor to Goldman Sachs has defended the U.S. bank's $2 billion Islamic bond programme against criticism it may contravene…
UAE banks boost profits to Dh25b
Net profit of banks operating in the UAE grew 11.3 per cent to Dh24.98 billion in the first 10 months…
Abu Dhabi sovereign fund eyes India
The Abu Dhabi Investment Authority (ADIA), one of the world's largest sovereign wealth funds with an investible amount of $700…
Dubai plan to cut state spending urges bond upturn
Dubai government bond yields tumbled the most in four weeks after the Gulf emirate pledged to halve its 2012 budget…
IFC invests $170 million in BankMuscat
IFC Capitalization Fund will invest $170 million in subordinated debt in BankMuscat, the largest commercial bank in the Sultanate of…
CB Vice Governor Turhan appointed İMKB head
Mustafa İbrahim Turhan, one of the four vice governors of the Central Bank of Turkey, has been appointed the new…