Rise of the UAE as a banking superpower
The UAE only issued its first currency in 1973 but is now known as a global financial hub. Rebecca Bundhun…
Market Forecasts
2488 articles found
Gulf region's IPO market to remain sluggish
Both the IPOs in the third quarter 2011 were in Saudi Arabia raising a total of $219 million, with Hail…
Gulf banks safe from euro woes
Gulf states should be largely unaffected by the Eurozone debt crisis as their banks have minimal exposure to the bloc's…
UAE ranks third place in $12bn global Takaful market
The worldwide Takaful insurance market is being predicted to reach a value of over $12bn in 2011, which signifies a…
Gulf SWFs opt for prudence
An uncertain outlook for oil prices and a need to increase domestic spending could make the Gulf’s sovereign wealth funds…
Paladin Capital obtains license to operate in DIFC
Paladin Capital (Middle East) Limited today announced that it has been licensed by the Dubai Financial Services Authority (“DFSA”) to…
Middle East investors move to take advantage of forex opportunities
Investors in the Middle East are increasingly seeking to gain from significant upsides in forex created by unprecedented currency volatility…
ANZ receives licence to operate from DIFC
ANZ has announced that it has opened a new office in Dubai International Financial Centre (DIFC), the financial and business…
UAE is back on track… and growing fast
After suffering from a downturn in 2009 because of the global fiscal crisis and regional debt default problems, the UAE…
Gulf banks should replace Europe loans, economist says
The UAE and other Arabian Gulf nations should start to replace cross-border lending and credit lines they have with Europe…
French Islamic finance in focus at key forum
The 18th annual World Islamic Banking Conference (WIBC 2011) will feature a key session on "Islamic Finance New Developments in…
Credit Suisse is expanding into asset management in Qatar; other firms are likely to follow
Qatar may be, according to some reports, the most promising financial centre in the GCC, but it has long-maintained that…