Expats lacked financial discipline those days

Sheikh Sultan was just 24 years old when we decided to start present Barjeel Geojit Securities LLC, the Indo-UAE joint venture in financial services. I have tremendous satisfaction for being instrumental in the formation of this joint venture, which has ... ( read original story ...)

UAE blacklist likely to squeeze liquidity of Qatari banks

Qatari banks have around 60 billion riyals ($16 billion) in funding in the form of customer and interbank deposits from other Gulf states, Chiradeep Ghosh, banking analyst at SICO Bahrain, said. But the United Arab Emirates central bank has ordered local ... ( read original story ...)

Qatar debt rating downgraded by S&P as riyal hits 11-year low

DUBAI Standard & Poor's downgraded Qatar's debt on Wednesday as the riyal currency fell to an 11-year low amid signs that portfolio investment funds were flowing out of ... which banks use to hedge against the risk of future moves in the spot rate, the ... ( read original story ...)

Terrorist financing at heart of Qatar crisis, says UAE minister

DUBAI Financial support for jihadists across the Middle East lies at the heart of Arab powers' row with neighboring Qatar, an Emirati minister said on Wednesday, identifying three individuals his government wanted Doha to rein in. Saudi Arabia, Egypt ... ( read original story ...)

Emaar to offer 30 percent realty business in IPO on DFM

Significant gain seen for Emaar Properties shareholders as the global real estate company on Wednesday announced plans to list its UAE Real Estate development business on the Dubai Financial Market (DFM). The IPO will be the largest since the Emaar Malls ... ( read original story ...)

Emaar to IPO real estate business in Dubai

RELATED ARTICLES: Emaar launches virtual tours of its hotels in Dubai | Video: Emaar's The Tower completes excavation work | Dubai Ruler visits Emaar’s The Tower ahead of pile capping Emaar Properties has announced plans to list its UAE Real Estate ... ( read original story ...)