Refinancing the debts of the UAE government-related entities (GREs) remains a challenge made more difficult as European banks trim their activities in the region, the International Monetary Fund said yesterday. (read more here…)
The National Capital Region (NCR) is all set to get a one of its kind public aquarium at Greater Noida. The Blue Planet, to be built on the lines of international masterpieces like Atlanta's Georgia A (read more here…)
The Middle East has proved a far harsher environment for financiers than the El Dorado it was imagined to be a few years ago. (read more…) – FINANCE
DUBAI (Reuters) – Royal Bank of Scotland expects Gulf borrowers to have no significant problems overcoming a refinancing hump this year that the bank estimates at $60 billion (36.8 billion pounds), though its own lending in the region will shrink, senior executives said on Monday. "We don't see any issue with the refinancing needs...
DUBAI — Property transactions in the Middle East and North Africa region staged a strong recovery in 2011 with a 20 per cent jump to hit $166 billion from $138 billion in 2010, a leading real estate investment and advisory firm said. (read more here…)
Emirates may pay less than other Gulf corporate issuers to sell Islamic bonds after global borrowing costs declined and as the world’s biggest international carrier benefits from passenger growth. (read more…) – FINANCE
DUBAI – Emirates NBD Asset Management, or Emirates NBD AM, one of the largest asset managers in the region, announced that its Emirates MENA Fixed Income Fund had moved to daily trading from March 13 making it the largest MENA fixed income fund available in the region, with a fund size of $51.6 million....
DUBAI — Property transactions in the Middle East and North Africa region staged a strong recovery in 2011 with a 20 per cent jump to hit $166 billion from $138 billion in 2010, a leading real estate investment and advisory firm said. (read more here…)
(MENAFN – Arab News) The GCC region's aggregated trade balance is the largest in the world, according to analysis from QNB Group. The massive trade surplus, mainly a consequence of hydrocarbon … (read on here…)
