Guides & Analytics
NBE Settles Al Nasharty’s Debts After Acquiring Some Of Bankruptcy Assets
The National Bank of Egypt (NBE) approved in principle settling EGP 310 million debt of Amr Al Nasharty, chief of Sainsbury’s Group, through acquiring some of his…
Nikkei Falls On European Politics, Euro Zone Crisis
Japan's Nikkei share average fell on Tuesday, weighed down by falling Asian indexes as political flux in Europe fanned fears of a widening euro zone debt crisis and…
Egyptian Govt not to license US NGOs
The Egyptian government has refused to license eight US civil society groups, including the election-monitoring Carter Centre. The crackdown on foreign…
Swiss Re’s annual Group Watch report shows positive growth in the UK Employee…
In-force group risk premiums rose by 2.9% in 2011, reversing the negative trend of the past two years according to Group Watch 2012 report, which Swiss Re releases…
Omani Banks To Apply Basel III Next Year
Central Bank of Oman announced that ‘Basel III’ accord, the global regulatory standards on bank capital adequacy, stress test and market liquidity risk, will be…
Saudi Tadawul Index Falls 0.74%
The Saudi Stock Exchange saw it market gauge the all-share index (TASI) falling 0.74% Monday, closing at 7,525.17 points. Ongoing worries over the Euro zone debt…
Arabtec Wins Contracts in UAE and Qatar
Arabtec Holding said one of its units won contracts valued at Dh504 million in the UAE and Qatar. Target Engineering Construction won a Dh455 million contract from…
Stronger Demand for Warehouses and Logistics in UAE
There is strong demand for high-quality warehouses and logistics facilities in the UAE and occupiers are seeking both onshore and free zone ‘build-to-suit'…