GCC Non-Performing Loan Provisions Surge
The collective non-performing loan provisions made by the 22 Gulf Cooperation Council (GCC) banks surged in the…
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UAE
GCC Bank Provisions Surge In Q2
Provisions by most banks in Gulf oil producers surged in the second quarter of 2012 after a decline in the previous…
Higher Bank Assets Boost UAE Creditor Position
An increase in the foreign assets of the Central Bank and the country's commercial banks allied with lower…
Egyptian Artist Said’s Works To Be Auctioned In Dubai
Art aficionados and collectors in the UAE are being offered a rare opportunity to bid on two notable Modern Arab…
UAE Non-Oil Growth Subdued At 3-4%
Non-oil growth in the UAE is likely to continue at a below-trend pace of 3-4 percent for the next couple of years,…
Family Village Call Centre To Start Today
A 'Family Village' project will soon be a reality with the Awqaf and Minors Affairs Foundation (AMAF) signing an…
Gulf Investors Buoy UAE Real Estate Sector In 2011
The GCC investors have shown increasing interest in the various economic sectors of the UAE, the second biggest…
UAE Banks Profit From Europeans’ Retreat
Banks in the UAE are filling the gap left by European institutions pulling back from the country's loan market - a…
Mena in spotlight with over $4t construction projects
An estimated $4.2 trillion worth of construction projects is currently ongoing in the Middle East and North Africa…
Egypt To Receive $500 mln Of Qatari Deposit Before Feast Holiday
Finance Minister Momtaz Al Saeed asserted that the aids of the Arab countries, KSA, Qatar, UAE and Kuwait, will…
