Articles tagged with: financial
DUBAI: The Dubai Inter-national Financial Centre (DIFC) is reaching out to companies from emerging markets including Africa and is considering cost cuts as it seeks to become the Gulf region’s main business hub, its chief executive said.
DUBAI — The Dubai International Financial Centre will help neighbouring Abu Dhabi set up its financial district if needed, its chief executive officer said.
Dubai Financial Market, the Arab world’s only listed exchange, said yesterday it will change the way it lists stocks, in a move analysts said would boost trading.
According to a recent survey, UAE customers are happier with bank services after the financial crisis. Do you agree? The results are in. Divorce during the financial crisis: up or down? While Dubai sees an increase in the number of …
DUBAI -Cash-strapped Dubai said on Tuesday that the financial lifeline extended by Abu Dhabi last month is only half of what was originally announced because it included previously committed funding.
Some creditors to Dubai World, which is currently restructuring $22 billion of debt, are seeking to offload loans to reduce their exposure to the Gulf emirate’s conglomerate, The Financial Times reported.
DUBAI (AFP) – Cash-strapped Dubai said on Tuesday that the financial lifeline extended by Abu Dhabi last month is only half of what was originally announced because it included previously committed funding.
Some creditors to Dubai World , which is currently restructuring $22 billion of debt, are seeking to offload loans to reduce their exposure to the conglomerate, the Financial Times reported.
Jan. 17 (Bloomberg) — Dubai World’s creditors are offering to sell their loans in order to reduce their exposure to the group, the Financial Times reported, citing unidentified debt traders and investors.
DUBAI – Dubai eGovernment has recently launched a survey to measure the level of satisfaction of local government departments with the Government Resource Planning (GRP), a system that enables local government departments in Dubai to optimise their IT performance through centralised solutions that run all the financial, logistics and administrative operations and to track HR updates.
Jan. 12 (Bloomberg) — Dubai International Financial Centre, a tax-free business park, plans a “substantial” cut in fees on asset managers this year to attract more funds and become internationally competitive.
Five years after its foundation, Dubai International Financial Center (DIFC) sees activities picking up in the center after a difficult 2009, analysts said Monday. Home of 249 banks, insurance firms and asset managers from around the globe, the DIFC with its international legal framework saw more than three dozen of firms closing their offices last year, as a direct result of the financial …
Kuwait has offered to help the UAE financially with Dubai’s … According to a recent survey, UAE customers are happier with bank services after the financial crisis. Do you agree? The results are in. Related modules: UAE bans Facebook …
Dubai opened the world’s tallest skyscraper Monday, and in a surprise move renamed the gleaming glass-and-metal tower Burj Khalifa in a nod to the leader of neighboring Abu Dhabi the oil-rich sheikdom which came to its rescue during the financial meltdown.
DUBAI: Life in Dubai is not for the faint-hearted. But for those who fear neither heights nor the financial crisis, the Gulf city-state is to offer an entirely new experience: the chance to spend the rest of your days hundreds of metres in the air.
HONG KONG – For lawyer Wilfred Goh, the sign it was time to leave Dubai came early in 2009, when the financial crisis took its toll, plunging the emirate’s main stock index down roughly 70 percent in a matter of months.
