Central Governorate

Arab banks urged to set up regional credit enquiry centre

Arab banks need to create a regional centre for information on credit as part of post-crisis reforms aimed at developing services and protecting banks against fresh problems, the Union of Arab Banks (UAB) has proposed.

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Hawkamah and MENA-OECD Corporate Governance Working Group issue policy brief on Corporate...

The Hawkamah Institute for Corporate Governance and the Mena-OECD Corporate Governance Working Group, in association with the Union of Arab Banks, today issued a landmark Policy Brief on Corporate Governance of Banks in the...

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Designed as a 'buy'

Your account has been frozen. For your available options click the below button. SCOTT Wilson Group offers integrated design and engineering consultancy for the built and natural environment. It operates through five...

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Long road ahead for GCC single currency

At a regional finance ministers and central bank governors meeting over the weekend, officials revealed plans to establish a monetary council by January that would serve as a transition body for the GCC Central Bank in...

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Ahli United Bank reports net profit of $183.7m for the nine month period ended September 2009

The net profit for the third quarter ended September 2009 was $40.1m (Q3/2008 - $68.4m). Notes and media contacts About Ahli United Bank: Ahli United Bank B.S.C. is an offshore and full commercial banking institution based in...

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UAE freight volumes to increase 25%

UAE freight is expected to increase by approximately 25 per cent over the next month in preparation for Eid, says leading express delivery company TNT Express. With shoppers expected to flock to retailers over the festival,...

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Somali Shabaab rebels shot down US drone!

Updated on Monday, October 19, 2009, 23:48 IST Tags: Mogadishu: Insurgents of the Somali al Shabaab group shot down a US drone aircraft flying over the southern port of Kismayu on Monday and were searching for the wreckage, an...

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Citi tightens corporate lending terms

Citibank has tightened procedures for corporate lending after two Saudi groups ran into crisis and left about $15 billion (Dh55bn) in troubled assets held by more than 50 banks in the region, said a top official.

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Kuwait wants Gulf currency union delayed (AP)

Kuwait wants the start date of a currency union it agreed to with three other Gulf states delayed beyond January. The official Kuwait News Agency quotes a statement by the Ministry of Finance as saying Sunday the project should...

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Bahrain's TRA agrees on New Procedure for Wireless Masts

The Telecommunications Regulatory Authority (TRA) had separate meetings today with the Central and Muharraq Municipality Councils concerning the debate over the reaction of new Telecommunications Masts.

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