Earlier this year when Abu Dhabi capitalized five of its own banks, panic spread throughout the Dubai banking sector. Waiting with baited breath, bankers in the ailing emirate anticipated action …
Tag:
UAE
-
-
Economists far and near differ widely in their forecasts on when leading financial markets will enter into a new virtuous cycle, but one thing experts do agree on is that …
-
As the dust from the global economic storm beings to settle in the UAE, banks are hesitantly wading into 2009. This year, the operating environment for banks is undoubtedly challenging. …
-
Until recently, thelabor laws of the United Arab Emirates seemed as stationary as the tectonicplates under the Arabian Gulf. Those plates seldom shift, but when they do the result is …
-
With the tumultuous ride of 2008 fading, banks in the UAE are unsure of what awaits them in the New Year. Slower growth? Check! Tightened liquidity? Check! A troubled real …
-
During the United Arab Emirate’s economic boom, Abu Dhabi and Dubai sought to bring the best of everything to their country — including healthcare. With open checkbooks, both the government …
-
The word on the street is that banks in the UAE have faired rather well amid the aftershocks of the global financial crisis. Considering they weren’t hit as hard as …
-
The UAE government has long been active in setting laws and regulations to improve the transparency of its real estate market and ensure long-term growth. Since the global financial crisis …
-
The United Arab Emirates has finally decided to go ahead with a new commercial law that would allow family owned firms to go public and list on the country’s two …
-
The UAE, and particularly Dubai, are on a mission to prove to the world that anything they set their minds to can be achieved. Under the leadership of Sheikh Mohammed …