News

Capital Standards: Kuwait Banking Sector 2011 (Dec-11)

Kuwaiti banking system is one of the strongest in the MENA region benefiting from a robust financial profile, strong support mechanism and limited competition from foreign banks. There are a total of ...

Dollar poised to rally in Q1

The US dollar could become a global safe haven next year as the world economic growth is expected to stall, according to analysts at forex.com.

Producer Price Index of Qatar rises by 43.5%

PPI, a key economic indicator, is a weighted index of prices measured at the wholesale, or producer level.

Qatar: QCB sticks to deadline on Islamic unit closure

With no hope of a reprieve, a nervous commercial banking industry has barely two working days left to comply with the diktat of the banking regulator.

KSA: Insurance firms must pay auto accident claims within 15 days

Insurance companies are required to pay claimants up to SAR 10 million within 15 days of the submission of a motor vehicle accident claim, according to new regulations which come into force on March ...

SHC to manage Saudi Enaya IPO

Saudi Enaya Cooperative Insurance has selected Saudi Hollandi Capital (SHC) as financial consultant and manager of its initial public offering scheduled for Dec. 19-25 when the company will float 16 ...

Northern Gulf Partners: Iraq Markets Update (20-Dec-11)

This is a PDF report.

Zain KSA upgraded to 'Buy'

At the end of Q3, 2011, Zain KSA's accumulated losses reached 66 percent of paid-up capital and could reach the 75 percent limit over the next two quarters, resulting in mandated restructuring or ...

UAE's Aldar, Sorouh close at all-time lows

Property stocks listed on the ADX continued to be pummeled on Tuesday with Aldar Properties and Sorouh Real Estate closing at all-time lows in a generally negative market.

Mashreqbank: Emerging Markets Credit Opportunities Fund Fact Sheet (Nov-11)

This is a PDF report.

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