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Finance

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Latest finance news

Dubai Islamic Bank raises foreign ownership limit Subscription

16 April 2014, 8:18 GMT | By

Higher limit means DIB is likely to be included in emerging markets index

Qatar First Bank upbeat on Qatar Exchange Subscription

15 April 2014, 5:27 GMT | By

Qatar First Bank eyes listing but awaits regulatory approval

Dubai’s IMG World of Adventures secures billion-dirham financing

14 April 2014, 9:50 GMT | By

Theme park due to open by early 2015

QNB Bank reports first quarter profit increase Subscription

14 April 2014, 8:15 GMT | By

Bank expected to support Qatar’s World Cup infrastructure building programme

Qatar bank gets approval to increase foreign ownership Subscription

14 April 2014, 8:14 GMT | By

Foreign investors will now be able to hold 25 per cent of Commercial Bank of Qatar’s equity

Saudi Arabia cancels IPP plans for Dhuba 1 Subscription

14 April 2014, 8:13 GMT | By ,

Project will be tendered as a standard engineering, procurement and construction contract

Shuaa Capital posts first-quarter profit increase Subscription

13 April 2014, 13:27 GMT | By

UAE investment bank Shuaa Capital’s success driven by capital markets growth

Middle East and North Africa syndicated loans dip in first quarter Subscription

10 April 2014, 10:37 GMT | By

Borrowers review options, but credit growth forecasts remain healthy

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Finance trends

Strategy: Dubai is seeking to use private-public partnerships and stock market listings to raise financing

Dubai’s search for finance Subscription

17 April 2014, 15:16 GMT | By

Faced with a huge debt pile and risk-averse banks, the emirate is seeking new ways to fund its boom

Recovery

The growing appetite for bonds Subscription

10 April 2014, 13:46 GMT | By

Increased corporate activity spurred by strong economic growth is helping to expand the market

Trade confidence in the Middle East

Confidence among UAE traders grows Subscription

8 April 2014, 7:47 GMT | By

India and China will remain the UAE’s fastest-growing trade routes

Qatar banking sector

Qatar’s banks primed to support infrastructure growth Subscription

2 April 2014, 7:08 GMT | By

Qatar’s Finance Ministry recently announced a spike in spending

The UK’s Carillion has been the main beneficiary of UK government funding support and has managed to win contracts on key Dubai projects such as the Dubai Trade Centre District

UK funding to play increased role in Dubai projects Subscription

26 March 2014, 10:37 GMT | By ,

Armed with strengthening support from London, UK companies will find themselves in a better position to handle the growing competition in the emirate

Dimitris Tsitsiragos, regional vice-president, IFC

Interview: Dimitris Tsitsiragos, regional vice-president, IFC Subscription

4 March 2014, 6:12 GMT | By

The IFC’s head of Europe, Central Asia, the Middle East and North Africa explains how the organisation is attracting private investment into the renewables sector

Q&A Musaed bin Muhammed al-Mineefi, CEO Subscription

9 January 2014, 10:07 GMT | By

MEED: Is lending appetite in Saudi Arabia growing, and how liquid is the banking sector?

SAIB net profit 2008-2012

Saudi Investment Bank Subscription

9 January 2014, 10:06 GMT | By

SAIB is in the final year of a strategic plan to boost market share

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MEED comment

Dubai

Financing the Dubai boom

17 April 2014, 15:17 GMT

Investor confidence is growing, but Dubai still needs to close several finance deals to attract future funding for revived infrastructure plans

Markets and bonds

Bonds market gains maturity

10 April 2014, 15:39 GMT

An increasingly diverse base of issuers, driven by strong economic growth is helping to deepen the region’s capital markets

Bahrain

Bank mergers to boost Bahrain’s status

6 March 2014, 12:56 GMT | By

The consolidation of larger lenders will strengthen the country’s status as a financial hub for the region

Dubai debt

Confidence to rise with Dubai debt rollover

20 February 2014, 15:40 GMT

The emirate is set to extend the deadline on its debt to Abu Dhabi, further boosting investor optimism

Budget: Aramco is retendering schemes to cut costs

Aramco filters projects spend Subscription

6 February 2014, 13:41 GMT | By

Fadhili power project shows oil major has decided not to plough ahead with each and every scheme regardless of the costs involved

Project finance

The evolution of project finance Subscription

6 February 2014, 13:29 GMT | By

The region’s project finance market is evolving, as demands to find new ways of funding infrastructure rise

Infrastructure

A revolution in project finance Subscription

23 January 2014, 14:25 GMT | By

With major infrastructure spending planned in the region, the race is on to find alternative sources of funding

Aramex

Businesses need state support Subscription

9 January 2014, 14:17 GMT

Encouraging entrepreneurs is vital to tackling the region’s acute unemployment problems

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Special reports

Project finance

Banking: Sadara deal boosts project finance

30 January 2014, 7:27 GMT

Last year was a bumper year for project finance deals in the Middle East and North Africa region, with $48.7bn of deals signed

Banking

Banking: Dubai leads region's bourses in 2013 Subscription

11 December 2013, 12:41 GMT

The Dubai Financial Market has risen 80 per cent year-to-date, a clear sign the emirate is recovering from the 2008-09 real estate crash

Islamic banking

Islamic banking: The GCC's 20 leading Islamic banks

29 August 2013, 5:02 GMT

The GCC’s Islamic banks performed strongly in 2012

Banking

Banking: QNB extends its lead over GCC rivals Subscription

12 June 2013, 16:20 GMT

For the first time in its history, the Middle East has a bank with assets worth more than $100bn

Banking

Saudi banking: Lenders look to deploy liquidity Subscription

24 April 2013, 14:16 GMT

Saudi banks find themselves in an enviable position

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Finance data

The GCC top 20 banks 2012 by profit

GCC banks by country Subscription

13 June 2013, 13:51 GMT

The main banks in the GCC, listed by total assets for each country

The GCC top 20 banks 2012

Major GCC bank results: 2007 - 2012 Subscription

13 June 2013, 8:52 GMT | Updated: 18 June 2012, 12:54 GMT

Finance figures for the Gulf’s 20 biggest banks, listing their customer deposits, loans and advances, total assets and profits

People

Sharief Habib al-Awadhi

20 February 2014, 7:03 GMT

Sharief Habib al-Awadhi is director general, Fujairah Free Zone

Mohamed Hasan al-Qemzi

20 February 2014, 6:57 GMT

Mohamed Hasan al-Qemzi is CEO, ZonesCorp, Abu Dhabi

Jeffrey Singer Subscription

27 January 2014, 12:37 GMT

Jeffrey Singer is CEO, Dubai International Financial Centre Authority

Christian Kraut Subscription

7 January 2014, 10:24 GMT

Christian Kraut is CEO, Middle East and Africa, Munich Re

Farid Chedid Subscription

7 January 2014, 10:21 GMT

Farid Chedid is founder, chairman and CEO, Chedid Capital

Atish Suri Subscription

7 January 2014, 10:15 GMT

Atish Suri is divisional director, Willis Re

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Meet the analyst


Rebecca Spong
Finance and Banking Editor

Follow Rebecca on Twitter
Phone: +971 (0)4 818 0255
Email: rebecca.spong@meed.com

Latest comment

See all articles written by Rebecca Spong

Research reports

Mena Project Finance Report

Mena Project Finance Report 2013

Mena Project Finance 2013, evaluates the key trends and appetite for long term project finance in the GCC and wider Mena region, including PPPs and government projects that require commercial funding.

See all research reports

Tenders

Kuwait: Licence infrastructure appliances and software Subscription

7 April 2014, 10:21 GMT | By

Support of automatic appliances and software for operational infrastructure and purchase of licences

See all tenders

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Oman Projects 2014

Oman Projects Forum 2014

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