News Source: Gulfnews.com
| 2 months ago
September 28, 2009, 23:02 Abu Dhabi: UAE Central Bank Governor Sultan Bin Nasser Al Suwaidi confirmed yesterday that 13 local banks are exposed to the Saad and Algosaibi groups, but declined to specify the total amount owed by the Saudi family...
News Source: Zawya Political
| 2 months ago
28 September 2009 UAE M1 money supply shrank 8.3 per cent in August, a slower decline than the previous two months, signalling that the slump in consumer spending may be easing. M1, which includes currency in circulation and monetary deposits, had...
News Source: 7days
| 2 months ago
The real estate advisory firm said Abu Dhabi, Dubai, Cairo and Casablanca had the three factors necessary to encourage long-term investors such as private family groups, conglomerates, government entities and institutional investors. “While some of...
News Source: Gulfnews.com
| 2 months ago
The value of bad loan provisions jumped to Dh26.3 billion from Dh18.3 billion, the Central Bank said on its website yesterday. The provisions rose every month during the year to August, data showed. The UAE economy, the Arab world's second-biggest,...
News Source: Gulfnews.com
| 2 months ago
The ability to attract long-term investors and investments will be key to market success, said a recent report by Jones Lang LaSalle. In more mature economies, long-term investors account for 80 per cent of large real estate investment transactions. "...