News Source: Gulfnews.com
| about 1 month ago
The census being held next year is considered one of the biggest censuses conducted in the UAE since the first one in 1975. "The importance of the upcoming census is due to the fact that it will be conducted upon the latest international standards,...
News Source: Gulfnews.com
| about 1 month ago
Saad Group and Ahmad Hamad Algosaibi & Brothers Co, two of Saudi Arabia's biggest family owned companies are struggling to repay debts totalling $15.7 billion (Dh57.67 billion) from more than 80 regional and international banks. United Arab Emirates...
News Source: Gulfnews.com
| about 1 month ago
September 29, 2009, 22:51 Abu Dhabi: Gulf Cooperation Council (GCC) central bankers have agreed to ease restrictions on the opening of Gulf banks in the bloc, Oman's Central Bank Governor Hamoud Al Zadjali said on Tuesday.
News Source: Zawya Political
| about 1 month ago
The labor force in Kuwait has not been negatively affected with ripples of the global financial meltdown for 90 percent of the workers are employed by the public sector that largely depends on oil as a main source of income, the Governor of the...
News Source: Zawya Political
| about 1 month ago
The UAE Central Bank said yesterday it would soon set a minimum limit of provisions to be allocated by banks against bad debt as part of an intensifying post-crisis strategy to strengthen their financial position. Central Bank Governor Sultan bin...
News Source: Zawya Political
| about 1 month ago
The UAE Central Bank Governor Sultan bin Nasser Al Suwaidi said on Monday that the Emirates has no plan to re-join the Gulf Monetary Union project. "We have had some issues with the GCC Monetary Union, and we don't see the possibility of any...