 |
Egypt currency situation 'not worrying'Egypt's newly named central bank chief sought to reassure investors there was no need to be worried about the situation on the Egyptian currency market, saying the bank had "all the tools" to intervene if it saw s More… |
 |
Global shadow banking hits $67 trillionThe system of so-called "shadow banking," blamed by some for aggravating the global financial crisis, grew to a new high of $67 trillion globally last year, a top regulatory group said, calling for tighter control of More… |
 |
Spending 'key to beat global financial crisis'The way out of an economic downturn is to spend and invest but instead what we are seeing at the moment are governments that think we should cut back and introduce austerity, said a leading Harvard professor. "But historically that has nev More… |
 |
Seminar to focus on financial crisisThe Bahrain chapter of the Institute of Chartered Accountants of India (BCICAI) is collaborating with the Centre for Banking at BIBF and Sage Software Middle East in organising a key seminar on the financial crisis. The event will be held More… |
 |
Toyota set to treble profit as sales accelerateToyota Motor Corp, Japan's top automaker, expects to treble its operating profit this year to more than $12.5 billion, its highest since the financial crisis sent the global car industry skidding. Operating profit jumped more than five More… |
 |
HSBC Mena posts $1.49bn profitHSBC in the Middle East and North Africa (Mena) has reported pre-tax profit of $1.49 billion for the full year. 'Last year saw HSBC in the region deliver a very strong performance,' said chief executive Simon Cooper. 'T More… |
 |
ME ‘gaining momentum’ amid global crisisThe Middle East is “on track” for recovery from the global financial crisis despite the concerns around the Euro, according to a leading economist. Speaking in Dubai on the current global economy and outlook for the Middle East, Andrew Sco More… |
|
Mideast ‘on track' after global meltdownThe Middle East is “on track” for recovery from the global financial crisis despite the concerns around the Euro, according to a leading economist. Speaking in Dubai on the current global economy and outlook for the Middle East, Andrew Sco More… |
 |
India set for prolonged economic slowdownIf Indian policymakers are hoping the country's slowing economy can rebound largely the same way it did from the 2008 global financial crisis, they are dreaming. The reason is the government cannot wield some of the tools it could the last More… |
 |
Tamweel sets up $1bn bond programmeIslamic mortgage lender Tamweel, badly hit by the global financial crisis and the region's property bust, has set up a $1 billion bond programme, according to a base prospectus. Tamweel will complete investor meetings in London on Mond More… |
