Mergers and acquisitions (M&A) activity involving UAE firms is down more than 29 per cent year-to-date compared with the same period in 2008, Emirates Business can reveal. (more…)
November 12, 2009
Bahraini Islamic lender books steep decline in quarter
November 11, 2009
Crisis fallout on Islamic finance to be reviewed
The impact of the credit crunch on Islamic finance will be discussed at a unique UK Trade & Investment (UKTI) roundtable debate at the 16th Annual World Islamic Banking Conference (more…)
Crisis likely to slash bankers’ bonuses by 40pc
UAE bankers will see their bonuses for 2009 (payable in 2010) hammered by the credit crunch, with an expected 40 per cent cut when compared to 2008. (more…)
Behavioural finance can explain the current crisis
Of all the reasons that led to the financial crisis, one – and the most important of them all – has not yet been discussed in the media. (more…)
November 10, 2009
Dubai says worst of downturn has passed
Dubai’s ruler moved Monday (N0v 9) to assure investors it will have the support of its wealthier neighbour Abu Dhabi as it meets its financial obligations and said the emirate’s (more…)
PE investors seek to fund next wave of M&A
With leveraged buyouts getting rarer, private equity investors are now looking at other options to raise capital for the next wave of mergers and acquisitions, said industry analysts.
Instead of just one option, PE investors will be looking at several solutions, said Alaa El Din Rady, co-founder and MD of Enmaa Financial Services, an Egypt-based financial services and consulting firm.
Read More at Business 247
November 9, 2009
Crisis not to deter Dubai’s investment plans
The global economic crisis will not deter Dubai’s ambitions of implementing its development plans and will not divert it from its leading position nor distance it from playing its role (more…)
Top private sector lender restructures its asset book
Mashreq, the largest private sector bank in Dubai, has restructured its asset book significantly by moving an additional Dh13.7 billion to the Central Bank and increasing loans to (more…)