 |
Family and victims of global crisis drive UAE remittances: VisaA new Visa research report has revealed that UAE remitters are primarily motivated by the need to provide regular support to their families back home, and address unexpected emergencies, besides the desire to help those caught in a global crisis More… |
|
Family and victims of global crisis drive UAE remittances: VisaA new Visa research report has revealed that UAE remitters are primarily motivated by the need to provide regular support to their families back home, and address unexpected emergencies, besides the desire to help those caught in a global crisis More… |
 |
Investors choose ‘diversity and fixed income strategies’Investors are looking to balance portfolio with allocations to cash, gold and bonds for safety in the wake of an unprecedented ‘perfect storm’ that has ravaged the world economy. The issues wr More… |
 |
Global disasters likely to deepen over 6 months: UNA group of UN experts tasked with forecasting the next disasters likely to require billions of dollars in humanitarian aid has warned of deepening crises in global hotspots from Burundi to Afghanistan over the next six months. In More… |
 |
Global crisis boosts sukuk growthThe issuance of Islamic bond (sukuk) is gaining acceptance in markets beyond its established strongholds in Malaysia, Indonesia, and the GCC region, according to a report by Standard & Poor's. The ratings services in it recent More… |
 |
Global crisis impact on Mideast 'limited'Fitch Ratings said that although growth in the Middle East and Africa (MEA) region will slow in 2012 to four per cent from almost 5 per cent this year, tracking the global slowdown, the broader impact on the region's countries will be limited. More… |
 |
UAE banks 'to have no impact from turmoil'The banks in the UAE are in a good position and should not be affected by turmoil in global financial markets, the Opec country's central bank said on Wednesday. In November, the central bank governor of the world's No. 4 oil expor More… |
 |
Dubai banks 'can beat global financial crisis'Local banks in Dubai have sufficient liquidity to weather a global downturn, the chairman of the Gulf's largest bank and a key figure in its recovery from a 2009 debt crisis said. Shaikh Ahmed bin Saeed Al Maktoum, who is also chairman More… |
 |
Greece warns on debt swapGreece warned it may opt out of a debt swap crucial to its second international bailout if too few investors rally behind it, raising the ante on the stricken country's 150 billion euro ($215 billion) lifeline. The swap to shave 37bn e More… |
 |
All eyes on Bernanke as recession loomsWith the global economy sputtering and financial markets on the rocks, the world needs reassurance the US central bank stands ready to save the day. Federal Reserve Chairman Ben Bernanke will make a speech on Friday at a lodge in Wyoming& More… |
