Middle East Banking News

Latest Middle East Banking News

Buck lacks bang 7 Jul 2008 01:31 GMT
... WASHINGTON -- Things in the U.S. sure are ... reverse its slide. U.S. efforts to persuade Saudi Arabia and other major oil-producing nations to increase ...
Ignoring the 'Rocks in Glass Houses' Rule, Lieberman Calls Obama a Flip-Flopper on 7 Jul 2008 01:13 GMT
... Sen. Joseph Lieberman's 15-minute appearance on ABC's This Week ... for John McCain because his position on Iraq has been consistent and correct, whereas Barack Obama ... prices and the fallout from the subprime mortgage crisis weren't already problems in February.) Immigration ...
UAE cancels Iraq debt, names new ambassador 7 Jul 2008 01:11 GMT
... WREXHAM, Wales - During a bustling lunch hour ... my own, nobody would give me a mortgage," explained Williams, a delivery driver who has ...
NCB Capital launches mid-cap equity fund 7 Jul 2008 00:50 GMT
... RIYADH: NCB Capital, the investment arm of the ... National Commercial Bank has launched the Al-Ahli Saudi Mid-Cap Equity Fund yesterday to attract both Saudi ... SR50 billion,� Hasan Al-Jabri, head of investment banking at NCB Capital, told reporters. �In our ...
SWFs should be invested in infrastructure: Al-Tawari 7 Jul 2008 00:50 GMT
... JEDDAH: Gross domestic product (GDP) in the GCC ... approximately a 5.5 percent growth rate. For Saudi Arabia, the numbers are approximately $375 billion and ...

For Stocks, Escaping Bear Hinges on Oil, GE 7 Jul 2008 00:50 GMT
... On Friday, U.S. markets will be closed on July ... lower U.S. crude stockpiles and tension between Israel and major oil producer Iran would push prices to $150 a barrel before ...
Sri Lanka seeks OIC observer status 7 Jul 2008 00:30 GMT
... JEDDAH: Sri Lanka has urged the Organization of ... Mohamed, the island's longest-serving federal minister, told Arab News at a meeting at Sri Lankan ... 18, 2007 and is seeking tie-ups with Saudi institutions for microfinancing and technical support. "We ...
Credit Suisse rejig sees regional head quit 7 Jul 2008 00:12 GMT
... Last updated: June 17 2008 06:02 ’s Middle East and Africa business has quit to set ... management shake-up in the Swiss bank’s investment banking operation. Michael Philipp is to launch a Middle ...
McCain, Obama clash on Va. issues: One big difference is drilling off shores of Va., other states 6 Jul 2008 23:32 GMT
... Jul 06, 2008 (Richmond Times-Dispatch - McClatchy-Tribune Information Services ... included high gas prices, the war in Iraq and the economy. Taking note of the high ... in 2010. He would create a new mortgage plan to allow hard-pressed homeowners to retire ...
Dollar Mighty No More; U.S. Currency Keeps Falling 6 Jul 2008 23:31 GMT
... Dollar Mighty No More; U.S. Currency Keeps Falling Things ... reverse its slide. U.S. efforts to persuade Saudi Arabia and other major oil-producing nations to ... international investors unhappy with Bush's policy on Iraq or toward other parts of the world ...
McCain goes to church, visits VA hospital 6 Jul 2008 23:31 GMT
... CHICAGO (AP) — Democratic presidential candidate Barack Obama ... support for President Bush's troop buildup in Iraq the centerpiece of his presidential campaign, is getting ... the Federal Housing Administration backing new, cheaper mortgages for distressed homeowners who otherwise would have ...
Obama takes day off campaign trail in Chicago 6 Jul 2008 23:31 GMT
... CHICAGO (AP) — Democratic presidential candidate Barack Obama ... support for President Bush's troop buildup in Iraq the centerpiece of his presidential campaign, is getting ... the Federal Housing Administration backing new, cheaper mortgages for distressed homeowners who otherwise would have ...
Aussie stocks seen lower on resource firms 6 Jul 2008 23:17 GMT
... Aussie stocks seen lower on resource firms SYDNEY, ... holiday [.N] > Oil falls below $144, Iran responds to nuclear offer [O/R] > Gold steady ... about further write-downs. Goldman Sachs said European banks may need to raise 60-90 billion euros ...
C Suisse cuts cost of top team in Europe 6 Jul 2008 23:15 GMT
... James Leigh-Pemberton, previously chairman of UK investment banking, as UK chief executive. He will take ... changes in June, when Michael Philipp, chairman Middle East and Africa and a former chief executive ...
New Europe head brings dynamic to bank 6 Jul 2008 23:15 GMT
... that have dominated the foreground of the banking industry this year, has quietly instigated a ... for the Swiss bank in Europe, the Middle East and Africa. Mr Varvel may be a ... division which had, in common with other banks, taken on additional cost during the bull ...
Americans' unhappy birthday: 'Too much wrong right now' 6 Jul 2008 22:31 GMT
... Even folks in the Optimist Club are having a ... son is serving his second tour in Iraq. Another speaks of a daughter who's lost ... gas prices are unpleasant, yes, but not unbearable. Maybe it's no surprise that at Ferrari ...
Becoming the Creative Minority 6 Jul 2008 22:31 GMT
... Like so many in this election I am really ... a President McCain we could be in Iraq for decades, 50 or even 100 years. ... anyone doubt a President McCain wouldn't invade Iran? In my opinion we need a return ...
Saudi gains as banking stocks rally 6 Jul 2008 22:13 GMT
... BANKING SURGE: Saudi's main index gained more than 1% after ... expected second quarter results. (Getty Images) Saudi Arabia's main index gained more than 1 percent ...
Kerry says McCain lacks judgment to be president 6 Jul 2008 21:16 GMT
... WASHINGTON (AP) — John Kerry says Republican John ... support for President Bush's troop buildup in Iraq the centerpiece of his presidential campaign, is getting ... the Federal Housing Administration backing new, cheaper mortgages for distressed homeowners who otherwise would have ...
Americans' unhappy birthday: 'Too much wrong' 6 Jul 2008 21:16 GMT
... Even folks in the Optimist Club are having a ... son is serving his second tour in Iraq. Another speaks of a daughter who's lost her job in the mortgage industry and a son in construction whose ...
Bearish battalions 6 Jul 2008 21:15 GMT
... Monday , July 07, 2008 at 1858 hrs ... reserves, and lingering fears that sabre-rattling between Israel and Iran might lead to conflict in the Persian Gulf. ...
Dubai index posts losses for third consecutive day 6 Jul 2008 21:15 GMT
... Dubai: Dubai's index closed lower for a third ... 0.14 per cent higher to 5,087.96 points. Saudi Arabia's main index gained more than one per ...
Gulf states urged to rethink dollar pegs 6 Jul 2008 20:15 GMT
... Gulf states urged to rethink dollar pegs Published: July ... Dhabi has reignited speculation that the United Arab Emirates may break its fixed peg to ... (€4.5bn, £3.5bn) in principal and arrears of Iraqi debt to help Baghdad with reconstruction. The ...
G-8 Summit to focus on food and climate 6 Jul 2008 20:15 GMT
... G-8 Summit to focus on food and climate The ... Japan, while persisting in sending troops to Iraq as a simple-minded follower of the US ... commitments for terror war in Afghanistan and Iran and support for future war strategies. A ...
Opening of Progressive campaign in Auckland 6 Jul 2008 19:55 GMT
... Yes, we have come a long way. Last week ... spikes, and from events like the subprime banking crisis in the US, which has made ... New Zealand didn’t support the invasion of Iraq. There are only two New Zealanders I know ...